Ever since their monopoly vanished and their earnings began to fall, U. S. railroad men have squawked about Government subsidies to their competitors, especially inland waterways and trucks.
Said the Association of American Railroads, more than once: "All we ask is an equal chance." In 1933 Congress appointed a Federal Coordinator of Transportation to study, among other things, subsidies.
Nearest thing to an ideal man for this thankless job was quiet, learned, earnest, long-laboring Coordinator (now ICC chairman) Joseph B. Eastman, whose honesty is honored by railroad men, railroad-baiters and shippers alike. Last week, after seven years' study, the Coordinator's subsidy...
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