feature, and it is surprising how much the personality of the men and their interpretation of loyalty to the public interest figure in the problem. Furthermore, a stricter interpretation of loyalty by employees on any given railroad can easily be shown to mean a positive reduction in operating expenses to the tune of thousands upon thousands of dollars. These additional resources placed at the disposal of the management would mean, of course, funds wherewith to satisfy the never-ceasing demands of employees for better conditions and increase of pay. Finally, loyalty means fidelity; and with fidelity comes sympathy; and with sympathy comes practical and earnest cooperation between management and men, without which safe and efficient service is liable to be a mere delusion and will-o’-the-wisp.
Now, while it is a pleasure to bear witness to the steadfast loyalty, frequently under trying conditions, of numerous individual employees, it is nevertheless the duty of the unprejudiced investigator to call attention to the fact that the tendency of the forces that are at work in this railroad business at the present day, on the part both of the men and of the management, is simply and positively to eliminate loyalty as a useful and essential factor in the administration of affairs. While the public, the management, and the men are mixed up in the re-
