Midpac had persisted in running short semiweekly or even biweekly trains through places like Alvin and Pisgah Creek, New Chartres and West Centerville.
Unfortunately, this program had attracted predators. In the early 1980s, as Alfred neared retirement, the Midpac was known as a regional carrier that despite outstanding management and lush profit margins on its long-haul lines had very ordinary earnings. The Midpac had already repulsed one unwelcome suitor when it came under the acquisitive gaze of Hillard and Chauncy Wroth, fraternal twin brothers from Oak Ridge, Tennessee, who had expanded a family meat-packing business into an empire of the dollar. Their company, the Orfic Group, included a chain of hotels, a bank in Atlanta, an oil company, and the Arkansas Southern Railroad. The Wroths had lopsided faces and dirty hair and no discernible desires or interests apart from making money; Oak Ridge Raiders , the financial press called them. At an early exploratory meeting that Alfred attended, Chauncy Wroth persisted in addressing the Midpac’s CEO as “Dad”: I’m well aware it don’t seem like “fair play” to you, DAD … Well, DAD, why don’t you and your lawyers go ahead and have that little chat right now … Gosh, and here Hillard and myself was under the impression, DAD, that you’re operating a business, not a charity … This kind of anti-paternalism played well with the railroad’s unionized workforce, which after months of arduous negotiations voted to offer the Wroths a package of wage and work-rule concessions worth almost $200 million; with these prospective savings in hand, plus twenty-seven percent of the railroad’s stock, plus limitless junk financing, the Wroths made an irresistible tender offer and bought the railroad outright. A former Tennessee highway commissioner, Fenton Creel, was hired to merge the railroad with the Arkansas Southern. Creel shut down the Midpac’s headquarters in St. Jude, fired or retired a third of its employees, and moved the rest to Little Rock.
Alfred retired two months before his sixty-fifth birthday. He was at home watching Good Morning America in his new blue chair when Mark Jamborets, the Midpac’s retired corporation counsel, called with the news that a sheriff in New Chartres (pronounced “Charters”), Kansas, had had himself arrested for shooting an employee of Orfic Midland. “The sheriff’s name is Bryce Halstrom,” Jamborets told Alfred. “He got a call that some roughnecks were trashing Midpac signal wires. He went over to the siding and saw three fellows ripping down the wire, smashing signal boxes, coiling up anything copper. One of them took a county bullet in his hip before the others made Halstrom understand they were working for the Midpac. Hired for copper salvage at sixty cents a pound.”
“But that’s a good new system,” Alfred said. “It’s not three years since we upgraded the whole New Chartres spur.”
“The Wroths are scrapping everything but the trunk lines,” Jamborets said. “They’re junking the Glendora cutoff! You think the Atchison, Topeka wouldn’t make a bid on that?”
“Well,” Alfred said.
“It’s a Baptist morality gone sour,” said Jamborets. “The Wroths can’t abide that we admitted any principle but the ruthless pursuit of profit. I’m telling you: they hate what they can’t comprehend. And now they’re sowing salt in the fields. Close down headquarters in St. Jude? When we’re twice the size of Arkansas Southern? They’re punishing St. Jude for being the home of the Midland Pacific. And Creel’s punishing the towns like New Chartres for being Midpac towns. He’s sowing salt in the fields of the financially unrighteous.”
“Well,” Alfred said again, his eyes drawn to his new blue chair and its delicious potential as a sleep site. “Not my concern anymore.”
But he’d worked for thirty years to make the Midland Pacific a strong system, and Jamborets continued to call him and send
Unfortunately, this program had attracted predators. In the early 1980s, as Alfred neared retirement, the Midpac was known as a regional carrier that despite outstanding management and lush profit margins on its long-haul lines had very ordinary earnings. The Midpac had already repulsed one unwelcome suitor when it came under the acquisitive gaze of Hillard and Chauncy Wroth, fraternal twin brothers from Oak Ridge, Tennessee, who had expanded a family meat-packing business into an empire of the dollar. Their company, the Orfic Group, included a chain of hotels, a bank in Atlanta, an oil company, and the Arkansas Southern Railroad. The Wroths had lopsided faces and dirty hair and no discernible desires or interests apart from making money; Oak Ridge Raiders , the financial press called them. At an early exploratory meeting that Alfred attended, Chauncy Wroth persisted in addressing the Midpac’s CEO as “Dad”: I’m well aware it don’t seem like “fair play” to you, DAD … Well, DAD, why don’t you and your lawyers go ahead and have that little chat right now … Gosh, and here Hillard and myself was under the impression, DAD, that you’re operating a business, not a charity … This kind of anti-paternalism played well with the railroad’s unionized workforce, which after months of arduous negotiations voted to offer the Wroths a package of wage and work-rule concessions worth almost $200 million; with these prospective savings in hand, plus twenty-seven percent of the railroad’s stock, plus limitless junk financing, the Wroths made an irresistible tender offer and bought the railroad outright. A former Tennessee highway commissioner, Fenton Creel, was hired to merge the railroad with the Arkansas Southern. Creel shut down the Midpac’s headquarters in St. Jude, fired or retired a third of its employees, and moved the rest to Little Rock.
Alfred retired two months before his sixty-fifth birthday. He was at home watching Good Morning America in his new blue chair when Mark Jamborets, the Midpac’s retired corporation counsel, called with the news that a sheriff in New Chartres (pronounced “Charters”), Kansas, had had himself arrested for shooting an employee of Orfic Midland. “The sheriff’s name is Bryce Halstrom,” Jamborets told Alfred. “He got a call that some roughnecks were trashing Midpac signal wires. He went over to the siding and saw three fellows ripping down the wire, smashing signal boxes, coiling up anything copper. One of them took a county bullet in his hip before the others made Halstrom understand they were working for the Midpac. Hired for copper salvage at sixty cents a pound.”
“But that’s a good new system,” Alfred said. “It’s not three years since we upgraded the whole New Chartres spur.”
“The Wroths are scrapping everything but the trunk lines,” Jamborets said. “They’re junking the Glendora cutoff! You think the Atchison, Topeka wouldn’t make a bid on that?”
“Well,” Alfred said.
“It’s a Baptist morality gone sour,” said Jamborets. “The Wroths can’t abide that we admitted any principle but the ruthless pursuit of profit. I’m telling you: they hate what they can’t comprehend. And now they’re sowing salt in the fields. Close down headquarters in St. Jude? When we’re twice the size of Arkansas Southern? They’re punishing St. Jude for being the home of the Midland Pacific. And Creel’s punishing the towns like New Chartres for being Midpac towns. He’s sowing salt in the fields of the financially unrighteous.”
“Well,” Alfred said again, his eyes drawn to his new blue chair and its delicious potential as a sleep site. “Not my concern anymore.”
But he’d worked for thirty years to make the Midland Pacific a strong system, and Jamborets continued to call him and send
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