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Rail capacity warned as block on growth looms
Samuel O Dunn editor of Railway Age urged Rotary Club to boost U S rail freight capacity. He warned insufficient cars and track hinder raw materials and finished goods, risking a new industrial and financial convulsion unless Congress acts to rapidly expand railroad facilities. He cited 1873 panic and urged a $2 billion yearly investment for three years, equating rail spending to auto industry bold spending.
MENTIONED IN THIS ARTICLE
Ittsburgh
Rotary Club
Samuel O. Dunn
Railway Age
United States
Congress
Myr Inn
Exchange
Mber
Therthwest
Nusas
St Sams
Princiar
Dunn