Word: atchison
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Seven Railroads: 1) Atchison, Topeka & Santa Fe rose from 197¼ to 275, a gain of 77¼ points. On the basis of 2,416,293 shares of stock outstanding, this was an increase of $186,658,634 in the market value of the company's common shares. 2) Chesapeake & Ohio rose from 218½ to 274, a gain by similar calculations of $65,542,170. 3) Great Northern preferred,* from 111 to 123½ or $31,193,325. 4) New York Central, from 188 5/8 to 241¾, or $246,362,682. 5) New York, New Haven & Hartford...
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Sirs: Steuart H. Britt's letter in TIME of Dec. 31 is not adequately answered by your comment. Students of history should be informed that in reality Atchison was never President of the United States. Polk was President until midnight (not noon, as Mr. Britt says) of March 3, 1849, and promptly thereafter Taylor became President. The Constitution provides, concerning the Presidents: "Before he enter on the execution of his office, he shall take the following oath. . . ." President Taylor took this oath at noon on March 5 because he had no occasion to enter on the execution...