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MODIFICATION OF RAILROAD FINANCIAL

STRUCTURES

4.S. Congress, Senate

HEARINGS

BEFORE

SUBCOMMITTEE OF THE COMMITTEE ON
INTERSTATE AND FOREIGN COMMERCE

UNITED STATES SENATE

EIGHTIETH CONGRESS

FIRST SESSION

ON

S. 249

A BILL TO AMEND THE INTERSTATE COMMERCE ACT,
AS AMENDED, AND FOR OTHER PURPOSES

62410

MAY 21, 23, 27, 28, 29, JUNE 4, 5, AND 6, 1947

Printed for the use of the

Committee on Interstate and Foreign Commerce

UNITED STATES
GOVERNMENT PRINTING OFFICE

WASHINGTON: 1947

.463
1947

сарја

COMMITTEE ON INTERSTATE AND FOREIGN COMMERCE

WALLACE H. WHITE, JR., Maine, Chairman

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Statement of-
Bourne, Edward W., Alexander & Green, for protective committee
of the Chicago, Rock Island & Pacific bonds, 120 Broadway, New
York, N. Y.

Bushby, Wilkie, Root, Clark, Buckner & Ballantine, representing a
group of insurance companies holding Chicago, Rock Island &
Pacific bonds, New York, N. Y.
Callaway, M. P., trustee, Central of Georgia Railway Co., Savannah,
Ga..

Carmichael, George T., vice president, New York, New Haven &
Hartford Railroad Co., New Haven, Conn...

Cocke, W. C., trustee, Seaboard Air Line Railway Co., Norfolk, Va..

Colnon, Aaron, trustee, Chicago, Rock Island & Pacific Railway Co.,

debtor, Chicago, Ill.

Cunningham, Thomas M., counsel for M. P. Callaway, trustee of
Central of Georgia Railway Co., Savannah, Ga...
Davis, C. McD., president, Atlantic Coast Line Railroad Co., Wil-
mington, N. C.

Page

384

286

211

238

225

323

463

Gerdes, John, Gerdes & Montgomery, representing Chicago, Rock
Island & Pacific Railway Co., New York, N. Y.

Hagerty, Harry, Metropolitan Life Insurance Co., New York, N. Y
Hand, Frank B. Jr., attorney at law, Transportation Building, Wash-
ington, D. C., representing Alabama, Georgia & Florida Railway---
Harrison, Carter H., Jr., chairman, protective committee, Chicago
Rock Island & Pacific preferred stock, Chicago, Ill..........
Henwood, Berryman, trustee, St. Louis Southwestern Railway, St.
Louis, Mo..

Jansen, Arthur, Barrons Magazine, New York, N. Y.
La Roe, Wilbur, attorney at law, Investment Building, Washington,
D. C., representing Susquehanna & Western Railroad..

Loomis, James Lee, chairman, board of directors, Connecticut Mutual

Life Insurance Co., Hartford, and trustee, New York, New Haven,

& Hartford Railroad Co., New Haven, Conn....

Mecartney, Malcolm, associate counsel, preferred stock committee,
Chicago, Rock Island & Pacific Railway Co.----

Miller, Paul, counsel, St. Louis Southwestern Railway, New York,

N. Y

361

271

97

482

276

264

116, 351, 508

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