Word: competitione
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Dates: during 1920-1929
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The Plan. The Transportation Act of 1920 which returned U. S. railroads from the Government to their owners ordered the Commission to prepare a nation-wide plan for consolidation. The carriers were then weak and shaky after Federal operation. It was argued that consolidation would link the strong with the...
The general plan calls for 19 U. S. systems and two supplementary systems composed of Canadian lines entering the country. It implies a managerial unification of systems as well as financial consolidation. The Commission's prime principle was to maintain competition between systems rather than between individual roads. In...
Reactions. Western senators raised a great hue and cry against the proposed marriage of the Great Northern and Northern Pacific, claiming it would eliminate all competition. Chairman-elect McManamy concurred in the general plan "only because I expect economy and efficiency of operation to be promoted by the gigantic systems...
Prosperous and slender, with light hair, big eyes, the hollow cheeks common to runners and the round skull common to Poles, Petkiewicz had journeyed over at his own expense. Runners who are being paid for by some club may only compete for 21 days, but Petkiewicz may stay as long...
Steel-Cement. Building contractors who go shopping for steel usually also have to go shopping for cement. Last week United States Steel Corp. offered to exchange some $31,000,000 of its stock for Atlas Portland Cement Co. which produces 19,000,000 barrels a year. Other cement companies realized...