Award Arbitration Between the Eastern Railroads And the Order of Railway Conduc

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Award Arbitration Between the Eastern Railroads And the Order of Railway Conduc
Board of Arbitration in the Controversy Between Th
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The Railroads called perhaps an equal number of witnesses and filed a large number of exhibits, which are also bound in two separate volumes and filed with the Court. It is probable that no such elaborate or valuable statistical matter was ever before submitted in a similar arbitration.
3 At the conclusion of the public hearings and after oral arguments covering several days, printed briefs were filed by the respective parties, which have been of great assistance to the Board in reach- i
...ng its conclusion.
The railroads involved in this concerted arbitration comprise practically all that part of the United States east of the Mississippi and north of the Ohio and Potomac Rivers. The trackage of these railroads is approximately 70, 000 miles of main line, being something more than one-fourth of the entire trackage of the United States. These railroads represent practically forty per cent. (40%) of the total capitalization for all railroads in the United States; they carried about forty-seven per cent.


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