Business & Finance: Steel Trains

One hundred fifty two train passengers were killed in 1926 (latest available figures). In 1906, when the travelling public was much smaller, 359 were killed. Steel coaches, which in large part have replaced wooden coaches on the major railroads, largely explain the difference.* In 1906 a train wreck meant a holocaust— passengers mangled in cars telescoped and burning. In 1926 a wreck meant simply a bad accident. Steel may twist in a crash. It does not splinter nor burn. Pioneer in equipping passenger trains with all-steel cars...

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