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Lately he was asked what he considered the "immediate" task of the U. S. He, whose philosophy of government is based primarily on business economics, answered: "The development of water resources to relieve railway congestion. . . . Our engineers assure me that a consolidated Mississippi Valley system of water trunk lines and tributaries can be finished in five years if we go at it vigorously, and that the cost will not be much above a hundred million dollars. This is negligible expense for facilities that will move-economically speaking-our Middle Western wheat growers and cattle raisers hundreds of miles nearer...

Author: /time Magazine | Title: National Affairs: The Beaver-Man | 3/26/1928 | See Source »

Financial press agents fought doughtily all week, as they did less conspicuously for three preceding weeks, over a national railway problem, essentially political, secondarily financial. The problem is whether there are to be four or five dominant trunk-lines westward from New York. The fifth, if at all, would be organized and run by Leonor Fresnel Loree, who now controls the Delaware & Hudson. Mr. Loree, grizzly-bear of railroads, Harriman's successor in talent, conferred for nearly three hours. His conferees represented four trunk-line adversaries: the Pennsylvania, the New York Central, the Baltimore & Ohio and the Van Sweringen...

Author: /time Magazine | Title: Business & Finance: 4 or 5 Systems | 3/26/1928 | See Source »

...that jungle-covered spot of northern South America, where Venezuela, British Guiana and Brazil touch each other angularly, is Mt. Roraima, famed among travelers and explorers. It is a huge wall of red rock that rises, like a ruddy tree trunk, 1,500 ft. sheer above the surrounding plateau and altogether some 8,500 ft. above sea level. It seems unscalable...

Author: /time Magazine | Title: Science: Mt. Roraima | 3/12/1928 | See Source »

...Wrecker. What a to-do in the offices of the Great Trunk Line! A criminal, a nameless fiend, is, everyone feels almost certain, going to continue his series of express train demolishments by wrecking the night flyer. To the great dismay of the little group waiting around for something to happen, he does just this; then the president of the road, on the point of naming the dastard's name, is shot down by some mysterious hand...

Author: /time Magazine | Title: The Theatre: New Plays in Manhattan: Mar. 12, 1928 | 3/12/1928 | See Source »

...gave a sermon in Reidsville on the subject of repentance. After his sermon, Alma Petty, sweet & pretty, who had married the village fire chief, Eugene Gatlin, went to him and made a confession. She said she had killed her father with an axe and put his body in a trunk in the cellar. The corpse of Smith T. Petty was found where Alma Gatlin said it was; there was a hole through the skull...

Author: /time Magazine | Title: Religion: Murder Trial | 3/5/1928 | See Source »

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