Word: railways
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...letting the fox guard the henhouse. Every time two bumpers touched, two motorists would rush to file a claim; the plan lacks any safety incentive. Incidentally, this "ideal solution" dates back to at least 1916, when it was outlined in a Harvard Law Review article, "A Compensation Plan For Railway Accident Claims...
...largest U.S. railway walkout since 1946 (when Harry Truman threatened to draft strikers) last week tied up passenger and freight trains in 38 states...
...chief weakness lies in the nationalized 53% of Austrian industry: steel, aluminum, oil, chemicals, leather, paper and lumber, plus the deficit-burdened state railway. Hobbled by price control, high taxes to finance lavish welfare programs and a chronic lack of capital, both nationalized and private industry have been loath to expand into new product lines or even to modernize plants rebuilt after World War II with $1 billion of Marshall Plan aid. On top of that, much of private industry is fragmented into pint-sized firms-25% employ no more than 20 persons. Predictably, they turn out goods in small...
...contemporaries, such works were full of unrecognizable "blots." Constable, also experimenting in colored light, labeled Turner's work "tinted steam." It was a shrewd perception for, in the days of the burgeoning Industrial Revolution, Turner eventually abandoned trite old themes to depict railway trains and steamships roiling, almost defiantly and often indistinctly, through mist and fog. When he titled a painting Sunrise with a Boat Between Headlands, the subject was neither topography nor the boat, which is a barely visible blob, but light refracted by mist...
...Railway companies have their own trade association-the Association of American Railroads. Under association rules, all lines must lend their boxcars to other companies if the demands of traffic so require. But, also under association rules, if the borrowing company wants to keep a boxcar for a while, it need only pay a nominal daily "rental" fee of something less than...