Caption: Dedication - Transportation Building Dedication Addresses
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are, what they ought to be, and how they can be made what they ought to be. About three years ago the roads established a sort of economic research department at Washington under the name of the Bureau of Railway Economics, the investigations of which have been admirable for their thoroughness, accuracy and tone. Some of the.best contributions to the investigation and discussion of railway economic problems have been made by our university professors, with Dr. A.T. Hadley at their head; and it might be added that some of the misleading and partisan literature on the subject also has come from university professors. The professor of economics usually has 16ss opportunity to intimately familiarize himself with the workings of railways and other business concerns than those who are more closely identified with them. But his training, his calling and the atmosphere in which he lives usually tend to give him a minimum of bias and to fit him pre-eminently for investigation and sound thinking unless he sets out to be primarily a social reformer and only secondarily an economist, as many of our economists do nowadays. The railways themselves might well provide able and conscientious economists with means for research regarding railway economic problems. There is Just as much reason for this as for giving professors of civil or mechanical engineering means and opportunity for research along their special lines; it has been done to some extent; and it might be done more, to the advantage of our educational institutions, the railways and the public. One of the very interesting and *
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