New Era For British Railways By Howard Kidd HC 1929
A New Era For British Railways By Howard Kidd Hard Cover Copyright 1929 158 Pages A study of the Railways Act 1921 from an American standpoint, with special reference to amalgamation. In his last two annual messages to Congress President Coolidge has indicated that the consolidation of railways in the United States should be regarded as a problem of major importance. With this opinion American economists are undoubtedly in general agreement. The large questions of practical interest are the manner in which amalgamation may be achieved and the results that may be expected. It is these issues which will be uppermost in the formulation of a railway policy for the United States. While the consolidation of railways in the United States is still in the debate stage, in Great Britain it has come to fruition. Great Britain can, therefore, be regarded as a laboratory in which an experiment vital to the economic well being of both countries is being made. It is with this general situation in mind that the author has examined not only the British railway amalgamations but also the Railways Act, 1921, which defines the present railway policy of Great Britain.
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