On the record
Such consolidation will assure not only a greater element of competition as to service, but it will afford economy in operation, greater stability in railway earnings, and more economical financing.
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gutenberg.orgCalvin Coolidge: “Such consolidation will assure not only a greater element of competition as to service, but it will afford economy in…”
Editor's note · Context
Coolidge highlights the benefits of railway consolidation, including improved service competition and operational economy.
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