Confident Exit

The Union Pacific's red-faced, confident president William M. Jeffers, who went to Washington a year ago as U.S. rubber czar, last week confidently resigned. Wrote he to Franklin Roosevelt: "The big job ... is done. . . . The greatest contribution that I can make ... is to return to an on-the-job handling of the operations of the Union Pacific Railroad."

Tough, bulky Bill Jeffers, who took over his job knowing nothing about rubber, proved that he knew how to get things done. Two-thirds of the proposed synthetic-rubber plants, his office announced, are already in operation or ready for operation. The...

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