Road Competition
The year 1930 marked the peak of the company’s prosperity but towards the end of that year the ill effects of the progressive devaluation of the Argentine peso began to be felt and labour costs began to increase substantially. The company was also facing increasing competition from transport on the expanding road network.
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Famous quotes containing the words road and/or competition:
“Such were the first rude beginnings of a town. They spoke of the practicability of a winter road to the Moosehead Carry, which would not cost much, and would connect them with steam and staging and all the busy world. I almost doubted if the lake would be there,—the self-same lake,—preserve its form and identity, when the shores should be cleared and settled; as if these lakes and streams which explorers report never awaited the advent of the citizen.”
—Henry David Thoreau (1817–1862)
“Every sect is a moral check on its neighbour. Competition is as wholesome in religion as in commerce.”
—Walter Savage Landor (1775–1864)