Business & Finance: Baggage Plan

Before the War, people with hurried, valuable or perishable parcels to ship addressed themselves directly to the American Express Co., the Adams Express Co., or Wells, Fargo & Co. During the War, the Government monopolized railroading and expressing. In 1918 a single new company, the American Railway Express Company, inherited from the Government a monopoly of the express-carrying business of the U. S. The three oldtime companies have valuable stock interests in this temporary express trust, which enormously increases the market value of their own shares. The holdings of Adams Express in American...