RAILROADS: At the Throttle

Unlike most boys, Bill Deramus had a head start on his ambition to be a railroad engineer. His father was a division superintendent of the Kansas City Southern Railway Co., and frequently took Bill on rides. Bill never became an engineer, but last week he did even better. At 33, he became president of the Chicago Great Western Railway Co.—the youngest president of any Class I road in the U.S.

The new job climaxed ten short years of railroading for William N. Deramus III, who is as big and brawny as a coal passer. Fresh out of Harvard Law in...

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