This book provides an in-depth look at the administration and economic policy of North American railroads. The authors examine the history and development of the railroads, the challenges faced by the industry, and the economic policies that have shaped it. This book is a must-read for anyone interested in the history of the railroad industry in North America and its economic impact. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.