Try to trace the amount of railroad transportation entering into the manufacture of a simple article like a woolen shirt or a pair of shoes, and you'll appreciate how true the above statement actually is. From the food that nourishes the animals, to the coal that drives the machinery in the factories, on down to the delivery of the product to the wearer's door every stage is identified with the railroads. Without them most manufactured products simply would not be available in the quantities and at the prices that now exist. Hence the satisfaction with which business men should note the constant improvement in railroad service under existing managements. Heavier and still heavier tonnage is being hauled. Million-car week succeeds million-car week yet the resources of the carriers are adequate. Records for economy of operation are being topped on every hand. All the more unfortunate, in view of this condition, is the financial return to the carriers, which still falls short of the rate set by government statute. No institution which depends on private capital can prosper and expand indefinitely unless adequate recompense is forthcoming for that capital. This is the "railroad problem" as it exists today, and business men must help to solve it. WESTINGHOUSE ELECTRIC & MANUFACTURING COMPANY Localized Service-Men, Parts, Shops BEFORE many railroads can electrify, for instance, they must be in position to attract new capital in large amounts. Most of the railroads favor electrification; so does the public; mounting traffic demands it at terminals, in suburban areas, tunnels, and on steep grades. As a pioneer in the development of railroad electrification, Westinghouse feels an obligation to draw attention to the superb performance of the railroads under present management. They are making records in the face of baffling difficulties that entitle them to generous public support. Westinghouse Mestion of “Forbes” insures good service 1925, W. E. & M. Co. JUN 1928 1165 The Automobile's Part in Solving The growth of a nation depends chiefly on its transportation systems. The automobile has markedly influenced the development of the most important unit of America's transportation system, the public highways. On January 1st, there were in the United States approximately 470,000 miles of paved roads. These paved roads are the direct result of the introduction and growth of the automobile as a transportation unit. Motorized transportation is replacing the llama in Peru, the donkey in Colombia, the pony in Iceland, the ox in Scandinavia, the coolie in China, the jinriksha in Japan, the camel in Egypt, the elephant in India and the horse in America. It also is reinforcing or supplanting electric and steam railways in the United States and other countries. 2,131,322 motor trucks in the United States haul billions of tons of freight billions of miles annually. 60,000 motor buses transport passengers throughout the United States. 470,000 children are transported daily in motor buses to and from school. 70% of the milk supply of six major cities is hauled by motorized transportation and this percentage probably holds approximately good throughout the United States. 33 railroads in the United States and Canada use motor trucks as part of their shipping service. 3,821,085 motor vehicles widen the marketing area of the farmer and enable him to realize more for his products. Approximately 150,000 physicians enlarge their incomes and their capacity to serve humanity through the use of motorized transportation. More than 200,000 salesmen reduce selling costs and consequently living costs with motorized transportation. The National Automobile Chamber of Commerce makes the statement that approximately 60% of all passenger car mileage is for business purposes. Transportation systems find it increasingly difficult, even now, to handle the country's business. Without the automobile, rail transportation would be wholly inadequate to handle the immense volume of freight and passengers. There would be insufficient distribution and consequent business stagnation. These facts are offered for the consideration of the few remaining bankers who question the economic value of the automobile. Why Rockefeller Has Lived Long Customer Ownership Offered to Food Are You Entitled to Be Self-Confident? What Looms Ahead for Street Cars and Busses? Workman's $5,000 Stock Is Now Worth $30,000 This Increased Production 102 Per Cent. Marcus Cartoon-Wanted: A Traffic Cop! 29 Moving Masses of People With Speed, Economy and Comfort M. B. Lambert 34 Thoughts on Life and Business - Forbes Guide for Investors Canada, 50c. additional; foreign, $1.00 additional. Copyright, 1925, by the B. C. Forbes Publishing Co. B. C. Forbes, President; Walter Drey, Vice-President and Treasurer; 85 The Public Acclaims this At its new low price the Chevrolet Coach is The consistent strong public demand for the CHEVROLET MOTOR COMPANY, DETROIT, MICH. |