Business & Finance: MOP's Future

Last week in one of the upstairs dining rooms of the 75-year-old Down Town Association on Manhattan's narrow Pine Street occurred a unique powwow of some 50 persons interested in the future of a debt-ridden, six hundred million dollar railroad system.

One fifth of all U. S. railroad mileage is in the hands of the courts, and nearly one-third of that stricken mileage is accounted for by Missouri Pacific Railroad, biggest province in the Van Sweringen empire. Missouri Pacific is also RFC's largest creditor, owing that Government agency $23,000,000. RF Chairman Jesse Jones lately...

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