Word: rocke
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Dates: during 1940-1949
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Farrington, who had made the road flourish, president. He had rebuilt its rickety trackage, spent $100 million for new equipment and other improvements, and sent 20 streamlined Rock Island "Rockets" flashing over its new, heavy-ballast rails. The war boom which helped all railroads had mightily helped the Rock Island. During the last seven years its net profits were more than $80 million...
This once popular song was not popular among long-suffering customers of the Chicago, Rock Island & Pacific Railway: it seemed to them the bitterest satire. The Rock Island went formally bankrupt in 1933, after years of tottering on the verge...
...story goes that passengers got so used to late trains that they came late to catch them. But they hardly expected to see, even on the eccentric Rock Island, the automobile, equipped with railroad wheels, that came down the track one day in 1936. In it was a man who looked like Franklin D. Roosevelt. It was John Dow Farrington, 56. A railroader since 18, he had just been hired away from the Burlington Lines to pull the rocky Rock Island together. And he spent most of his first six months riding its 7,650 miles of track (much...
Last week, Farrington showed that he had run it well. The Rock Island came out of bankruptcy. As the first order of business, the new board of directors named
...security holders had fought it all the way to the U.S. Supreme Court, the road's fixed charges were cut to a mere $1.5 million a year, compared to the previous $13 million. The capitalization was scaled down from $447 million to $327 million. Farrington thought that the Rock Island was finally in good enough shape to live up to the old song...