Business: R.R. What's What

Leonor Fresnel Loree, shaggy railroad organizer, attended an Interstate Commerce Commission hearing at Dallas last week. There were 300 other railroad men and lawyers present at that hearing, but none of more importance than Mr. Loree. Indeed Mr. Loree was the prime cause of the hearing because, as chairman of both the Kansas City Southern and of the Missouri-Kansas-Texas (the "Katy") and the controlling interest of the St. Louis & Southwestern (the "Cotton Belt"), he is seeking to merge these lines, with approval of the I. C. C., into a southwestern Loree system which will strap the...

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