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Railway capital and returns spark national policy debate
A 1922 review shows railways financed heavily since 1907 with 7.6 billion in new cash, yet net earnings barely rose, prompting a call for new capital and stock sales amid concerns over fair returns and regulation. The discussion cites Commission Potter, Transport Act context, and constitutional guarantees, with figures on operating income and investor distributions. Local council. Emmetsburg note.
MENTIONED IN THIS ARTICLE
Intattata Commerce Commission
Potter
Cartlers
Bor
Cummins
Glass I
Eleuge
Cantor Jean
Sila
Bectlon
Omer
Lohaos