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...might have one or two ideas. Fortnight ago when ICCommissioner Mahaffie flatly refused to approve RFC loans to several carriers including New York, New Haven & Hartford and Chicago & North Western, Mr. Jones promptly told the disappointed executives that he was going to see the "Chief" about it. The ICC received a call from the White House and two other Commissioners gave the necessary approval. When the railroadmen thanked him, Mr. Jones chuckled: "Well, we don't want you fellows to die now anyway. We've got to help you along until Congress meets...

Author: /time Magazine | Title: Business & Finance: Midwest Partition | 10/29/1934 | See Source »

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