Word: bernet
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Dates: during 1926-1926
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President Frederick Douglass ("Fred") Underwood of the Erie sat in his Manhattan office last week. He had just resigned his job and those "mighty fine young men," Oris Paxton Van Sweringen and Mantis James Van Sweringen, had replaced him with President James J. Bernet of their Nickel Plate road. This was probably another move of the Van Sweringens towards their merger of the Nickel Plate, Erie, Chesapeake & Ohio, Pere Marquette and Hocking Valley roads into their Nickel Plate System, which the Interstate Commerce Commission thwarted last March (TIME, March 15). President Underwood has always been "good copy" for newspaper...
...John J. Bernet was born in 1868, son of a Swiss blacksmith. He too learned the blacksmith's trade and became the best horseshoer in Farnham, N. Y. But locomotive smoke smelled better than forge smoke. Young John got himself a job as a telegrapher...
...years ago. An operating genius, he reorganized, practically rebuilt, the road; made it as efficient a freight carrier as any other line of the country. He is a sales genius too. When the Union Trust Co. of Cleveland contemplated its present 21-story bank and office building, President Bernet got the business of hauling the construction material. That was a triumph. But it lasted briefly, for the late President Alfred Holland Smith of the New York Central heard of the matter. The New York Central had long done considerable business through the Union Trust Co., so President Smith rushed...