Business & Finance: Lionel Line

Last year a hustling little corporation with three big factories at Irvington, N. J. sold 1,000 miles of railroad track, 15,000,000 crossties, more sleepers than Pullman Co., more locomotives than American Locomotive and Baldwin Locomotive combined. New York Central's President Williamson had written the company a letter of enthusiastic praise. Baldwin Locomotive's Chairman Vauclain had even allowed himself to be photographed with his grandchildren in front of one of the company's sleek shiny locomotives. Railroad engineers themselves had openly admitted that its rolling stock was the best in the field. The company...

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