Transport: Freight Cars

Because two-thirds of the country's rail mileage is being operated at a loss, Federal Transportation Coordinator Joseph Bartlett Eastman few months ago recommended a plan which, he claimed, would save the roads $100,000,000 annually. Key of the plan was that all rail merchandise services be pooled into two competing agencies of comparable traffic and financial strength, to be owned by two big groups of railroads. Mr. Eastman's plan left the railroads cold. Even less enthusiasm greeted suggestions for pooling of U. S. freight cars. To this the industry objected hotly with cries...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!