Fire in the Sky
From Max Lowenthal's Personal notes of the ICC hearings, July 6-7 1927. Walter Colpitts is the senior author of the Coverdale and Colpitts study. [1] "It will be disastrous to the Lines East if the Puget Sound were separated. [There are] possible connections for the Puget Sound [to receive and deliver traffic] ... [but there are] no likely connections for the Lines East." [Vol 2, page 292, Colpitts testimony, Lowenthal notes]. Milwaukee Road's chief financial officer, W.W.K. Sparrow, had independently analyzed the question. "Any breakup in the St. Paul system would be very bad for both east and west" [although] "there are several lines with which the Puget Sound Lines could make connections ..." and do good business. Well before the benefits of Burlington Northern merger concessions added to Milwaukee's ability to 'receive and deliver traffic,' the idea of splitting off a Midwestern 'core' railroad was considered...