Business & Finance: Central Centenary

Two special trains tugged out of Manhattan one day last week. They carried Chairman Chauncey M. Depew* and President Patrick E. Crowley of the New York Central, besides many another railroad official and their guests. With them were President Emeritus Arthur T. Hadley of Yale, Bishop William T. Manning and U.S. Senator Royal S. Copeland. All were bound for Albany and Schenectady.

The occasion was the centennial celebration of the New York Central. In 1826 the New York legislature chartered the Mohawk and Hudson Railroad† to operate between the two upstate cities. In 1831 service began with the first run of the DeWitt Clinton, the tiny locomotive usually exhibited in the Grand Central Terminal. This day last week it was permitted to labor over its old run to solemnize the celebration. In .further rite a bronze tablet was unveiled in both the original terminal cities. The same evening the railway dignitaries and their guests were back in Manhattan dining.