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The clause in the Transportation Act, calling on the Interstate Commerce Commission to consider the question of the consolidation of the railroads of the United States into not more than twenty systems, arranged so as to furnish competition between systems, and so as to allow each of the various systems, as a whole, to earn at fair rates a fair return on the value of the property, was the result, apparently, of the effort on the part of the Railroad Administration to hold the railroads in the hands of the Federal Government after the close of the World War.
The clause in the Transportation Act, calling on the Interstate Commerce Commission to consider the question of the consolidation of the railroads of the United States into not more than twenty systems, arranged so as to furnish competition between systems, and so as to allow each of the various systems, as a whole, to earn at fair rates a fair return on the value of the property, was the result, apparently, of the effort on the part of the Railroad Administration to hold the railroads in the hands of the Federal Government after the close of the World War.
Consolidation of Railroads
Morse, Charles A. (author)
Transactions of the American Society of Civil Engineers ; 87 ; 716-723
2021-01-01
81924-01-01 pages
Article (Journal)
Electronic Resource
Unknown
| ASCE | 2021
| Engineering Index Backfile | 1895
| Engineering Index Backfile | 1890
| Engineering Index Backfile | 1888
Engineering Index Backfile | 1877