Business & Finance: The St. Paul

The latest investigation of the bankruptcy a year ago of the Chicago, Milwaukee Railroad (the St. Paul) opened in Manhattan last week under the presidency of Frederick I. Cox of the Interstate Commerce Commission. For the Commission, Walter L. Fisher of Chicago was special counsel.

The I. C. C., stirred up by the St. Paul's creditors,* seeks to learn why, how and with what benefits the road three and a half years ago leased the 96-mile Chicago, Milwaukee & Gary belt line and the Chicago,...

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