Word: anti-capitalist
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Dates: during 1917-1917
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...Eastern Railroads have again come before the Interstate Commerce Commission asking for an increase of rates, as under existing conditions they are rapidly approaching financial exhaustion. Not even the most cynical anti-capitalist can deny that the plight of the railroads is desperate, and that as a direct result of this the market is now in a panic condition, with consequent business demoralization throughout the land. It has been estimated that seventeen billion dollars have been invested in American carriers, and short sighted is the government which for political reasons, is going to prevent such investors from getting a reasonable...