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Updated: June 6, 2025
Even in the essential matter of coal supplies, though the output of the Indian coal mines suffices for present requirements, huge dumps of coal accumulated round the mines and could not be moved owing to the lack of rolling-stock and to the general inadequacy of the existing railway system.
Under the Treaty Germany is required to confirm this surrender and to recognize the title of the Allies to the material. She is further required, in the case of railway systems in ceded territory, to hand over these systems complete with their full complement of rolling-stock "in a normal state of upkeep" as shown in the last inventory before November 11, 1918.
One such company, the Caraquet, which was given $400,000 in subsidies, declared, in floating $500,000 in bonds in England, that the capacity of the road was taxed to its utmost, and that an immense traffic was in sight. At that time its entire rolling-stock consisted of two locomotives, one passenger car, two box and fifteen flat cars, and a snow-plough.
From either point, railroad communications can be run out, there being here abundance of rolling-stock suited to the gauge of those roads. There have been about sixteen thousand men sent from Lee's army south. Of these, you will have fourteen thousand against you, if Wilmington is not held by the enemy, casualties at Fort Fisher having overtaken about two thousand.
"I've seen already. I know." "How do you know?" "Well, for one thing, Henderson, I noticed Cardigan has carefully housed his rolling-stock and he hasn't scrapped his five miles of logging railroad and three miles of spurs." Old Bill Henderson chewed his quid of tobacco reflectively and spat at a crack in the sidewalk.
Well, right away he flew into a rage and called me a robber; whereupon I informed him that since he thought me a robber, perhaps we had better not attempt to have any business dealings with each other that I really didn't want his contract at any price, having scarcely sufficient rolling-stock to handle my own logs.
With Bull's Gap fortified, you can occupy as outposts about all of East Tennessee, and be prepared, if it should be required of you in the spring, to make a campaign towards Lynchburg, or into North Carolina. I do not think Stoneman should break the road until he gets into Virginia, unless it should be to cut off rolling-stock that may be caught west of that. "U. S. GRANT, Lieutenant-General.
When the reconversion of machinery to civil ends has been completed, the immediate arrears of demand supplied, shipping and rolling-stock replaced, houses built, repairs made good, and so forth, this slow shrinkage of purchasing power in every country will go hand in hand with shrinkage of demand, decline of trade and wages, and unemployment, in a slow process, till they culminate in what one fears may be the worst "times" we have ever known.
In either event, all the surplus forces at the two points will move to the interior toward Goldsboro' in co-operation with your movements. From either point, railroad communications can be run out, there being here abundance of rolling-stock suited to the gauge of those roads. There have been about sixteen thousand men sent from Lee's army south.
It is commonly said that the problem of feeding Moscow and Petrograd is a transport problem, but I think this is only partially true. There is, of course, a grave deficiency of rolling-stock, especially of locomotives in good repair. But Moscow is surrounded by very good land.
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