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Cummins Urges Rail Consolidation to Save Federal Control
Sen. Albert B. Cummins told the Sioux City Traffic Club that U S railroads must consolidate into a few systems under government supervision to meet growing commerce while avoiding government ownership. He outlined five objections to public ownership and warned that without consolidation government control would lead to a single system and disaster for the people. He argued that private ownership can endure only if consolidation keeps railways in efficient operation and ensures fair returns.
MENTIONED IN THIS ARTICLE
Associated Press
Sioux City
Albert B. Cummins
United States
Cummins
Congress
Interstate Commerce Commission
Cumming