← Search

Quarterly Journal of Economics Vol. 23 No. 1 1908

Two Experiments in Public Ownership of Steam Railroads

Fred Wilbur Powell

New York

Abstract

Troy financed the construction of Schenectady & Troy Railroad when individuals withheld support, 138.—City owned all stock and operated road for ten years, 141.—A losing venture, hampered by legislation and lack of friendly connections, 142.—Mismanaged by political appointees, but must have failed under any management, 145.—North Brookfield, unable to obtain rail connection with a trunk line, built North Brookfield Railroad by means of company in which it took nine-tenths of stock, but arranged for operation by Boston & Albany under lease, 149. —A success in every particular, 150.

DOI
10.2307/1883968
Volume
23
Issue
1
Pages
137
Sources
openalex crossref

Cite