The magnitude of the railroad industry and the vital part it plays in the economic and social life of this nation appear as the two most interesting and impressive phases arising out of a study of the growth and development of transportation. The inability of the railroads and the public to get along together amicably furnishes another interesting and possibly no less important phase.
The importance of the railroads can be better grasped if their magnitude is appreciated. For instance, the federal government spends annually for interest, debt retirement, expansion, administration, and operation a shade under four billion dollars. The people, through the payment of their tax bills, furnish this sum. The railroads of the nation over a ten-year period prior to 1930 spent an annual average of more 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......

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Title: Railroad Transportation Within The United States
Approximate Word Count: 1659
Approximate Pages: 7 (250 words per double-spaced page)

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