Show 0 WORKING ON THE RAILROADS it is fortunate that consideration of the railroad problem was so long delayed by the last congress that proposed had to be deferred until nex next t session few single acts could have bec n more generally beneficial to the country than a completed plan for equitably equitable regulating transportation to the end that no carrier be penalized and none favored however the last congress did make a start and a good one bills were introduced in each branch which generally speaking cover the major phases of the transportation problem as it exists today these bills have been given the overwhelming endorsement of the senators and representatives they are now in committee and it is believed that minor differences existing between them will be easily ironed out so that the next congress can take action immediately on convening that the pending transportation legislation is worthy in motive can hardly be denied by anyone without an axe to grind on behalf of some special interest the principal plan is to bring order out of our current chaos in regulation for many years we have regulated the railroads in every particular while their competitors have gone unregulated or half regulated certain forms of transport notably the waterways have been given gigantic tax subsidies the railroads have been the poor relation despite the fact that rail transport trans is the very backbone of the nations commerce and the inevitable result has been to bring this vast essential industry uncomfortably close to economic ruin there is hardly a person in this great land of ours who wont benefit in some manner from a sound and workable transport transportation ati on policy the worker the investor the industrialist the farmer the storekeeper all depend directly or indirectly upon the railroad industry for part of their livelihood no industry does more to create wealth opportunity and trade As many an economist has truly observed there cart can be no real general prosperity in this country so long as the railroads are in the financial doldrums |