Abstract

Editorial Paragraphs

The article focuses on an extensive program, prepared for Congressional enactment by the Association of Railway Executives, representing all the Class 1 railroads. The program will include extension of the jurisdiction of the Interstate Commerce Commission to coastwise steamship lines, authorization of the railroads to operate steamships coastwise and on the Great Lakes and also to operate buses and trucks, regulation of interstate passenger-bus operation and imposition of bus and truck licensing fees adequate to meet the costs of maintaining highways, and application to pipelines of the restriction now resting on railroads against transporting commodities of which they are the owners, thus requiring the oil companies to divest themselves of the pipelines.