This time Railroader Robert R. Young, who likes to dish it out, had to take it. In a report last week, Interstate Commerce Commission Examiner Charles Edward Boles thumbed down Young's plea to join the board of New York Central Railroad Co., and, in effect, control it by voting his 6% holding in Central stock.
Examiner Boles, usually a mild-mannered man, looked hard at Young's argument for a close alliance between the Central and his Chesapeake & Ohio Railway Co. In his report he called it a jumble of "opinions, prophecies, speculation and . . . pure fancy." Young's purchase...
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