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Caption: Dedication - Transportation Building Dedication Addresses
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RESEARCH AS A FACTOR IN RAILWAY ADMINISTRATION* By Mr, Samuel 0. Dunn, Editor, Railway Age Gazette, Chicago, 111. Railway transportation is one of the largest industries. And it is also the newest of the large indus- tries. The first train propelled by steam was run in England in 1825• The first rail of the oldest railroad in Amerioa, the Baltimore & Ohio, was laid by Charles Carroll on July 4, 1828. Any new industry is sure to have many unsolved problems* A new Industry which in less than a cen- tury has expanded to the enormous magnitude that railroad transportation has, is sure to present nany unsolved problems of the first importance. The importance of the unsolved problems presented by railroad transportation in the United States is in proportion to the extent of the development of the industry here. And the mileage in this country exceeds the total state-owned mileage of the world, equals that of the continents of Europe, Afrioa and Australasia together, and is, indeed, about 40 per oent of the total mileage of the earth* The most important of our railway problems, are perhaps first, that of securing the greatest practicable economy of operation; second, that of Increasing the safety of operation; and, third, that of putting the relations between the railways and the pttbllo on an equitable, wholesome and stable basis.
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