How Depression Affects Railroads.

The article discusses how the economic depression in the U.S. as of October 1, 1930 influences the railroad industry. It is said that a reduction of maintenance of way expenses is due to the delay of needed expenditures. It is also mentioned that innovations in fixed trust operations are substantiated in the makeup of the All-American Investors Corp. U.S. President Herbert Hoover confirmed that total imports of merchandise in August 1930 were at 217 million U.S. dollars.