Word: icc
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...Lundeen voted to establish the independent Civil Aeronautics Authority (for air safety, development and regulation), and CAA was recently transferred to the Commerce Department. The crash also was a direct blow to several Government bureaus: aboard the ship, as it happened, were able younger employes of Internal Revenue, FBI, ICC...
Dallas' opportunity was an ICC decision three weeks ago permitting 804-mile Colorado & Southern Railway, which operates from Orin, Wyo. to Texline on the Texas border by way of Denver, to lease 902-mile Fort Worth & Denver City Railway, which runs from Dallas to Texline via Fort Worth, Wichita Falls and Amarillo. Big Burlington Lines control C. & S., which controls F. W. & D. C. Reason for the move was an estimated saving of $250,000 yearly by joint operation. But it meant the removal of F. W. & D. C.'s general offices from Fort Worth to Denver...
...railroad, alphabetically speaking, is Aberdeen & Rockfish. It is 45 miles long, owns three locomotives and connects the North Carolina towns of Fayetteville and Aberdeen. Known far & wide is A. & R. for a rather dubious distinction. Every time ICC cooks up a legal action against all U. S. railroads A. & R., with an et al. after its name, represents the entire list. But A. & R. has another distinction, which was gaining importance last week: it is the principal rail route to Fort Bragg, the U. S. Army's 125,000-acre artillery post. Since defense preparations began the little line...
...competitors. Caught in the suit's 80-page web were Pullman Directors J. P. Morgan, Harold S. Vanderbilt, Richard K. Mellon, Alfred P. Sloan Jr., George Whitney, others-as potent a list of defendants as ever graced a civil action. (Since the Government, through reports filed with ICC, has long been aware of the practices to which it is objecting, Trustbuster Arnold considered a civil action "more appropriate" than a criminal...
...Recent ICC plans for bringing the Milwaukee, the New Haven, the Missouri Pacific and other railroads out of bankruptcy are notable...