AMERICAN RAILWAY INSTITUTE
ONE of the most striking suggestions for improving the present service of the railroads was to the effect that the railroads should give more attention to training their employees in the theory of transportation. The number of railroad employees in the United States varied from about two million in 1920 to less than one and one-half million at the present time. These employees conduct an industry with a capital investment in excess of twenty-six billion dollars and annual gross operating revenues ranging from four to six billion dollars. Notwithstanding the importance of this business both from the point of view of size and number of men engaged, there are but few places in the United States where anyone can secure practical courses in the theory of transportation. Professor William J. Cunningham, the James J. Hill Professor of Transportation in the Graduate School of Business at Harvard University, has conducted for some years a popular course in the theory of transportation for junior officials of railroads.
Many colleges and universities have developed courses in transportation subjects. They are helpful in many ways. The classes are frequently addressed by railway officials. These courses do not, however, meet fully the need aspiring men all through the