RAILROADS: Highballing the G. M. & O.
(2 of 2)
At the start Tigrett had only a layman's knowledge of railroading, but two operating principles: 1) that most railroad problems were financial, 2) that the public were his customers. He spent his roads' income to repair tracks and equipment, got his trains running on time, and in 1935 placed in service the first streamline passenger trains to operate in the South.
If Tigrett gets the Alton he will have a mainline from St. Louis into Chicago, and an important connection into Kansas City. He will then be able to compete with the powerful Illinois Central Railroad Co.
for the rich traffic up & down the Missis sippi Valley.
But even if Tigrett should fail to gain control of the Alton, his friends would still have an unshaken belief in the G.M.
& 0. One reason: G.M. & 0. owns 23,000 acres of potentially rich oil land adjoining the fabulous Heidelburg fields uncovered in Mississippi last year.
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