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American Railway Association Car Service Division Analysis 1923 December 8
American Railway Association Car Service Division Analysis 1923 December SC
Cover is coming loose from binding
Soft Cover (SC)
Copyright December 8, 1923
American Railway Association
8 Pages
Analysis by the Car Service Division of the American Railway Association of an Address by Mr. N. D. Ballantine, of the National Association of Owners of Railroad Securities, before the Traffic Club of New York, at New York City, September 25, 1923.
This address has been published in a pamphlet of nineteen pages. It attempts to detail the merits of a certain "central agency" that has been proposed, but the functions and powers of that agency are not set forth in the pamphlet. The general claim is made, however, that large economies will be derived from the operations of such "central agency."
The Car Service Division of the American Railway Association has very carefully analyzed the report in full and finds the savings claimed are based wholly on imaginative and theoretical arbitraries which are not only thoroughly unsound but are actually nonexistent.
We see in this pamphlet the carefully prepared statistics of the railroads garbled and distorted into a massed statement which is illogical, meaningless and leads nowhere. Not only are these statistics misinterpreted, misused and misapplied but they are perverted either through ignorance or with a deliberate intent to mislead in a way to distort facts.
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