The Crises in Passenger Train Service, Hearings 89th Congress, 1st Session, on S.325 [etc], Mar. 2-11, 1965 |
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Página 25
Like nearly all other railroads , millions of dollars have for many years been lost
on passenger service operation — a loss customarily made up out of freight
profits . This was true of the New Haven up to 1959 . Thereafter the losses have
been ...
Like nearly all other railroads , millions of dollars have for many years been lost
on passenger service operation — a loss customarily made up out of freight
profits . This was true of the New Haven up to 1959 . Thereafter the losses have
been ...
Página 26
The major contributing factor of passenger loss has existed throughout and at no
time have the Trustees taken the position that there was any hope of reorganizing
the New Haven Railroad as long as the passenger losses continued .
The major contributing factor of passenger loss has existed throughout and at no
time have the Trustees taken the position that there was any hope of reorganizing
the New Haven Railroad as long as the passenger losses continued .
Página 28
Unless the public could come forward with a program for assuming the losses of
the service , the court could not justify granting the New York Port Authority a first
lien on the estate to secure the Railroad's performance under a lease of cars .
Unless the public could come forward with a program for assuming the losses of
the service , the court could not justify granting the New York Port Authority a first
lien on the estate to secure the Railroad's performance under a lease of cars .
Página 30
In the context of the operating losses of the entire passenger service of nearly $
12,000,000 for 1964 , not to mention the freight losses of nearly $ 6,000,000 more
, and in view of the fact that the Trustees are faced with the necessity of meeting ...
In the context of the operating losses of the entire passenger service of nearly $
12,000,000 for 1964 , not to mention the freight losses of nearly $ 6,000,000 more
, and in view of the fact that the Trustees are faced with the necessity of meeting ...
Página 302
I will get to the heart of my testimony , which is that these 10 , 000 employees
would cost the Nation as much as $ 750 , 000 a week , or $ 39 million a year , in
unemployment dollars and losses of Federal taxes . In addition , there would be
an ...
I will get to the heart of my testimony , which is that these 10 , 000 employees
would cost the Nation as much as $ 750 , 000 a week , or $ 39 million a year , in
unemployment dollars and losses of Federal taxes . In addition , there would be
an ...
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action addition amount assistance authority basis believe bill bonds Boston carriers carry cars Chairman City Commerce Commission committee commuter service compact concerned Congress Connecticut continue correct costs course court deficit discontinuance effect England equipment essential expenses fact Federal Government figures freight freight service funds give going Governor Governor DEMPSEY grant guarantee Haven Railroad hearing hope important increased interest involved KIRK legislation loss MARTIN Mass Massachusetts matter mean meet merger million operating passenger service percent period possible present problem proposed question rail reason record representatives responsibility Rhode Island Ribicoff road Senator DOMINICK Senator LAUSCHE Senator PASTORE Senator PELL serves situation solution statement subsidy talking tax relief Thank thing tion train transportation trustees understand WEBB York York Central