Problems of Government Ownership and Operation of Railroads

FOUR years of business depression have made trouble for the railroads as they have for all other industries and enterprises. The railroads are confronted not only with adverse business conditions but also with greatly augmented and intensified competition with other agencies and facilities of transportation, particularly those providing carriage on the highways. The public, however, cannot afford to adopt or to continue a policy towards the railroads that will prevent them from returning to a prosperous condition. They are a public utility, perhaps the most essential of all public utilities, and their ability to render efficient and economical service and to be finan

Business · Government (linguistics · Transport and Economic Policies