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March 3, 1926

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Headlines from March 3, 1926

MERGER REJECTION SURPRISES CAPITAL; Washington, Expecting Approval, Now Studies Effect on General Policy of Consolidation. RAIL PROGRAM IS CONFUSED Some Senators See a Setback to Bills in Congress -- Others Think It Will Help Speed Action. MERGER REJECTION SURPRISES CAPITAL

By Special to The New York Times

WASHINGTON, March 2. -- On account of its far-reaching importance to the Government policy of consolidating the country's railroads into regional groups, the decision of the Interstate Commerce Commission rejecting the proposal for the merger of the Nickel Plate, Erie, Chesapeake Ohio, Pere Marquette and Hocking Valley systems made a profound impression in Executive and Congressional circles.

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Notable Births

James Merrill

1926James Merrill, American poet and playwright (died 1995)[†]

James Ingram Merrill was an American poet. He was awarded the Pulitzer Prize for poetry in 1977 for Divine Comedies. His poetry falls into two distinct bodies of work: the polished and formalist lyric poetry of his early career, and the epic narrative of occult communication with spirits and angels, titled The Changing Light at Sandover, which dominated his later career. Although most of his published work was poetry, he also wrote essays, fiction, and plays.