Billions 15 PASSENGER DEVELOPMENT 10 REVENUE PASSENGER MILES - DOMESTIC SOURCE: U. S. CIVIL AERONAUTICS ADMINISTRATION STATISTICAL HANDBOOK, 1954; AND RECURRENT REPORTS Civil Aeronautics Act 1935 1938 ACIA EFFECT OF AIRCOACH THE INDEPENDENTS PIONEERED NEW SERVICE DESPITE THE STOP-STOP-STOP of Federal Regulations, detailed on the preceding pages SLOW GROWTH IN EARLIER YEARS reflects in throttle-and-brake federal policy. With one hand, the government gave subsidies to encourage growth. With the other, the brakes were set against unsubsidized enterprise. It is time to.release the brakes. |