Railroads: No Haven

"In a way," sighed silver-maned Boston Lawyer George Alpert, 63, last week, "the campaign that I have been conducting for the past five years is a crusade. I have learned to my sorrow that the road of the crusader is not exactly a path of roses." No one else thought that "crusader" was the appropriate word for Alpert. as he announced that the New York. New Haven & Hartford Railroad, of which he has been president since 1956. was filing for reorganization under Section 77 of the Bankruptcy Act.

Short Hauls, Long Debts....

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