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Let Well Enough Alone On Railroads In The United States
A detailed defense of private railroad ownership argues that European state owned systems are heavily valued but US lines deliver the best and cheapest transport. It notes watered stock claims are rare, cites Deutsche Bank figures on rates and wages, and warns against political railroad takeovers that would raise taxes and harm public services. It emphasizes higher costs of labor and materials, ongoing infrastructure upgrades, and the need for balanced policy to avoid wrecking a vital industry.
MENTIONED IN THIS ARTICLE
United States
Europe
Germany
Austria
Hungary
Italy
Belgium
Switzerland
Japan
New South Wales
Deutsche Bank of Berlin
England
France
German
Interstate Commerce Commission
Lehigh Valley Railroad
Wilson