Excerpt from The Economics of Railroad Construction: Webb Published
Owing to the diversity of opinion existing among railroad men as to the proper scope of a book on railroad economics, a word of introduction is necessary. (Railroad economics, in its broadest sense, covers the entire subject of railroad engineering, from the most simple feature of railroad surveying to the weightiest questions of railroad practice or legislation which could be brought before the Interstate Commerce Commission, Congress, or the United States Supreme Court.) While it is of course desirable that an engineer should have as broad a knowledge as possible of every phase of railroad management and legislation, it should not be forgotten that his primary work is that of construction, maintenance, and operation. If the railroad engineer should develop into the railroad president, the larger questions must be answered, but even in such a case an encyclopedia of railroad science would not cover the ground with which he should be familiar.
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