minds of investors about the future net earnings of the railroads.
Let us look for a minute at a few facts about the great transportation machine made up of the New Haven and New England lines and associated properties. There are 7976 miles of railroad and 14,175 miles of track. Of the track 29 per cent is in Massachusetts, 20 per cent in Connecticut, 14 per cent in Maine, 13 per cent in New York, 12 per cent in New Hampshire, 6 per cent in Rhode Island, 4 per cent in Vermont, and 2 per cent elsewhere. (See Table A, page 227.) There are 3197 locomotives, 8088 passenger-train cars, 79,522 freight-train cars, and 3541 work-cars. These units of rolling stock, which aggregate more than 94,000, if coupled together, would occupy about 750 miles of track, or make an unbroken train which would stretch from Vanceboro, on the Canadian border in Maine, through Portland, Boston, and New York to and beyond Philadelphia. Then there is the marine equipment of 240 steamers, tugs, barges, etc. But this rolling stock is not standing still. Each
