Political Quotes

On the recordDecember 29, 1930
The Transportation Act [41 Stat. 456] passed by Congress in 1920 provides for a consolidation of railways into a limited number of strong systems in order to maintain broader competition, more adequate service, simplification of rate structure, lower operating costs, and, in the long run, lower rates to the public.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

Statement on Railroad Consolidation.

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