Railroad Situation Is Explained By I A Churchill To Rotarians
Irvin A Churchill spoke at the Rotary Club on the railroad crisis. He cited the Interstate Commerce Commission report placing national rail property at about 23 billion dollars and total indebtedness near 38 billion. He warned wages cuts are temporary and railroads may abandon thousands of miles of track while other transport competes and taxes rise. H B Molstrum elected as a new member.