Edit post

Edit your reply below.

Post Body
Enter your post below.
[quote]QUOTE: Originally posted by MichaelSol Maintenance $ available per mainline mile of track MILW------- Great Northern 1950 9,580--7,963 1951 11,050-- 9,048 1952 12,411-- 9,763 1953 13,031-- 10,351 1954 11,614-- 10,092 1955 13,509--10,448 1956 13,007--10,936 1957 12,175--11,092 1958 11,408--8,228 1959 11,069-- 8,560 1960 9,770--8,364 1961 8,600--7,633 1962 9,019--7,973 1963 8,455--7,889 1964 8,641--8,249 1965 9,135--7,543 1966 10,922--7,928 1967 9,575-- 8,300 1968 11,656-- 8,266 1969 13,451 You can see that even as ROI continued to decline into the 1960s, it would have been worse had maintenance expenditures continued at the rate they were at during the 1950s. [/quote] Well, the Milwaukee's rate of return was NOT following the national average. In 1946 it was 2%. In 1960, it was 2%. Over the period of dieselization, it did NOT change. So there was no correlation between dieselization and falling return on property investment for the Milwaukee Road. Mr. Sol, your theory is too problematic for me. A little knowledge is a dangerous thing, Mr. Sol.
Tags (Optional)
Tags are keywords that get attached to your post. They are used to categorize your submission and make it easier to search for. To add tags to your post type a tag into the box below and click the "Add Tag" button.
Add Tag