Word: rying
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Dates: during 1930-1939
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Associated Press reported that Midamerica might be sold "within 48 hours." But days passed without any announcement of a sale. Cleveland newspapers placed Boston's crusty old Frederick Henry Prince, chairman of Armour & Co. and onetime president of the Van Sweringens' Pere Marquette Ry., at the head of a propositioning group which had withdrawn from the race. Other "overnight selections": a Manhattan syndicate represented by Brokers Young, Kolbe & Co.; a General Motors-Du Pont combine...
...wealth if not in prestige the open-handed Toronto millionaires are a match for Montreal's best. Richest man in Canada is Sir Herbert Samuel Holt, testy, 81-year-old Chairman of the Royal Bank of Canada. An Irishman from Dublin, he got his start in Canadian Pacific Ry., made a fortune in Montreal utilities, another fortune in textiles. Hardboiled, hot tempered, hobbyless, he has been known to pick up an inquisitive newshawk, toss him bodily downstairs...
...economic predilections . . . they are scrupulously suppressed. . .. Judges are moralists and good fellows. They like to see people get a square deal. For example, any railroad company which has not had its tax assessment lowered since the Depression . . . may have its tax bill cut down by this court [Great Northern Ry. v. North Dakota]. This is the type of legislative tyranny which is clearly a violation of due process. . . . We shall give back any money exacted as taxes . . . for the benefit of farmers . . . but we shall have nothing to say if the money is for no one in particular [Hoosac Mills...
Because he saw a bright future for rail traffic in the "golden triangle" of his part of the Southwest, Railman Couch last week purchased working control of Kansas City Southern Ry. from Paine, Webber & Co. The Manhattan brokers would reveal no details of the deal, but a good guess was that Senator Joe Robinson's good friend Harvey Couch and his associates paid up to $2,250,000 for the stock once held by the Brothers Van Sweringen...
Harvey Couch's Louisiana & Arkansas Ry. has only one dining car, the K.C.S. but three. Assets of the two roads foot up in about the same ratio - $36,500,000: $136,000,000 - and dining car and passenger revenues mean little to either. Running from New Orleans to Shreveport, La. and Hope, Ark. with an affiliate branching to Dallas, Tex. the L. & A. carries mostly quarry products, refined oils and sugar...