Word: railings
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Dates: during 1920-1929
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Consolidation is the current railroad cry. Like vaudeville jugglers, pitching lamps and crockery deftly aloft, are heads of great U. S. rail systems, throwing and catching the little roads upon whom they have merger designs. At times, however, the juggler's eye tires, his hand wavers...
...Fifth Trunk Line which Juggler Loree had spent some four years attempting to construct. For union of the Kansas City Southern and the Cotton Belt was essential to the southern portion of the Loree plan. The northern portion has, of course, long since collapsed. So passes from the rail consolidation stage Juggler Loree, shrewd and potent but faced with too heavy odds. Two of his stage "properties" - the Wabash and the Lehigh Valley roads - are prominent in the present rail-merger performance. Headliners of this program are the Two Van Sweringens, Oris Paxton and Mantis James. To the Interstate Commerce...
Erma is the European Rail Makers' Association, a cartel which includes British, French, German, Belgian and Central European rail manufacturers. It was last week reported that U. S. railmakers were on the point of formally entering the cartel. Thus the cartel would no longer be European but International, thus Erma would evolve into Irma...
...participation in the rail cartel would be chiefly the official recognition of a working agreement which has for some time existed between U. S. railmakers and cartel members. U. S. industry on the whole has been somewhat wary about joining cartels, fearing prosecution under anti-trust laws. But the government is much more broad-minded concerning what U. S. industry may do abroad than concerning what it may do at home and one obvious method of meeting cartel competition is to become a cartel member...
...later years, as head of a great railroad, Mr. Rea was not only rail tycoon but public figure as well. Thus many a person knew that he belonged to the Association Against the Prohibition Amendment, that he supported Alfred Smith in the late campaign. He was famed, too, as a woodchopper and as a collector of English antique silver. Doubtless many of the thousands who this week passed through Manhattan's Pennsylvania Station realized that in it Samuel Rea has an enduring and a fitting memorial...