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This newspaper page contains 2 articles. Subscribers can read the full text of each article.
Newspaper
Cheyenne Daily Leader
Location
Cheyenne, Wyoming, United States of America
Date
Jan 19, 1908
Page
5
The article argues that national growth outpaces rail capacity and criticizes rate-cutting efforts. It urges government to allow railroad expansion and higher, safer rates to attract investment, noting distribution as the key transportation problem and highlighting investor interest in rail securities.
The piece argues railroads must attract large capital to fund five to ten year expansion, estimating a $1.5 billion yearly need and urging improved profits to lure investors. It criticizes inefficient workers and anti railroad sentiment, calling for reforms to boost earnings and attract financing for nationwide railroad modernization.
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