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Richard M. Boeckel, Editor.
Current Efforts to Solve Rail Problems
Present Legislative Program vs. Public Ownership
Government action to assist the railroads in solving serious financial problems, made more acute by the failure of the carriers to earn fixed charges in 1938, moved a step nearer realization when the Senate gave its approval to a bill subjecting competing water carriers to regulation by the Interstate Commerce Commission, and effecting other changes in the Interstate Commerce Act,1 and to a bill designed to speed up reorganization of railroad companies in financial difficulties.2 ...