Mail Carrying Railways Underpaid

A Statement by the Committee on Railway Mail Pay representing 214,275 miles of Railway in the United States, operated by 268 companies, containing facts and figures which prove that Railway Mail Pay does not equal the operating expenses that it makes necessary, leaving nothing for return upon the value of the property.
THE COMMITTEE ON RAILWAY MAIL PAY

J. KRUTTSCHNITT, Chairman
Director of Maintenance and Operation, Union and Southern Pacific Systems

RALPH PETERS, Vice-Chairman
President, Long Island Railroad

CHARLES A. WICKERSHAM
President and General Manager, Western Railway of Alabama

W. W. BALDWIN
Vice-President, Chicago, Burlington & Quincy Railroad

W. W. ATTERBURY
Vice-President, Pennsylvania Railroad

GEORGE T. NICHOLSON
Vice-President, Atchison, Topeka & Santa Fe Railway

E. J. PEARSON
First Vice-President, Missouri Pacific Railway

E. G. BUCKLAND
Vice-President, New York, New Haven & Hartford Railroad

C. F. DALY
Vice-President, New York Central Lines

W. A. WORTHINGTON
Assistant Director of Maintenance and Operation, Union and Southern Pacific Systems

W. F. ALLEN, Secretary

H. T. NEWCOMB, Statistician

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Mail Carrying Railways Underpaid


A STATEMENT

By the

Committee on Railway Mail Pay

representing
214,275 miles of Railway in the United States,
operated by 268 companies,

containing facts and figures which
prove that

RAILWAY MAIL PAY

does not equal the operating expenses that it makes
necessary, leaving nothing for
return upon the value
of the property.

October, 1912.


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TABLE OF CONTENTS.

Page
I.Scope of this Pamphlet3
II.Railway Mail Pay Is About to be Forced Still Further Below the Level of Just Compensation, Unless Payments are Promptly Readjusted, on Account of the Additional Volume of Mail that will Result from the Inauguration, on January 1, 1913, of the Parcels Post3
III.The Postmaster-General's Erroneous Assertion that the Railways were Overpaid "About $9,000,000.00" in the Year 1909, Rests Primarily Upon His Adopting an Unprecedented Theory which Allows Nothing for a Return Upon the Capital Invested in Railway Property4
IV.The Mail Service Supplied by the Railways Costs Them More in Operating Expenses and Taxes than They Are Paid For It, and Leaves Nothing for Return on the Property6
V.The Postmast
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