N&W in 1910--Dispatchers furloughed

[NW Mailing List]

A bank panic started on Oct 22, 1907 which was largely eased by Nov 4, 1907, 
however it gave rise to a general depression that started around Dec 17, 
1907 and lasted through 1908 and into 1909.  Industries recovered in 1909 
but were hit by another mild depression in 1910.

Alex Schust

----- Original Message ----- 
From: "NW Mailing List" <nw-mailing-list at nwhs.org>
To: <nw-mailing-list at nwhs.org>
Sent: Wednesday, January 20, 2010 6:16 AM
Subject: RE:N&W in 1910--Dispatchers furloughed



> Please forgive my ignorance. Can you tell me was there an economic 

> recession or worse a depression taking place at this time to cause the 

> Norfolk & Western to furlough staff?

>

> The news item despite being 100 years old has painful echoes of today's 

> railroad situation.

>

> Best regards to you all,

>

> Cameron Tyre

> locomotive engineer

>

> Largs,

> Ayr County,

> Scotland,

> United Kingdom

>

> Sent from my Norfolk Southern ThoroughbredBerry on O2-UK

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