Download or read book Will the Railroad Act of 1920 Solve the Railroad Problem Classic Reprint written by William Wilson Cook and published by Forgotten Books. This book was released on 2017-01-06 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Will the Railroad Act of 1920 Solve the Railroad Problem? All of this is now changed. A silent revolution has taken place in the minds of men. Competition is recognized as im possible. Accordingly the Railroad Act of 1920 authorizes pooling, and the leasing of one railroad to another,3 and the purchase by one railroad of the stock of another.' It author izes the consolidation of railroad systems and goes farther and directs the Commission to formulate a plan for consolidating all the railroads of the country into a few systems.6 The Act of 1920 authorizes, with the consent of the Commission, the acquisition of one railroad by another, by lease or stock con trol or in any other manner, except by consolidation. Even consolidation is authorized, but competition shall be preserved as fully as possible. That preservation of competition is feeble indeed. Then there is another fundamental departure in the Act of 1920, namely, that the Commission shall make railroad rates high enough to pay at least on the value of the railroads for two years at least. This approaches real public control and the elimination of private control. The government is being swept by the cur rent of events into greater and more absolute control. It is dictating rates, as well as expenses. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book Will the Railroad Act of 1920 Solve the Railroad Problem written by William Wilson Cook and published by . This book was released on 1920 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Railroad Problem written by Academy of Political Science (U.S.) and published by . This book was released on 1922 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Railroad Legislation as Developed Up to Date written by R. S. Lovett and published by Forgotten Books. This book was released on 2018-02-19 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Railroad Legislation as Developed Up to Date: December 10, 1919 It seems useful to take stock at this time of the prog ress made by the present Congress during its first ses sion toward the enactment of legislation necessary to meet the railroad emergency. The controlling necessity for additional railroad legislation is to reestablish rail road credit, which failed even before the War under the system of regulation in force, and to save from bank ruptcy and ruin many, and perhaps most, of the railroads of the country because of the extraordinary increases in wages and in prices of fuel and other materials during federal control. Unless railroad credit is reestablished, it will be impossible for the railroads to reasonably keep pace with the growth of the country or to finance any sub stantial part of their requirements for extensions and betterments, generally estimated at one billion dollars annually. Let us therefore examine what Congress has proposed to date, and determine how far it meets this fundamental necessity, and what the country faces if these proposals are really as far as Congress means to go in solving the railroad problem. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book The Railroad Problem written by Robert Scott Lovett and published by . This book was released on 1919 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Character and Effect of Federal Railroad Regulation as Established by the Transportation Act of 1920 written by Walker Downer Hines and published by Forgotten Books. This book was released on 2018-10-12 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Character and Effect of Federal Railroad Regulation as Established by the Transportation Act of 1920: Address Delivered by Walker D. Hines to the City Club of Toledo, Saturday, March 24, 1923 The railroads have emerged from this exceedingly try ing period with rates very high and unsatisfactory to the public, and yet with the railroads earning less than a fair return, and with a recent record of unsatisfactory service due largely to the extraordinary difficulties incident to the dislocation of the coal industry by the coal strikes and of railroad operation by the shop strike. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book Railway Age written by and published by . This book was released on 1944 with total page 824 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Solving the Railroad Problem written by Samuel Morse Felton and published by . This book was released on 1920 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Possible Solution of the Railroad Problem written by Frederick J. Lisman and published by . This book was released on 1919 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Saving Freight Money by Applying the 1910 Railroad Law written by Elvin S. Ketchum and published by Forgotten Books. This book was released on 2018-02-09 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Saving Freight Money by Applying the 1910 Railroad Law: Containing the Complete Text of the Interstate Commerce Law, the 1910 Railroad Law and the Commerce Court Act The President of Blank Blank Manufacturing Company was seated behind his mahogany roll-tap desk. How is business? Inquired Mr. Jones, as he stepped into the office, Have you secured that South western contract yet? No, replied Mr. Brown, but we are going to get it. Just then the telephone bell rang. Is this Smith, the rate clerk of the Chicago and Southwestern Railroad?' What do you say the rate is on iron pipe? A ton? Write me a letter to that effect and send it over by a messenger at once. Mr. Brown turned to Jones and said, The order is ours. With a rate we can get into that territory and kill every competitor. Mr. Brown pressed a button and in came his secretary, who was directed to send a wire to Mr. Johnson, their salesman, instructing him to take the order on a freight rate. The next morning when Mr. Brown returned to his office he found a telegram reading: The contract is ours. Agreement mailed to-night. Johnson. I knew we would get the order, said Brown to himself as he laid the telegram away in his basket. He then instructed his secre tary to make preparations for starting the shipments from the plant at once. Shipments were made as rapidly as they could get gondola cars. In the course of a few weeks all of the pipe was delivered in accordance with the contract. As Mr. Brown was going over the freight vouchers one. Morning he noticed that on every shipment he had been charged per ton, rather than the rate quoted by the railroad. He conferred with his secretary at once What does this mean? I understood the freight rate quoted us was That is right, replied the secretary. I am sure of it. I will get the correspondence. Yes, here it is over the signature of the General Traffic Manager, per ton. There is no doubt about that.' About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book Rock Island Requiem written by Gregory L. Schneider and published by University Press of Kansas. This book was released on 2020-02-05 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Celebrated in history and song, the Chicago, Rock Island and Pacific Railroad Company—the Rock Island Line—was a powerful Midwestern railroad that once traversed thirteen states with its fast freights and Rocket passenger trains but eventually succumbed to government regulation and a changing economy. Gregory Schneider chronicles the Rock Island’s painful decline and along the way reveals some of the key problems within the American railroad industry during the post–World War II era. Schneider takes readers back to a time when railroads still clung to a storied past to offer new insight into the devastating impact of economic policymaking during the 1960s and 1970s. Schneider recounts the largest railroad liquidation in American history—as well as one of the most successful reorganizations in American business—to depict the demise and ultimate collapse of Rock Island as part of a broader account of hard times in the railroad industry beginning in the 1970s. Schneider weaves a complex story of how business, politics, government bureaucracy, and individual greed helped to limit the economic possibilities of the railroad industry and catapult the Rock Island Railroad into oblivion. Weakened by a troubled economy, the Rock fell victim to inept management and labor union intransigence; but Schneider also reveals how government regulations and price controls prevented innovation, hindered capital acquisition, and favored other forms of transportation that lie beyond the scope of regulation. Railroads were even hurt by taxation of property and real estate while competitors were able to use government-subsidized highways and airports without having to pay taxes to fund them. Now that America has gone on to witness the collapse of such mammoth firms as Enron and Lehman Brothers, not to mention the bankruptcy and bailout of General Motors, the story of the Rock provides an instructive lesson in how a major American enterprise was allowed to fall victim to forces often beyond its control—while the bailout of the Penn Central, at the expense of smaller lines like Rock Island, helped initiate the era of “too big to fail.” For economic historians and railroad buffs alike, Rock Island Requiem is a well-researche
Download or read book Books in Print written by and published by . This book was released on 1977 with total page 1988 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Railroad Consolidation Under the Transportation Act of 1920 written by William Norris Leonard and published by . This book was released on 1968 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Is the Railroad Problem Really Being Solved written by Samuel Orace Dunn and published by . This book was released on 1921 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Proposed Radical Railway Legislation written by H. T. Newcomb and published by Forgotten Books. This book was released on 2018-02-09 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Proposed Radical Railway Legislation: An Address Delivered Before the Faculty and Students of the University of Missouri, October 20, 1905 That there should be favoritism in the charges for rail way service is intolerable; it is, also, as contrary to the law of the land as that there shall be murder or theft. But social order is still interrupted by occasional larcenies and malicious homicides, and there is no evidence that the law against rebates is more frequently violated than those which forbid other offenses. Yet if any one can suggest a modification of the present law that will more effectually protect the public against the direct or indirect preferment of one shipper over another, through rebates or other con cessions from the published schedules of charges, the sug gestion will become, promptly and without opposition from any railway officer, a part of the Federal statute law. Public antipathy to rebates ought not, however, to be used to further the enactment of legislation having no bear ing upon that subject. To confer rate-making power upon the Interstate Commerce Commission could in no way hinder the payment of rebates; it would, on the contrary, make illegal concessions from the published schedules the only means of approximating that elasticity in railway charges which is essential to the upbuilding of industry. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book Railroad Amendments Act of 1978 written by United States Congress Senat Commerce and published by Forgotten Books. This book was released on 2015-07-28 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Railroad Amendments Act of 1978: Hearing Before the Subcommittee on Surface Transportation of the Committee on Commerce, Science, and Transportation, United States Senate, Ninety-Fifth Congress, Second Session on S. 2981 June 15, 1978 The problem of unprofitable and light-density branch lines is not new to this committee. Few transportation issues have generated more continuous activity and concern among railroads, shipper groups, or State and local governments. The railroads complain of heavy losses on light-density lines, and have identified thousands of miles of track as uneconomic and candidates for abandonment. The shi pers and 'states recite the adverse impacts abandonments have on ocal communities, including primary and secondary job losses, higher ship ing costs, and reduced State and local taxes. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book Merging Lines written by Richard Saunders, Jr. and published by Northern Illinois University Press. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why did American railroads decline from the glory days of the early twentieth century? Why did so many railroad mergers in the 1950s and 1960s, intended as a panacea for the ills of an outdated system, go sour and, in fact, make a bad situation worse? Saunders addresses these and many other issues in this authoritative history of US railroads and their corporate mergers. Beginning with a wide-ranging analysis of the role of railroads in the economic and social fabric of American life, Saunders traces the causes and results of the twentieth century's "merger mania." Mergers, he explains, were expected to save money, to improve service to customers, and to help railroads compete against other modes of transportation, such as the growing airline and trucking industries. Saunders then gives colorful, richly detailed accounts of the mergers and shows the reasons--including corporate greed and the inept blundering of government regulatory agencies--the outcomes fell far short of expectations. Merging Lines explores the impact of shifting political control of railroads as no history has done before. The fates of both workers and railroad companies were dictated by the rise and fall of business and governmental leaders, including Bill Brosnan, Robert R. Young, Alfred Perlman, President John F. Kennedy, and President Lyndon B. Johnson. As power struggles erupted, the original goals of the mergers were thwarted by consumer frustration, violent labor strikes, and organizational collapse. Saunders explores these and other crucial developments in this extensive work, carefully designed for railroad historians and enthusiasts at any level. Encyclopedic in its scope, Merging Lines includes sixty-eight maps, a list of court cases involving railroad mergers, and a wealth of information on American railroads from coast to coast. An extensively revised, updated, and supplemented edition of Saunders's earlier classic, The Railroad Mergers and the Coming of Conrail (1978), it is essential reading for all who are interested in railroad and transportation history.