Word: railroads
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Dates: during 1920-1929
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...about Farm Relief, you may be interested in what the Guernsey breeders have to say about it. In their picnic at River Falls, Wis., on June 4 as you will note on the attached sheet, they sang to the good old tune "I've been working on the railroad" the lines on the enclosure. May I suggest as a headline, "Udder Nonsense...
...that the new institution would be at all a Drum enterprise. To most Californians, Banker Crocker is perhaps more a symbol than an individual-a symbol of wealth, position, dignity, correctness. He is the only living son of Charles Crocker, who was one of the founders of Southern Pacific railroad. The Crocker First National Bank was created by Charles Crocker with the single sweeping gesture of writing a check for $500,000. Banker Crocker inherited the First National, has many times multiplied the family wealth. At Yale (class of '82) he specialized in boxing, now plays excellent golf...
Last week it appeared that the B. & O. had waited too long, that another railroad had stepped in to make the Canton dream come true. For Canton was sold (price, $13,000,000) to American Exchange Securities Corp., investment affiliate of Manhattan's Irving Trust Co. Obviously the bankers were acting as agents, but for whom they would not state. After many questions, denials and guesses, however, it was stated, unofficially but definitely, that the purchaser was not Baltimore & Ohio but Pennsylvania R. R. Whether the Pennsylvania would keep Canton for itself or sell it to the friendly Wabash...
Soon, however, there will occur an industrial event which should add to Guatemalan and Salvadorean prosperity. This event will be the completion and opening early next month of an 80-mile stretch of railroad which will link the coast-to-coast Guatemalan railroad with the coast-to-the-interior Salvador railroad. With the completion of this connecting link, the coffee planters of San Salvador will be given a direct rail line to the Atlantic. Instead of shipping coffee to the Pacific, then down to the Panama Canal, then through the canal to the Atlantic, coffee men can ship entirely...
...link between the Guatemala and the Salvador railway will bring to a successful conclusion 25 years of effort by Minor Cooper Keith, organizer of potent United Fruit Co. In 1904 (five years after the formation of United Fruit) Mr. Keith acquired from the Guatemalan government a 130-mile railroad which ran from Puerto Barrios (Guatemalan Atlantic port) inland. It was a very unprofitable road, since its other extremity was but Guatemala City, its only logical western terminus. But Mr. Keith pointed out to United Fruit that it could well and profitably grow bananas in eastern Guatemala, thus providing the railroad...