"Absolute baloney!" roared rambunctious Patrick Benedict McGinnis last week to a report that he was leaving the presidency of the New York, New Haven & Hartford Railroad. Less than five hours later, McGinnis ate his baloney, said that he would quit his $75,000-a-year job because a "splinter group" of New Haven directors did not like the way he was running the railroad.
"I am sure that there will come a moment when some of my critics will want to correct a shameful wrong," said McGinnis virtuously. "I have had to face an unusual share of basic operational problems . ....
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