Business & Finance: War Crisis

U.S. trolley and bus-line operators are riding smack into the worst crisis in their history: a crush of new passengers, a crying need for new equipment, an acute labor shortage.

Such was the gist of a three-day powwow held last week by the 61-year-old American Transit Association. In Chicago's famed Palmer House, some 800 transit men heard enough criticism, ominous prediction and plain bad news to make most of them sorry they ever made the trip.

Worst news was that business was terrific, would soon be super-terrific. A.T.A's. figure-minded, mustachioed General Manager Charles Gordon...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

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