Addresses of Director-General Hines and Interstate Commerce Commissioner Woolley on the Railroad Problem (Classic Reprint) - Softcover

Inhaltsangabe

Railroad policy and public control in wartime America—clear, practical insight into rates, service, and the three-way balance among public, labor, and management.

This edition presents a focused examination of how railroad regulation, labor organization, and private ownership interacted during a period of rapid change. It explains why a simple return to private control was debated, and what a lasting, shared framework for management might require.

Key ideas explored include how rates and service were shaped by multiple governing bodies, the difficulties of achieving common action among diverse interests, and the arguments for a standard that could guide fair and stable regulation. The text also discusses the practical consequences of public policy decisions on workers, investors, and the nation’s economy.

• How public agencies, labor unions, and railroad owners influenced rate setting, service quality, and investment decisions.


• Why a unified approach mattered for efficiency, reliability, and financial stability during and after wartime control.


• Arguments for a formal standard to measure reasonableness in rates and how profits beyond that standard might be used for the public good.


• Considerations around federal versus private management and the implications for future transportation policy.

Ideal for readers of public policy, economic history, and transportation history seeking a concise, policy-oriented perspective on railroad regulation and management.

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