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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Dec 26, 1930
Page
26
A historic discussion notes strong public pressure and political stake in railroad mergers. D A Downs, president of a major system, warns that despite few concrete gains, opinion and reformist forces may hasten fundamental changes in the nation’s rail network.
A column reports on bogus employment agencies in Washington DC flourishing despite Congressional inaction. It criticizes lax laws, notes loose enforcement, and warns that railroads and broader commerce suffer during economic downturns, signaling future business weakness as 1931 approaches.
War Papert reports a divided view among residents of northern Idaho towns on whether a meteor struck near Christmas Creek around 645 pm Wednesday. University of Idaho experts note possible earth impact southeast of Maggow, while evidence remains inconclusive.
The railroads report ongoing efficiency and improved properties while earnings lag. They faced years of low revenue but maintained service, cut costs, and pushed for policy changes to defend public interests. Executives urge rapid improvements to earnings and a quicker economic recovery.
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