Word: railroader
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Dates: during 1950-1959
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...government of Mexico's dependence on U.S. dollars, Ruiz Cortines made no mention in his program of foreign private investment. The only indication that Mexico could not pull herself up entirely by her own bootstraps was his announcement that he intends"to negotiate long-term foreign credits for railroad rehabilitation, expansion of fertilizer production and the realization of our program of port development...
...estimated $350 million in assets-not to mention scores of lesser investments. The companies stretch from Canada to Mexico, from coast to coast, and are as varied as a pirate's treasure (see map). No sooner has he bought a ship line than he wants a railroad, no sooner a candy company than he gets a grocery. Murchison juggles multimillion-dollar deals with the unconcern of a racetrack teller counting $2 bills. In Texas, where such a man is admiringly known as a "wheeler-dealer," Clint Murchison is the biggest wheeler-dealer of them all. Says Sid Richardson: "Murchison...
...past few months Murchison and Richardson have hit the nation's front pages by trying to help their fellow Texan, Robert R. Young, catch an iron horse-the $2.7 billion New York Central Railroad. The Central deal started with a long-distance phone call last March. Young, an ambitious dreamer who has exchanged Texas roughness for Newport's semi-suavity, had run into trouble in his campaign to win the Central. From Palm Beach, he called Murchison and said, "I need some help." Murchison called Richardson in California and said, "I need some help." Richardson took the call...
...week's end, the Dow-Jones industrial average hit a new 24½-year high of 321.30, up 1.97 for the week. The railroad averages, which have lagged behind, also spurted. They broke through last July's peak to reach 108.52, up 4.21 points...
...William F. Gurney, 12, of West Palm Beach. Fla., saw a girl and boy trying to pick up some books that the girl had dropped on a railroad track. Gurney rushed onto the track, pushed the boy and girl off, then jumped clear himself-just as a train roared past...