RAIL GROUP WILL OPEN RESEARCH BUREAU HERE

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP75-00001R000200570030-1
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 1
• Document Creation Date: November 11, 2016
• Document Release Date: January 22, 1999
• Sequence Number: 30
• Publication Date: December 1, 1957
• Content Type: NSPR

DEC 11951
Glrb'Release 1999/09/08: CIA-RDP75-0
Circ.: m. 310,243
S. 362,897
Front Edit Other
Page Page Page
Rail -Group Wl open
Research Bureau. Here
United States will establi-st a central research bureau here, Thej
.Globe-Democrat learned yesterday
operation Jan. 1. ,
" Its headquarters will be loc3t+
Idertaking of all railroads that op-
erate between the so-called "west-
?rn gateways," which include Chi-
-tago plus points on the Mississippi
River, such as St. Louis, and the
Rocky Mountains.
tablishment of the industry-
wide research off i c e s follows
sharp declines this year in rail-
road 'carloadings This short-term
decline has. been attributed to a which will study railroad traffic!;
general business recession but matters in the entire half of the!
railroads fora number of years United States which is west of
have., been. losing business to the Mississippi River. All are be-,
trucks, pipelines and bqrges. ing sponsored by the Western!
Railroad sources bere said there Traffic Association which Mr. Ma-p
was opposition among soma rail- quire heads. T
the base for the new research of- trace of the research offices
s v'' operate under an advisory!
fice but the St. Louis advoc
t
a
e
won out. cot, fttee made up of the rail-I~
roes in its territory.
PRINCIPAL JOB
he
d
i
a
v
sory committee for t
Thomas Maguire, chairm 9 office here will be made up of
the he
fL; executive committee o .the _ -_ i'.
that the research office's ` ''o `L1JGU, ~nicago & Nortn western
_
I tirid Missouri Pacific Railroads.
to investigate and recomnvp The MoPac representative will be
necessary chan
es a
d
d
u
t
g
n
j
a
s
chairman of the advisory commit-
meets in rates, ra tee.
service as will enateble base rail car-
s Russell L. Dearmont, MoPac
riers to maintain a proper cam- and
president, told a reporter he is
petitive position and to improve
their volume of business and rev- "hopeful the research committee
enues." . will be of great importance to the
The research, o#fjce here will railroads and shippers as well."
be known officililly as the Re- Another railroad official de-
search Committee of ~~ the South- Glared that plans call for.the re-'
west "1PL~Sii ~'"1l11 Line search group to be a, permanent
R oads. body. "It is not a dhe-shot effort,"
aul H. Banner o Was l in-goi
as been namer e an
of . e anc1
itss, chief economist. He will moll!
to St. Louis shortly.
ECONOM OIITSULTANT
Dr. Banner received his B.
Michigan/ PI]Di QoI( I
aann io
with the Office of
M titnistration and the Fed-r
era! Reserve System and also ,did,`
e_ Pntral T "tgence
era!' Senate legislative commit-
tees.
of the research committee are still+
to be selected. In addition, other!
"experts," including a statistician,
and clerical personnel will be,
hired, the official added.
The research office here will
be one of three similar, bureaus!
elease 1999/09/08 : CIA-
CPYRGHT
FOIAb3b
RDP75-00001 R000200570030-1
and University. He has served