Word: railroading
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Dates: during 1930-1939
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...beginning, in 1836, Atlanta was the spot of red clay where one Hardy Ivy had his cabin, and where an engineer named A. H. Brisbane chose to drive a stake. Because the stake marked the end of the new Western & Atlantic Railroad, the town-to-be was called Terminus. By 1843 Terminus had ten families and one more railroad, and Governor Wilson Lumpkin had a daughter named Martha. So Terminus became Marthasville, and Statesman John C. Calhoun in 1845 saw what was to come: "Such is the formation of the country between the Mississippi Valley and the Southern Atlantic coast...
...Instead of studying stenography (overmanned), girls should learn to operate business machines (undermanned). >The war is likely to help printers, aviation, chemical and railroad workers, is bad for cotton and tobacco farmers...
...full-fledged editor at 18, Daniels became, during his twenties, one of the most talented and unpurchasable of Southern journalists, fought for virtually every (safely Democratic) advance in sight in the raw, nascent 80's-from free schools, coeducation, a Railroad Commission, to Prohibition (decades before its time) and "white supremacy...
Meanwhile barge competition heavily subsidized by the Government undercuts railroad rates on many inland waterways. Trucks-which until recently did not have the handicap of being under Government regulation-meanwhile cut into freight traffic, and pipelines took a flood of oil (1938's total: 1,158,000,000 bbls.) that railroads would have liked to have in their tank cars. At the same time automobiles and motorbuses cut passenger traffic particularly on short runs, and finally airplanes arrived to cut long distance Pullman travel...
Management: No more eloquent commentary on the alertness, competitive mindedness of U. S. rail management exists than the story of how they were caught asleep at the switch by the hard-hitting, aggressive, new transport men who came into bus & airline management, cutting deeply into the railroad's passenger business (which is roughly 15% of their total...