| Abstrakt: |
The article focuses on railroad contract of U.S. In the widely published statements given out after that meeting, it appears that one faction raised three objections to signing the Government contract. It was pointed out that no provisions had been made for covering any loss which might result from disturbance to regular business. To make a blanket contract which would cover railroads operating under very different financial, physical, and traffic conditions was an extremely difficult task. As to the contract itself, the Government's annual guarantee of net income was based on the earnings of the railroads for the three years ending June 30, 1917. |
