The world's biggest privately owned railroad moved a hard-driving engineer into the front cab last week. Norris Roy ("Buck") Crump, 50, a veteran railroader who began his career as a 16-year-old track laborer, was elected president of the Canadian Pacific Railway Co., the $2 billion transportation empire, largely owned by U.S. and British investors, that is Canada's richest corporation.
The great backbone of President Crump's domain is 17,000 miles of railway through the most populous areas of Canada, and some 4,000 miles of branch lines into the northern U.S. Midwest. C.P.R. telegraphs,...