Word: topeka
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Dates: during 1960-1969
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...Blunt-spoken Donald J. Russell, 61, president of the Southern Pacific railroad, geared last week for battle. Testifying before an Interstate Commerce Commission hearing in San Francisco about the fight between the Southern Pacific and the Atchison, Topeka & Santa Fe for control of the small but strategic Western Pacific Railroad, Don Russell argued that S.P. control of the Western would eliminate "wasteful duplication of facilities." Russell, head of the railroad with the biggest profits in the U.S. (1960 earnings: $65,400,000), is an ardent champion of mergers of competing "side-by-side" railroads. But the rival Santa Fe, whose...
...Topeka, Kans...
Born. To Captain Freeman Bruce Olmstead, 25, copilot of the RB-47 bomber shot down by Soviet fighters over the Barents Sea on July 1, who spent nearly seven months in a Soviet prison before returning home last January; and Gail Olmstead, 26: their second child, second daughter; in Topeka, Kans...
...from a month behind the U.S. Air Force secrecy curtain came the two RB-47 airmen who were released by the Russians shortly after John Kennedy's inauguration. In a prepared joint statement, followed by a question-and-answer session at Forbes Air Force Base, near Topeka,Kans., Captains Freeman B. Olmstead and John McKone (TIME cover, Feb. 3) told newsmen what happened to them after their RB-47 was shot down over the Barents Sea last July while flying a "ferret" mission to test Russian radar defenses. Their story of personal bravery under intense cold war pressures left...
...Atchison, Topeka & Santa Fe, which countered Southern Pacific's challenge by quickly picking up a 20% holding in Western, wants to run Western as a separate, semi-autonomous railroad, continue to use it to compete with the Southern Pacific. Other railroads joined the fight. The Santa Fe's transcontinental archrival, the Union Pacific, whose lines tie in with the Southern Pacific's, said that it had bought up 10% of Western's stock and that it supported the S.P. The Chicago, Rock Island & Pacific, which competes with the Santa Fe in the Midwest, also came...