The Country's Need of Greater Railway Facilities and Terminals: Address Delivered at the Annual Dinner of the Railway Business Association, New York City, December 19, 1912Hill, James J. (James Jerome)
History
The Country's Need of Greater Railway Facilities and Terminals: Address Delivered at the Annual Dinner of the Railway Business Association, New York City, December 19, 1912
Hill, James J. (James Jerome)
Railroad stations -- United States; Railroads -- United States -- Finance
It is not a political but an economic question that the country has to
consider and solve. The adjustment of tariff taxation, the regulation
of railroads and all other similar matters over which the legislative
power has control and which are essentially economic and non-political
are held deliberately within the range of current controversy for the
advantage of party politics. So long as they can be kept from a fair and
permanent settlement on the basis of economic justice, they will furnish
rallying cries for the unthinking of one political party or the other.
The country cannot rise to the level of its duty or its opportunity
until the scientific knowledge of the expert and the action of the just
judge are applied to the settlement of such economic issues.
The American people must soon begin to realize how injuriously they are
themselves affected by a game that has been played for so many years
with their business prosperity and their future welfare. Meantime the
practical questions that I have presented and that grow straight from
the root of the present situation remain. The wisdom, the desire for
justice, the intelligent self-interest of the whole country should be
concentrated upon the answer, which is not really difficult to find. The
people must first realize that regulation must not be strangulation.
Every restriction compatible with the public interest may be applied
without impairing the position of the railways, or their ability to
continue serving the public; because their interests at bottom are one.
It is high time that a rational perception of this identity should put
an end to hostile discrimination against the railroad, and a policy be
shaped which will permit the railways of the country to lay a broad
foundation for transacting the future business of the country, by
providing the machinery without which that business cannot be done.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account