Word: sweringen
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Dates: during 1920-1929
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This coup was sprung while the N. Y. Central, the B. & O. and the Penn- sylvania were deadlocked over the future ownership of the Central New Jersey and the Reading. But the energetic Van Sweringen brothers kept right on acquiring roads; their system lacked entry into Pittsburgh, and rumors became active in Wall Street that the Pittsburgh & W. Virginia, the Lackawanna and other roads might soon be added to the new Nickel Plate...
...Sweringen is pastor of the House of Hope Presbyterian Church, St. Paul, Minn. He was chosen campaign manager...
...last week the indefatigable Van Sweringen brothers (of Cleveland) labored, and not in vain. In their bulging bag of railroads reposed the Nickel Plate, Erie, C. & O. and Hocking Valley, but they continued to gun for the Pere Marquette. Chairman...
...financial affairs to remain long away from the dingy brick building at the corner of Wall Street and Broadway which houses the First National Bank. Mr. Baker is now en route from Europe-another at- tempted vacation ruined. Again, the cause for his return is the great Van Sweringen railroad mergers. The "Lords of Erie" have in their day been greatly varying types of men. No greater contrast can be imagined than that between Jim Fiske and G. F. Baker, who now seemingly controls Erie and has for some time been steering the road into more peaceful and prosperous years...
Continued rumors in Wall Street and elsewhere concerning the Van Sweringen brothers and their plans for consolidating railroads were confirmed when it was announced that their leading road, the "Nickel Plate" (the New York, Chicago & St. Louis), had virtually acquired control of the Erie. The growth of the new Van Sweringen system, which has not yet reached its end, began by important consolidations under the Nickel Plate. Last February, Nickel Plate assumed control of the Chesapeake & Ohio. In the late Winter and Spring, the heavy buying of Erie on the Stock Exchange occasioned much comment. Evidently much...