Map of Waterford Works on 1 billion in 1921 to $3.1 billion in 1929. Moreover, under Coolidge, regulatory agencies were frequently led and staffed by representatives of the very industries that they were to oversee, indeed, in some instances he appointed vocal critics of agencies to head those same agencies. In 1926, Coolidge supported and signed into law the Railway Labor Act (RLA). The RLA guaranteed railway workers the right to form UNIONS, but also reduced the danger of crippling RAILROAD strikes by setting up a mediation board that handled all labor disputes. It is one of the oldest labor laws still in use, and has since been extended to cover AIRLINES. Economic growth was rapid during the Coolidge years. Map of Waterford Works 2016.
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