For about two years, the future of the St. Paul R. R. has provided a ready subject for debate and conjecture at Wall Street luncheon tables. Most people thought the great Northwestern carrier would escape a receivership, although by a narrow margin. To many, therefore, the receivership (TIME, Mar. 30) came as a surprise.
Last week, an enterprising "star reporter" of Cyrus Hermann Kotzschmar Curtis' newspapers began a series of feature articles on the failure of St. Paul. But, despite the considerable advance publicity concerning wonders to be revealed, his articles have so far...