Business: Dummies & Monkeys

In Washington last week the Interstate Commerce Commission heard with apparent favor Chesapeake & Ohio Railway's plan to acquire direct control of the Erie and Nickel Plate to tighten two loose strands in the old Van Sweringen network. C. & O.'s past connections with another strand, Chicago & Eastern Illinois, meanwhile came under the pained scrutiny of Montana's Senator Wheeler and his committee investigating railroad finance. The evidence provided the Senator with his best illustration to date of how the late exceptional Brothers "Van" dummied their way through deal after deal to get...

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