Word: railroads
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Dates: during 1950-1959
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FULTON, KY. (pop. 4,800), tree-lined streets, courthouse in square, frequently called Kentucky's "southernmost city" because of location on Tennessee state line, plantation tradition, Deep South accents. Named for Steamboat Inventor Robert Fulton but grew up around important, longtime Illinois Central Railroad junction; lately pressing industrialization campaign-WE WANT INDUSTRY...
Germans this year will spend an estimated $400 million on their European travels. About 30% of them are students who go by bicycle, motorcycle or hitchhike, and often camp out. Another 60% are the middleclass, ranging from teachers to small businessmen, who travel by car, railroad or bus and live in small hotels and boarding houses. The remaining 10% are the wealthy, the Ruhr industrialists and Frankfurt bankers, who make their rounds with expensive movie cameras, stay in the palace hotels, demand the best and are willing to pay for it. They are even more visible than Americans. The French...
...Commonwealth of Massachusetts went to the rescue of one of its railroads last week with the first state subsidy in U.S. history. After two years of diligent consideration, the legislature voted $900,000 to enable the New Haven railroad (first half loss: $4,962,496) to keep its Old Colony line (1957 loss: $2,400,000) running from Boston south along the vacation resorts (see map) for another year...
...Haven President George Alpert-and the railroad business-the action was a major breakthrough. The industry's most persistent advocate of subsidy ("I cannot afford the luxury of commuter lines"), Alpert will put pressure on New York State to open its own treasury by lowering rail taxes or subsidizing commuter trains. Other Eastern lines will also use the Massachusetts precedent as a wedge in their campaign for local aid. In New York, the New York Central is particularly anxious for state or municipal help, threatens to halt commuter service unless it receives...
...relief are good. Last week eight U.S. Senators from heavily suburban New York, Pennsylvania, New Jersey and Connecticut sent a plea to the Senate Interstate and Foreign Commerce Committee to find a solution to commuter woes, urged "that the Federal Government not preside over the liquidation of vital railroad services." But rather than federal aid or higher fares, the Interstate Commerce Commission believes that more local subsidies for rails are the solution. Says ICC Chairman Howard Freas: "If an urban or interurban commuting service needs subsidizing, it should be by the communities served and not by freight shippers throughout...