Word: railroadmen
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...normal year U. S. railroads lay about 3,000,000 tons of rails. Last year they laid 304,000 tons, bought new only 185,000 tons. But already saddled with debt (and regulation), few railroadmen were eager to go further into debt just to help the railmakers and the NRA. But the only one who spoke his mind was Edward Eugene Loomis, rugged president of Lehigh Valley, the late George Fisher Baker's closest friend. "Lehigh Valley does not need rails at this time," snorted Mr. Loomis. "Great days we're having now for hair-trigger planners...
...Detroit practice to become a Presbyterian preacher and who wanted his son to enter the ministry. President Atterbury started in the Pennsylvania's great Altoona shops. In 1903 President Cassatt jumped him to general manager of the eastern region, a key post. Thereafter his rise, like all railroadmen's, was slow. There are no young railroad presidents. William Wallace Atterbury, now 67, was just under 60 when he stepped into Samuel Rea's shoes...
...sells out for $200,000 S. P. will be granted permission to build parallel tracks. This would cost S. P. only $1,153,000 and would put F. & N. out of business. The "parallel track threat'' will never serve to arbitrate differences between major railroads, but railroadmen last week thought the I. C. C. had found a potent way to drag small railroads from holdout corners...
...extreme low was in July when returns were only one-fifth of 1931's figure. Last week's carloading report (week ended Oct. 22) showed a drop of 8,405 cars to 642,173. The normal trend until the year-end would be a steep decline but railroadmen last week were inclined to expect better-than-normal performance...
...that "the trouble is too damn many men wearing the seats of their pants shiny." When last July President Boatner had to resign because of ill health (he went on a round-the-world cruise with his sister) it was natural that energetic Mr. Joyce should become acting president. Railroadmen noted with interest last week that he had assumed the position permanently, will be operating head as well as financial guide...