Abstract

A Plan for Railway Regulation
Amster, Nathan L. | August 16, 1919 issue

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The article focuses on the railroad problem in the U.S. According to the author, the railroads are merely suffering from rate starvation and from improper trusteeship. Congress has the power to correct both of these evils. In approaching the railroad problem from the most practical viewpoint, the things that must be borne in mind are that railroads are naturally monopolistic and for that reason must be under strict government supervision. The railroads are the most democratically owned industry in the U.S., and more than a third of the entire population have more or less of their savings invested in the railroads.

See Also:

RAILROADS -- United States; RAILROADS -- Rates; GOVERNMENT ownership; GOVERNMENT regulation; EXPENDITURES, Public; UNITED States
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