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...years old and took his first job as cashier in a Pennsylvania Railroad freight office in Toledo. Working for many railroads, he rose rapidly and in 1915 became board chairman of Wabash. In 1924 he became board chairman of Missouri Pacific, was ousted in 1930 by the Brothers Van Sweringen. Close associate of Leonor Fresnel Loree in his plans to build a fifth great eastern trunk line, Railman' Williams put forward a plan of his own in 1929, two years after Mr. Loree was frustrated in his efforts. Partly because of the strong position of Pennsylvania Railroad, the Wabash...

Author: /time Magazine | Title: Milestones, Oct. 26, 1931 | 10/26/1931 | See Source »

Once notorious as "the Scarlet Lady of Wall Street," the Erie Railroad, as everyone knows, has long since reformed and led a most exemplary life. So exemplary, indeed, that some years ago those two most respectable Clevelanders, the Brothers Van Sweringen, took the Erie unto themselves in lawful wedlock. Now the brothers are taking their bride to Cleveland. Last week the first special trainload of Erie employes and families chuffed out of New York bound for the road's new headquarters in Cleveland (which will not, for the present at least, be located in the Van Sweringen...

Author: /time Magazine | Title: Business & Finance: Reformed Lady to Cleveland | 8/10/1931 | See Source »

...through their corporations, tax refunds totalling $114,655,279. Though Senator Dill would have great difficulty in proving any connection between these funds and refunds, his charge was prime political ammunition. Large contributions and refunds listed among the 24: Jeremiah Milbank $25,000 and $891,443; the Brothers Van Sweringen $65,000 and $353,364; the Rockefellers, father and son $50,000 and $8,545,309; William Nelson Cromwell $25,000 and $222,652; Harvey Firestone $25.000 and $2,960,000; Charles Hayden $25,000 and $1,876,000; the late George Fisher Baker...

Author: /time Magazine | Title: POLITICAL NOTES: Mortgage v. Strangle Hold | 6/22/1931 | See Source »

...Plate-Chesapeake & Ohio?was the New England rail territory in their huge Eastern merger agreement of last month (TIME, Jan. 12). Last week came an inkling of what these systems proposed to do with this important trackage when William H. Boyd, personal counsel for the Nickel Plate's Van Sweringen brothers, addressed 400 potent New Englanders at Providence. Mr. Boyd, who would not have conceivably spoken out of turn on such a delicate matter, outlined the following distribution of New England roads to the big four...

Author: /time Magazine | Title: TRANSPORTATION: New England Inkling | 2/16/1931 | See Source »

...table in Manhattan's Pennsylvania Station. They were William Wallace Atterbury, strident and aggressive president of Pennsylvania R. R.; Patrick Edward ("Pull Eighty Cars") Crowley, diffident and watchful president of New York Central R. R.; Daniel Willard, precise and conciliatory president of Baltimore & Ohio; and the Brothers Van Sweringen, urbane and alert owners of Chesapeake & Ohio-Nickel Plate. Luncheon was served them in their chairs. Nine hours later they arose together after concluding an agreement so momentous they did not trust themselves to announce it to the public. Because President Hoover had pressed them into this conference, because...

Author: /time Magazine | Title: TRANSPORTATION: Presidents' Plan | 1/12/1931 | See Source »

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