https://books.google.com/books?id=NXVCAQAAIAAJ&pg=PR1&dq=ninety+third+quarto+volume&hl=en&sa=X&ved=0ahUKEwimn_TalP7QAhVBKyYKHe-1BgkQ6AEIHTAA#v=onepage&q=ninety%20third%20quarto%20volume&f=true
https://books.google.com/books?id=NXVCAQAAIAAJ&pg=PA150&dq=%22ICC+modifies+both+its+own+consolidation+plan+%22&hl=en&sa=X&ved=0ahUKEwinovnXpv7QAhWIMyYKHSPvD6gQ6AEIKzAA#v=onepage&q=%22ICC%20modifies%20both%20its%20own%20consolidation%20plan%20%22&f=true
https://books.google.com/books?id=NXVCAQAAIAAJ&pg=PA296&dq=%22long+anticipated+entry+of+the+Railway+Express+%22&hl=en&sa=X&ved=0ahUKEwiitLz7pf7QAhXJLSYKHajtA0kQ6AEIHTAA#v=onepage&q=%22long%20anticipated%20entry%20of%20the%20Railway%20Express%20%22&f=true
wanswheel
More generally, I'm not sure if I would recommend that greyhounds see this thread or not . . . I know he'd love the subject and history (thanks for sharing !!), but I'm concerned about the effect on him of the blatant anti-competitive actins by the ICC and others as reported here. It was just as he's been saying all along . . .
- Paul North.
Paul_D_North_Jr wanswheel Is the rest of this particular post (above) being blank an intended commentary, or is it that way for some other reason ?
Is the rest of this particular post (above) being blank an intended commentary, or is it that way for some other reason ?
That’s the short post to reply to, in the event anyone would. In dial-up days, long posts were torture.
https://books.google.com/books?id=NXVCAQAAIAAJ&pg=PA137&dq=%22should+railways+pay+for+brains%22&hl=en&sa=X&ved=0ahUKEwj7ytC7moHRAhWDKyYKHSlWDdQQ6AEIHTAA#v=onepage&q=%22should%20railways%20pay%20for%20brains%22&f=true
At the most critical juncture in the entire history of the railways of the United States, Senator Couzens of Michigan, chairman of the Senate committee on Interstate Commerce, asked Commissioner Eastman of the Interstate Commerce Commission, an advocate of government ownership, for a list of all railway salaries of $10,000 a year or more being paid in December 1929, and in the early part of 1932, and Senator Couzens had them published in a government document. Why was this done at the particular time at which it was done?
The railways were in a desperate plight financially, and the commission was being severely criticized for having helped to reduce them to this plight. There was being made a universal and powerful demand for reductions of government expenditures, including government salaries and wages. Had these facts any influence on the action taken? At any rate, figures regarding the highest salaries have been broadcasted through the press and otherwise and have created upon many minds the impression that the railways have been and are paying excessive salaries and that these are largely responsible for their present troubles.
Paul_D_North_Jr wanswheel Is the rest of this particular post (above) being blank an intended commentary, or is it that way for some other reason ? More generally, I'm not sure if I would recommend that greyhounds see this thread or not . . . I know he'd love the subject and history (thanks for sharing !!), but I'm concerned about the effect on him of the blatant anti-competitive actins by the ICC and others as reported here. It was just as he's been saying all along . . . - Paul North.
I was also thinking about greyhounds when I read the articles and how he posted about this a number of times.
Back in the 1960's - 70's John Kneiling pointed out that the salaries of railroad officials were below those of other executives in similar positions. He opined that was one reason the rails lacked the quality of management talent he felt they needed to get of their dire straits then.
Paul_D_North_Jr More generally, I'm not sure if I would recommend that greyhounds see this thread or not . . . I know he'd love the subject and history (thanks for sharing !!), but I'm concerned about the effect on him of the blatant anti-competitive actins by the ICC and others as reported here. It was just as he's been saying all along . . . - Paul North.
Did you ever doubt me?
I could go on and on about this. What the government did was sickening. It did far more than just hurt the railroads, it badly hurt the American people. I'll include this:
"A central theme of this book is that railroads, throughout their history, were so important to the US economy that politicians could not leave them alone, and when governments did intervene in transportation markets, they usually made a mess of things. Government regulation distorted consumer choices, found awkward and costly ways of subsidizing competing modes of transportation, taxed or regulated away profits needed for reinvestment and capacity expansion, and— while generally contributing to greater safety— typically fell far short of stimulating optimal safety performance for all transport modes."
Gallamore, Robert E.. American Railroads (Kindle Locations 470-474). Harvard University Press. Kindle Edition.
And I'll add this example of what our idiot government basically ordered out of business:
http://pennsyrr.com/kc/freightops/downloads/container_service.pdf
The dead hand of government then greatly restricted/prevented rail intermodal development for 50 years.
Our community is FREE to join. To participate you must either login or register for an account.