Alleghany Corp.'s Robert R. Young took a light drubbing from the U.S. Supreme Court last week. It knocked out his hope of getting control of the Pullman sleeping-car business. Young's Chesapeake & Ohio Railway Co. had bid for it when anti-trust action forced Pullman, Inc. to put the business up for sale. But Young's bid had been thrown out in favor of one made by a pool of 43 other railroads. Young had cried "monopoly." So had the Department of Justice, which put the matter up to the Supreme Court. But the Court approved the sale to the pool (for...
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