OCR Text |
Show A Forward-Looking1 Policy In a recent address, a prominent railroad executive outlined a constructive con-structive policy for his. industry to meet present and future problems. The important elements are: Equalization of railroad and motor mo-tor transport through identical governmental control; elimination of railroad facilities that are not justified by available traffic; coordination co-ordination of motor transport wi'h railroad facilit.es; railroad consolidation consoli-dation on a bioad scale; financial reorganization of over-capitalb.ed lines; further teduHions in rail-read rail-read operating ci.'ts. This is a fruwiud-looking policy that the government and rail managements as a wurie would do well to consider. In ustice to the public, as well as tho railroads, all forms of interstate transportation transporta-tion should be viewed the same by the Federal government, and subjected sub-jected to the same treatment. The suggestions for railroad consolidation consolida-tion and reorganization are simply good business. We cannot afford to let the railroads go bankrupt. It is up to government to do whatever lawmaking law-making is necessary to give them j a fair break in the transportation ! field and then it's up to the i railroads to work out their own ! salvation. |