Word: eastman
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...formal resolution Congress last spring asked that question of Joseph Bartlett Eastman, radically brilliant Interstate Commerce Commissioner whom President Roosevelt made Federal Coordinator of Transportation and his alter ego on all rail matters. Last week Coordinator Eastman answered the question in a 350-page report, the core of which was: "Theoretically and logically public ownership and operation meet the known ills of the present situation better than any other remedy." But: "I am not now prepared to recommend . . . public ownership and operation . . . for the principal reason that the country is not now financially in a condition to stand the strain...
...Eastman, the railroad coordinator, included in his report the suggestion that government ownership of railroads was in the long run desirable, but that at present, the step might be inadvisable because of personnel problems and the economic condition of the country. No one can deny that it would be dangerous for the government, because it would be dangerous for anyone else, to purchase the railroad plant of America during a depression. Politically, on the other hand, the transfer can be made with less friction when the railroads are losing money than when they are profitable. The crux of this matter...
...Pennsylvania has long been experimenting with store-door service on various sections of its line. It has the tacit approval of Federal Transportation Coordinator Eastman. Neither the President nor the I. C. C. was inclined to interfere with Mr. Atterbury's plans...
...meetings are by no means sideshows. With a membership limited to 300, the academy enrolls the cream of the nation's men of science. For three days last week this cream and a few distinguished visitors assembled at Massachusetts Institute of Technology in Cambridge, read 45 papers in Eastman Lecture Room...
While steelmen bitterly denied the charge of collusion, President Roosevelt stepped in to blast the deadlock in order to get men back to work. He proposed splitting the difference squarely in half with a price of $36.37½a ton. The steelmen agreed. So did Mr. Eastman...