Magazine content is available exclusively for TIME subscribers.Business: The Railroad Game
Early Indian summer burned pleasantly upon Baltimore one morning last week. On the fifth floor of the Standard Oil Building windows were open, street noises drifted into the busy executive offices of Western Maryland Railroad Co. In his private office, President Maxwell Cunningham Byers, 52, leaned back and talked with one of his special representatives, W. Taylor Springer. The railroad was running smoothly. He was satisfied. Western Maryland trains were on schedule over their 875 mi. of track. Engineers, brakemen, switchmen, signalmen were on the job....
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