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...hearing in San Francisco, Ernest S. Marsh, normally soft-spoken president of the Atchison, Topeka & Santa Fe Railroad, denounced the rival Southern Pacific for its attempt to take over the lucrative little Western Pacific which Marsh wants for the Santa Fe. A Southern Pacific-Western Pacific combination, charged Marsh, "would not even be in keeping with a plan to consolidate Western railroads into as few as two competing systems." Echoed Western Pacific's own President Frederic B. Whitman: if the ICC approved the SoPac's plans, "they would do it on the basis that a rail monopoly...

Author: /time Magazine | Title: Business: Personal File: Aug. 4, 1961 | 8/4/1961 | See Source »

...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...

Author: /time Magazine | Title: Business: Personal File: Jul. 28, 1961 | 7/28/1961 | See Source »

...Topeka, Kans...

Author: /time Magazine | Title: Letters: Jun. 9, 1961 | 6/9/1961 | See Source »

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...

Author: /time Magazine | Title: Milestones: Mar. 17, 1961 | 3/17/1961 | See Source »

...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...

Author: /time Magazine | Title: Armed Forces: The Long Way Home | 3/10/1961 | See Source »

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