Business & Finance: Central Centenary

Two special trains tugged out of Manhattan one day last week. They carried Chairman Chauncey M. Depew* and President Patrick E. Crowley of the New York Central, besides many another railroad official and their guests. With them were President Emeritus Arthur T. Hadley of Yale, Bishop William T. Manning and U.S. Senator Royal S. Copeland. All were bound for Albany and Schenectady.

The occasion was the centennial celebration of the New York Central. In 1826 the New York legislature chartered the Mohawk and Hudson Railroad† to operate between the two upstate cities. In...

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