Railroads must be self supporting says national authority
The Division of Securities reports that millions in U S railroad bonds and securities are held by individuals and institutions including life insurers savings banks and trust companies. Dr Emory R Johnson warns railroads must be self supporting or face bankruptcy unless owners fund improvements and reserves. Government ownership debates rise as carriers revenues and public interests collide with private investment.
MENTIONED IN THIS ARTICLE
National Authority On Railroad
Trans- Mutual Savings Banks
Philadelphia
Emory R. Johnson
Wharton School of Finance
Wilroad Transportation
Publc Treasury
Mhfe
United States
Aest
Mutual Savings
Comptroller
New England
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut
State Superintendent of Banks of
New York
Mutual
United States Rail Usage Leads in 1913 Per Capita Travel
The Railways Economies chart shows 1913 per capita rail mileage for the United States far outpacing Germany and France. U S total miles per capita reached 681 versus 447 in France and 631 in Germany. Since 1913, U S railroad miles per person rose by 759, a larger increase than in Germany or France.
MENTIONED IN THIS ARTICLE
United
Bny
France
Stree
United States
Germany
Railroads Face Major Deferred Work to Handle Surge in Traffic
Walker D. Hines outlines urgent need for large capital in 1920 to resume rail expansion. He cites war delays in buying equipment and building terminals, urging Congress to authorize substantial investment to improve tracks, shops, and grades to meet growing freight and passenger demand as output per worker and overall traffic rise.
MENTIONED IN THIS ARTICLE
Walker D. Hines
Albert B. Cummins
Senate Interstate Commerce Committee
John J. Esch
House Committee On Interstate and Foreign Commerce
Hines
Congress
Railroad rates case urged by life insurance leaders
The Association of Life Insurance Presidents urges rehabilitation of railroads and a bylaw setting rates adequate for current and future needs to support growing commerce and stabilize railroad credit and securities.
MENTIONED IN THIS ARTICLE
Adetjiate
Inn
Association of Lifeerance
Try
Credit Men Warn Railways Must Be Protected
The executive council of the National Association of Credit Men states in a public note that transferring railways to private control must safeguard them from receivership and ensure uninterrupted service to the public. The statement emphasizes protecting essential transport from financial turmoil.
MENTIONED IN THIS ARTICLE
The
National Association of Credit Men
Return of Railroads Favored by Farmers Groups
Representative farmer organizations across the country back private railroad ownership under government regulation to ensure best service at fair costs. The stance is echoed by agricultural newspapers and major farm groups including the National Grange, American Farm Bureau, and National Farmers' Congress, while state federations in New York and Indiana join in urging Congress to return railways to owners with reasonable returns and rates.
MENTIONED IN THIS ARTICLE
United States Senate
T. C. Atkeson
Washington
National Grange
United States
The
Grange
Atkeson
American Farm Bureau
Chicago
National Farmers’ Congress
Hagerstown
New York State
New York State Federation of County Farm Bureau Organizations
New York
American Farm Bureau Federation
Congress
Farmer Papera
American Agriculturist
Tex
Attorney General
Uncle Sam
Department of Justice
Greater
Freight Leads H. G. L. Expense
Data from Kruttschnitt to Esch shows rail freight costs remain a small share of consumer prices. Over five years values rose while freight per ton gained far less, totaling about 1.3 cents of every dollar increase in 1919. Rail transport remains the world’s cheapest transportation despite rate rises.
MENTIONED IN THIS ARTICLE
John J. Esch
House Committee On Interstate and Foreign Commerce
Juliag: Kruttschaitt
Southern Pacific Company
New York ITV conditions threaten city growth battle
March 31 New York reports a vast industrial conflict as mortgage lenders and builders clash over funding for construction amid wage hikes. Labor resists while capital withholds funds, risking stalled growth across Greater New York and a tense stalemate for years.
MENTIONED IN THIS ARTICLE
Mead
New York
Greater
Wall Street
Lowdon
Hoover
White House
Howe
Beautiful Nurse Princess Leaves Garfield Hospital After Nerve Racking Day
Princess Nadija Vailllevna Troubetzkoy, billed as the world’s most beautiful nurse, visited Garfield Memorial Hospital in New York. Movie men, reporters, and the curious public overwhelmed staff during her attempted nursing stint. She found it too nerve racking, told the superintendent she had a headache, and did not return.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Nadija Vaaillevna Troubetzkoy
Garfield Memorial Hospital
Capt Long Testifies In Sims Fletcher Case
Washington April 1 The loss of the transport Antilles off the French coast in October 1917 is attributed to Rear Admiral Fletcher's disregard of orders. Captain Byron C. Long testifies before the senate investigation committee that the convoy sailed in single file, against Sims' orders for one abreast. Also, Henry Thornton and Griff Hawkes were arrested on Clayton Street and charged with fighting, later released on $10.76 bonds.
MENTIONED IN THIS ARTICLE
Washington
Antilles
Fletcher
Sima
Byron C. Long
Sims‘ Stat
London
Senate
Sims
Long
Henry Thornton
Griff Hawkes
Clayton Street
Ecity Hall
Also Mentioned on This Page
Wharton School
Tih
Division OF Securities
Tnterstate
D. Smith
South Caro
Europe
Ted Agai
al Pruvet
Mel Hines I
Ditos
Eens
Aar
State Farmtre
New England Bankers’ Association
Walker D. Anes
Bailroada
Los Angeles
Boston
Florida
St. Louis
Atlanta
American
ITV
Capt. Long
Sims-Fletcher
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