Facts which shake calamity appeal that motor vehicles jeopardize heavy investments of insurance companies in rail securities; should all railroad bonds go in default, loss to average policyholder would only by $48; motor-vehicle owners pay in taxes more than $1,000,000,000 a year; automotive industry employs twice as many as steam railways. (see also Power Wagon v 50 n 338 Feb 1933 p 12-9 and Motor Truck News v 22 n 8 Feb 1933 p 6-8, 17 and 42)
Automobile's challenge to transportation policy of America
Commercial Car J
1933
Article (Journal)
English
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Automobile's challenge to transportation policy of America
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