My grandfather worked for the Missouri Pacific and whenever a town/city that Missouri Pacific is promient in would have a parade or celebration the railroad would supply a miniature Baby Eagle train complete with diesel engine, cars, observation car etc. to run in the parade. The train was made by the Missouri Pacific when there was true pride, not just money involved in the railroad. This picture was snapped by your truly when I was about 6-7 years old in Desoto, MO. where the huge car shops were located with a Brownie camera. The occasion was for the centennial parade. 1950-51. I don't see the engine in my mementos.
That is a fascinating car, Nile, and you're right that a lot of railroads (or other businesses) wouldn't even dream of devoting company materials and time to make a traveling parade float. Thanks for posting the picture!
Since this isn't really related to passenger rail except tangentially, I will move this to the Union Pacific forum, and consult with my fellow moderators on where this thread should end up.