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Advantages of railroad consolidation
Management phases of railroad consolidation
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able rates adequate and efficient administrative Anti-Trust laws capital charges charters cial Committee competition in service competitive systems Compulsory consolidation consolidated properties consolidated systems consolidation of railroads consolidation provisions district economies enacted established existing railroad companies existing rate finan financial strength financially weak road fixed charges full opportunity Government harmony hearings Improved car service improved rate regulation Interstate Commerce Commission Kansas City large consolidated lease legal obstacles legislation limited number maintaining mergers number of systems obtain Oldham operating revenues owners ownership Pennsylvania Railroad portation practicable present President principles of rate problems proposed consolidation railroad operation rate adjustments rates and fares readjustment relations require responsibility sections securities service at reason service is rendered Simplified and improved solidated stable railroad systems strong and stable strong roads supervising tems tentative plan territory tion traffic Transportation Act trust laws UNIVERSITY OF CALIFORNIA values voluntary action weak lines