[161] This estimate includes the following items:
| Heavy Car | Light Car | |||
|---|---|---|---|---|
| 2 Drivers | $8.00-10.00 | $10.00 | per day | $10.00 |
| Tires | 4.00- 6.00 | 6.00 | 4.00 | |
| Oil, etc. | .75- 1.00 | 1.00 | .75 | |
| Gasoline | 3.50- 5.50 | 5.00 | 3.50 | |
| Depreciation | 4.00- 6.00 | 6.00 | 4.00 | |
| Interest | 1.00- 1.50 | 1.50 | 1.00 | |
| Insurance | 1.00- 1.50 | 1.50 | 1.00 | |
| Garage | .50- 1.00 | 1.00 | .50 | |
| License, taxes | .75- 1.50 | 1.50 | .75 | |
| Repairs | .50- 1.00 | .50 | .50 | |
| 24.00-35.00 | $34.00 | 26.00 | ||
[162] “Root, Hog, or Die: The New Englander and His Railroads,” by Philip Cabot, in Atlantic Monthly, August, 1921, p. 258.
[163] Wall Street Journal, August 26, 1921.
[164] The Railway Review, Chicago, July 30, 1921.
[165] W. Jett Lauck, a union-labor economist, in a report laid before the Railroad Labor Board, specifies the avoidable wastes as follows:
1. Modernizing locomotives.—Gross reparable deficiencies are pointed out which it is claimed might be avoided by the applications of improvements such as superheaters, brick arches, mechanical stokers, feed-water heaters, there would result an annual saving of at least $272,500,000.
2. Locomotive operation.—The magnitude of the railways’ coal bill is considered and certain of the larger wastes calculated, and it is concluded that by use of better methods of coal purchase, coal inspection, careful receipt, and efficient firing of the locomotives, an annual saving could be effected of at least $50,000,000.
3. Shop organization improvements.—The sad and almost incredible inadequacy and out-of-date equipment of the railway shops is reviewed, and defenseless wastes considered, and it is conservatively estimated that by a proper shop organization an annual saving could be effected of at least $17,000,000.
4. Power-plant fuel savings.—The obsolete and wasteful condition of the power plants in the railway shops is considered, and it is estimated that in this field the possible saving of fuel would by itself amount to an annual total of $10,000,000.