Word: wabash
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...take on smaller lines. The Van Sweringens entered the situation by buying control of the Nickel Plate, Chesapeake & Ohio, Erie, Pere Marquette and Hocking Valley and offering a plan (contested in the event) for unifying them. Leonor Fresnel Loree entered it by control of the Delaware & Hudson and the Wabash, by buying near control of the Lehigh Valley and by getting an option (lapsed in the event) on the Buffalo, Rochester & Pittsburgh...
...Loree had nominally dropped out of the eastern contest. He still controlled his Delaware & Hudson. But he had sold his (i. e., D. & H.'s) control of the Wabash and his near control of the Lehigh Valley to the Pennsylvania. He had forfeited his option...
...Pennsylvania (William Wallace Atterbury, president) had the biggest, best-integrated, and most strategically located system of the district. It had control of the Wabash and almost half the stock of the Lehigh Valley. Most significantly it was in process of establishing itself in the public mind as the eastern railroad. This it was doing by institutional advertising and by pushing new railroad features, as electrification, air-rail transportation...
...fifth Eastern railroad system, he had an option on the Buffalo, Rochester & Pittsburgh Railway. This is a 600-mi., Y-shaped road joining Pennsylvania's soft coal and steel districts to Lakes Erie and Ontario. It lay as an important joint for him to connect his Delaware & Hudson, the Wabash (which he controlled) and the Lehigh Valley (which he thought he controlled). It was a pretty railroad layout and promised to compete with the New York Central, the Pennsylvania and the Baltimore & Ohio established systems, and with the Van Sweringen brothers' pattern of the fourth system...
...vicious, nerve-wracking stock-voting contest for control of the Lehigh Valley lost to Lehigh's President Edward Eugene Loomis. The fifth system thus could no longer be. Leonor Fresnel Loree, hard-bitten railroader that he is, was thwarted, vanquished.* At once he sold his Lehigh Valley and Wabash stocks to the Pennsyl-vania...