It would not be just or fair to assert or even to imply that all of the
car delays which we have just seen occurred within the boundaries of New
England. It is just as fair to assume that many of them came to pass in
Montreal, or in Toronto, or West Albany, or East Buffalo, or Altoona, or
Brunswick, as in West Springfield, or Cedar Hill, or Mechanicville. But
when this point has been stated the fact still remains that the New
England roads to-day are and have been for a number of years past fairly
typical--certainly not exceptional--of the condition that prevails in
certain other sections of the land, particularly upon the so-called
"weaker lines." The great trouble is that in New England there are
virtually no strong roads. They are all down in the doldrums. Even the
last series of rate advances by the Interstate Commerce Commission, which
gradually are proving very profitable to many of the already strong
railroads in the southwestern corner of the United States, have failed to
bring relief to the already weakened properties in its northeastern
corner.
In the course of this book I shall refer more than once to the deplorable
New England situation. I have referred just now to the fearful delays to
freight originating there in the last fairly normal period of private
operation, giving full heed to the fact that many if not most of these
delays occurred outside of the actual New England territory, in order to
emphasize the absolute unpreparedness to-day of our national railroad
structure should great freight traffic demands be made upon it once again.
In a merely introductory chapter I cannot expatiate at length upon the
reasons that have led to this bad condition nor attempt to give the
methods by which it may possibly be corrected. I merely am trying to paint
in brief a picture that has all too few high lights. In the course of this
book I shall attempt gradually to fill in some of the details.
All these things, and many others too, are upon the face of our present
railroad situation in this country. When one goes beneath the surface
matters are even worse. If one is a security-holder in rails he does not
have to study Wall Street reports to see the saddening decline in dividend
payments--either average or cumulative. It is he who long ago began to
smell the rat. And the news that in the railroad the employer and the
employee have been slipping further and further apart until a seemingly
unbridgeable gulf has come to exist between them, that the executive
personnel of our railroads of to-day is growing on in years with little
or none to replace it, that no steps whatsoever are being taken to bring
our railroad structure up to the necessities of to-day--to say nothing of
to-morrow--is not news to him.
Public-domain text, read in full here on John Shaqi.
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