The America That Inspired Ayn Rand?
Posted by ohiocrossroads 8 years, 1 month ago to History
Came upon this video as I was surfing YouTube, and thought I would reference it in The Gulch. As I was watching it, quotations from Atlas Shrugged kept popping up in my mind. It's quite an historical document, with a political commentary at the end by the president of the New York Central RR calling for reform of transportation policy.
maybe this video should be shown to the entirty of the congress to include the presidents old and new. Today their are over 1000 train engines sitting still!!!!!!!!!!!!!!!!
Taggart Transcontinental! Fun!
The President of New York Central was right when asking to end the subsidies of others... Everyone involved should have learned the lessons of James J. Hill and the Great Northern Railroad. http://www.sjsu.edu/faculty/watkins/h...
Respectfully,
O.A.
I wrote a college term paper on James J. Hill and the building of the Great Western railroad when I was in college, so I am familiar with the story. I was inspired to research Hill based on reading about him in Ayn Rand's non-fiction writing. I actually quoted Rand in my paper, and my prof loved it.
Excellent! I too agreed with all he said, short of equalizing the playing field by any other means than removing "all" the subsidies. I would prefer the government never have that power or money in the first place. I am afraid I am a bit of a laissez-faire zealot. :)
I quite concur with your other current comments.The history of our railroads provide a perfect vehicle for demonstrating the folly and failure of big government meddling. Clearly they make a good vehicle for a novel too... :)
Respectfully,
O.A.
Most people do not know that the railroads (and trucking companies that forwarded freight to them) were nationalized during World War I. When the railroads were returned to their owners, the freight forwarders were not. REA (Railway Express Agency) was created instead. REAX was finally privatized in the 1970s, but by then, it was too late, of course.
Also, tangentially, during World War I all radio receivers and transmitters were seized by the federal government.