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 — John Shaqi
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)
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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
When traffic is blocked and the railroad yards of the principal cities
are filled with cars that cannot be moved, the railroad suffers the loss
of a portion of its earnings; but the business man loses a larger share
of his trade, and the workingman his employment. No industry can do more
than protract a starved existence when the currents of transportation
cease moving freely. When the commerce of an industrial empire whose
magnitude is partly indicated by the clearing house exchanges of
$102,000,000,000 in New York City alone during the past year is blocked,
the whole nation suffers.
Whenever we have a big crop or a general revival of business, the
country hears most of the danger of a car shortage. The public assumes
that if enough cars are provided they can be moved on schedule time from
point of origin to destination, wherever these may be. This is not the
real trouble. What is really needed is the greater movement of cars. The
average movement of a freight car is about 24 miles, or two hours, per
day. Delays in loading and unloading by shippers are partly responsible,
but much of the lost time is consumed in getting into, out of or through
terminal points where there is not room to handle the cars. More cars
intensify instead of reducing the trouble. No other business could
endure the loss of the use of its machine plant for twenty-two hours out
of the twenty-four. One thousand cars will cover nearly eight miles of
track. Each car must be switched, loaded or unloaded, or all three. This
multiplies the trackage requirement.
Public-domain text, read in full here on John Shaqi.
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