Business & Finance: Trunk-Line Plan

For some time conferences between the leading trunk-line railroads into New York have been going on. They have been held alternately in the headquarters of the Pnnsylvania and the New York Central, and besides the representatives of those roads, officials of the B. & O. and the Van Sweringens, heads of the new "Nickel Plate" merger, have attended. The inclusion of the latter, incidentally, proves that they have "arrived" in the railroad sense.

The purpose of these conferences has been to develop a plan of consolidation according to the terms of the Transportation Act,...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!