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Academy of Political acquire Anti-Trust Act anti-trust laws authorized Baltimore and Ohio bill capital cent Chesapeake and Ohio Chicago Class 1 railroads Class 1 roads Columbia University common control complete Congress corporation cost Death Valley Railroad DISADVANTAGES OF CONSOLIDATION District earnings eastern territory economies effective efficient facilities fact fair return federal freight government ownership industry Interstate Commerce Act Interstate Commerce Commission Lake Erie large systems lease legislation limited number mergers mileage miles of line miles of track National number of systems paragraph PARKER THOMAS MOON Pennsylvania Railroad plan of consolidation Political Science portation present president problem prohibited property investment proposed provisions public interest railroad company railroad consolidation railroad unification railway rates regulation result revenue Richard Waterman securities shippers and farmers Short Line Railroad Southern Pacific Company substantial Supreme Court tion traffic Transportation Act trunk lines United valuation weak lines weak roads Western York Central