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Proceedings Volume 48

Proceedings Volume 48


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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1922 Excerpt: ...railroads. Under a proper policy of National encouragement, and not discouragement, there is no reason why American shipping companies, with alert traffic organizations abroad, may not bring to American railroads a more efficient service than the foreign steamship companies have ever given, plus the vital factor of American good-will. If the plans of the present National Administration take root, no American railroad management will have a shadow of an excuse to link itself, by preferential traffic or terminal agreements, with a foreign merchant shipping, which is to say, the naval reserve, of any foreign Government. Those interested in and of the American ocean-shipping industry bespeak from the railroads a closer understanding than has ever existed before. About one-third of the present ocean-borne tonnage is coastwise; about two-thirds normally and constantly must be working overseas. These coastwise carriers, having a natural advantage in not being compelled to maintain rights of way of stone, earth, and steel, have an important economic part to play in assembling cargoes at American ports for the overseas carriers, and in assembling and distributing goods which the railroad, in turn, must serve. One of the most powerful arguments for the strengthening particularly of the overseas merchant marine is that a more effective co-operation can be maintained by American railroads with such a merchant marine than would be possible with foreign corporations owned, controlled, and directed abroad, and maintained for the purpose of serving, primarily, alien competitive interests. American shipping, overseas and coastwise, is suffering severely to-day from the nightmare of depression that has seized the commerce and finance of the world. Of 1300 steel steamers of t...


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Product Details
  • ISBN-13: 9781153230803
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 1040
  • Spine Width: 52 mm
  • Width: 189 mm
  • ISBN-10: 1153230801
  • Publisher Date: 01 May 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 1814 gr


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