The Railroad Problem

The Railroad Problem, written by Edward Hungerford in the early 20th century, provides a historical analysis of the American railroad industry's challenges during a critical period. It discusses financial difficulties, labor issues, and the broader societal implications of these crises, portraying the railroad as the 'sick man' of American business. Hungerford emphasizes the need for effective remedies to address these issues, particularly in light of economic conditions influenced by the European war. This work serves as a significant examination of the railroad's struggles and its impact on American society.