Project this to the entire main line of that railroad, 999 miles from New
York to Chicago; remember that we have been considering but one 140-mile
division of that main line, and savings begin to multiply. If the
proportion of savings could be maintained the Erie would have been
$630,000 ahead on its main line alone; if it could be carried to its
branch lines too, the figure would run into a million dollars or more a
year. Yet the Erie is less than a hundredth part of the route mileage of
the railroads of the United States, of which a comparatively small part is
yet equipped with automatic block-signals. To say that our carriers might
save a hundred million dollars a year by the use of modern and scientific
signaling alone would probably be a conservative guess. A million dollars
a day, Mr. Justice Brandeis! It begins to look as if you had understated,
not overstated the savings to be accomplished by our national transport.
* * * * *
We have by no means reached our limits in operating economies. That our
practical railroaders, under the fearful spur of a terrific demand for
great retrenchments, have done much is not to be denied. In some things,
notably the creation of the big car, the big locomotive, and the big
train, they not only have accomplished marvels but to-day they have
probably approached the extreme limits of efficiency, if indeed they have
not already actually passed them. Recently they have increased the loading
of the average freight-car and have speeded up its movement. On March 1,
1920, when the private operators took their roads back from the
Government, they announced that they were going to try to make a
"thirty-thirty" record--an average daily mileage of thirty miles (instead
of the 22.3 which the United States Railroad Administration was then
accomplishing) and an average loading of thirty tons (instead of the 28.3
tons which the Railroad Administration by almost superhuman efforts,
including appeals to the patriotism of the shippers, had finally succeeded
in reaching). Despite most unpropitious circumstances the railroad
executives had virtually reached the mark that they had fixed for
themselves when the industrial slump set in upon the land. And in a total
movement of a million car-loads of freight a week (a fair standard for
good business across the land) savings such as these are the equivalent
of many new cars, particularly so at the times when our railroads find
themselves short of freight rolling-stock. In an earlier chapter I showed
how rapidly our total freight-car equipment has declined--in three years
more than 125,000 cars. Yet the saving of but a mile a day in the
operation of each car of our existing equipment is equivalent to the
addition of 100,000 cars to it.
Public-domain text, read in full here on John Shaqi.
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