Word: railroads
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Dates: during 1920-1929
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Loree Merger. The I. C. C. suddenly ordered Leonor Fresnel Loree to explain why his railroad mergers proceedings in the Southwest were not a violation of the Clayton Anti-Trust law. Mr. Loree had had his Kansas City Southern R. R. buy control of the larger Missouri-Kansas-Texas ("Katy") and the St. Louis Southwestern ("Cotton Belt"), presuming that he was protected by the 1920 Transportation Act of Congress which encouraged the railroads to unify regional systems. Railroad men realized that the I. C. C.'s present gesture towards Mergerer Loree may be an effort to rub away...
Governor William H. Adams of Colorado and Oliver Henry Shoup, who was Governor before him (1919-23), swung sledges last week to drive a spike into a railroad tie under the Continental Divide west of Denver. The spike was a golden one and the two laborers made speeches. Mayor John F. Bowman of Salt Lake City made a speech, representing Governor George H. Dern of Utah. Then 2,500 people, on four special trains, rode forth and back through the six-mile Moffat tunnel thus formally opened. The tunnel connects Denver and the "near West" with the vast, enormously rich...
...grabs another, finishes the point. Sometimes in a hard game a champion breaks five or six racquets in succession. They cost fourteen dollars apiece. Court tennis players hold their racquets toward the middle, near where the rivet would be on a tennis racquet. Jay Gould was famous for his "Railroad service" which climbs along the penthouse, dropping almost dead. Etchebaster has a service like Gould...
...Mellen was its president. Ambitious to control all of New England's transportation, the N. Y. N. H. & H. bought trolley, steamship and other connecting lines at inflated values. Financial collapse of the N. Y. N. H. & H. followed. President Mellen was ejected. Later Edward Jones Pearson, able railroad operator, came in as president, while Howard Elliott, now chairman of the Northern Pacific, gave financial counsel...
Pennsylvania Railroad Co. (Broadway Limited)-Reported a record year, earnings of $68,160,296. Previous year...