Railroad Transportation Within the United States

The magnitude of the railroad industry and the vital part it plays in the economic and social life of this nation appear as the twain most interesting and impressive phases arising taboo of a study of the growth and development of transportation. The inability of the railroads and the public to tucker along to defineher amicably furnishes another interesting and by chance no less important phase. The importance of the railroads can be better grasped if their magnitude is appreciated. For instance, the federal government spends per year for interest, debt retirement, expansion, administration, and performance a shade under four vertexion dollars. The plurality, through the payment of their tax bills, furnish this sum. The railroads of the nation over a ten-year occlusion prior to 1930 spent an annual average of much than six and a quarter billion dollars for interest, debt retirement, expansion, administration and operation. During this period, the people paid an average annual rail transportation bill of a little over six billion dollars. The railroads borrowed the dissimilarity on the hope of a fair return held out to them by the Transportation Act of 1920 (Nelson). The federal government spends annually on past wars and the discipline defense approximately two and three-quarter billion dollars.

The railroads for the ten years preceding the present stamp paid their employees nearly three billion dollars annually, an amount roughly greater than the government each year spends for past wars and issue defense. In addition to the expenditure of the government for past wars and national defense, there is required annually slightly more than atomic number 53 billion dollars for all other expenses, whereas the railroads each year for the ten-year period spent one and one-third billion dollars on these v items alone: steel, fuel, forest products, ballast and cement. They paid an annual local, state, and federal tax bill ranging from $300,000,000 to $400,000,000. Railroad mileage throughout... If you want to get a full essay, order it on our website: Orderessay

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