Download or read book Combination Not Competition of Railroads written by Blewett Lee and published by . This book was released on 1918 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Combination Not Competition of Railroads Classic Reprint written by Blewett Lee and published by . This book was released on 2015-07-18 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Combination, Not Competition of Railroads In the course of the taking of evidence before what is generally called the Newlands Committee, appointed by Congress to investigate conditions relating to interstate and foreign commerce, it was very interesting to observe the personality of the different members of the Committee, as indicated by the questions which they asked of the various expert witnesses who were brought before them. The keen intellect of the Senior Senator from Iowa has continually played about the problem, how the revenues of the weak lines can be increased without at the same time increasing those of the strong ones. Assuming that some of the lines are already earning enough, but some are not, how shall the poor lines be made prosperous without increasing the earnings of their strong competitors? Shall the Government guarantee the earnings of the weak lines? If so, how will it ever get its money back? Can the strong lines be made to shoulder the weak ones, so to speak, or dilute their own prosperity by spreading it over the adversity of their weaker brethren? On more than one occasion the Senator has declared this problem to be insoluble. What is to be done? It may be remarked at the outset that the idea that the earnings of the strong lines must be kept down at all events, is far from comforting to people who have invested their money in the railroad business, and most discouraging to those who are invited to invest new money in it. In one of the recent Treasury Decisions, Honorable David A. Gates had occasion to remark that unless a public utility like a railroad company earned eight per cent upon its investment, its stock could not be kept at par - a conclusion which was reached from an examination of many income tax schedules. In an investigation made in connection with the Fifteen Per Cent. Rate Case, the Illinois Central Railroad Company discovered that in the unusually prosperous year ending June 30, 1916, it had in fact received a return on its investment in road and equipment of only 4.3%. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book For the Railroads Classic Reprint written by Harry Turner Newcomb and published by . This book was released on 2016-06-21 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from For the Railroads No agency of Government can translate commercial needs in terms of railway rates which will foster industrial progress as does the free operation of the natural laws of business. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book The Working of the Railroads written by Logan Grant McPherson and published by . This book was released on 1907 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Limitation of Competition Through Combination as Illustrated in Railroad Self government written by Joseph Nimmo and published by . This book was released on 1899 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Importance of Competition Between Railways Classic Reprint written by Edward Dudley Kenna and published by Forgotten Books. This book was released on 2016-08-19 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Importance of Competition Between Railways F one will trace the course of a public pol icy that has failed he can usually find the forks at which the wrong turn was taken; therefore, when a public policy becomes in effective, change should be preceded by a search for the causes of failure. To com prehend the conditions which required the Government to commandeer the railways in December, 1917, it is necessary to go back to the beginning of our railways. In that beginning when the railed way was an experiment our Governments, State and Federal, were eager and Willing that private capital should incur all the hazards of its development; and, when its utility was demonstrated, these Governments, being poor, induced investors to build the railways conformably to a public policy under which such investors, incorporated, were not only to build, and, to own, but, also to operatethe railways. Inconsistently, these privately owned and operated railways were declared to be highways. This incongruous arrange ment sprang from the assumption that the rail thoroughfares were to be a substitute for the common highways, which experience had shown might be owned by private corpora tions. Therefore, early railway legislation developed on the general lines prescribed for turnpikes and toll-roads, ignoring that it is not feasible for every person who may own a locomotive and a car to use a rail way in common with other like users. The seriousness of this mistake - which was soon corrected in practice - lies in the erroneous public view of the railway it induced without correcting: the public failed to see that the State was creating a private monopoly. The owners, of course, realized that every one was to have the right to ship and travel over their railways, and the public were aware that they must pay for the exercise of such right; but where men must use a thing controlled by a private monopoly, such as water, light, or a public highway, an nu ending struggle between owners and usersis inevitable. This affords, perhaps, a strong, yet not necessarily a controlling argument, in favor of ownership by the State of all public utilities. However, the need for rail ways grew so fast that their builders were everywhere welcomed as benefactors, and he, who prior to 1870 would have assaulted the basis of their credit would have been re garded as a public enemy. But when almost every town had its railway and earlier needs were satisfied and forgotten, the owners be came as unpopular as absentee landlords. \vhy this happened and to what extent the owners themselves were responsible for the change is not pertinent to the subject we are discussing, which is a study of causes, not an inquiry into the responsibility for their oc currence. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book The Year Book of Railway Literature written by Sir Harry Perry Robinson and published by . This book was released on 1897 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book National Consolidation of the Railways of the United States Classic Reprint written by George Henry Lewis and published by . This book was released on 2017-09-17 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Working of the Railroads Classic Reprint written by Logan G. McPherson and published by . This book was released on 2015-07-21 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Working of the Railroads That portion of these lectures which treats of the organization, the work and inter-relation of the different departments of a railroad company, is based in the main upon the writer's experience and observation while in the railroad service, supplemented by the information which officers of acknowledged eminence in active administration have courteously and freely given. It is believed that a large part of this information finds accessible expression for the first time. It is hoped that this volume will aid in giving an accurate conception of the underlying principles of railroad practice to (a) Those whose votes elect legislators and ultimately control legislation; (b) Those in the railroad service who would gain a more extended view of its different phases than is afforded by contact with their own immediate duties; (c) Young men whose studies include the transportation industry, many of whom may make it their vocation. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book WORKING OF THE RAILROADS written by Logan Grant 1863-1925 McPherson and published by . This book was released on 2016-08-27 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Studies in Railroading written by G. M. Dodge and published by Forgotten Books. This book was released on 2018-03-04 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Three Studies in Railroading: Building the Road; Driving the Last Spike; The West and the Railroads Under all the circumstances, therefore, I must assume that he expects me to confine my remarks to something of an elaboration of the details of the construction of those lines with which I was personally identified, more especially that which first of all linked the two oceans together. Before proceeding with this, however, a Single observation in reference to the priority of claim may not be uninteresting or out of place. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book A Historical Review of the New York and Erie Railroad Classic Reprint written by Eleazar Lord and published by Forgotten Books. This book was released on 2018-10-06 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from A Historical Review of the New York and Erie Railroad Their military object made it necessary for them-to traverse and reconnoiter the valleys of the rivers which intersect or border those counties; the feas ibility of which, for a national avenue to the West, then felt to be necessary for military purposes, and foreseen to be necessary for civil and social objects, seems to have suggested and induced them to propose, what they termed, an Appz'an Way, to be constructed under the direction of the General Government. They accordingly, by correspondence with individ uals, and by means of the public prints, called the8 the new york and erie railroad. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book Government Partnership in Railroads Classic Reprint written by Mark Wymond and published by Forgotten Books. This book was released on 2017-10-11 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Government Partnership in Railroads The public has demanded low rates and we have the lowest rates in the world. It has demanded ade quate facilities and our roads are by far the best equipped in the world. The securing of adequate facilities, and at the same time granting low rates, has taxed the ingenuity of railroad officials to the limit. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book The Working of the Railroads written by and published by . This book was released on 1970 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Railroad Problem Classic Reprint written by Edward Hungerford and published by . This book was released on 2015-07-21 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Railroad Problem On a certain estate there dwells a large family of brothers and sisters. There are many of them and there is great variety in their ages. They are indifferent to their neighbors; they deem themselves quite self-sufficient. But, for the most part they are an industrious family. They are a family of growing wealth - in fact, in every material sense they may already be called rich. And their great estate is slowly beginning to reach its full development. In this family there are several older brothers who long since attained a strength and dominance over some of the younger members of the family. It is one of these brothers about whom this book is written. It does not assume to be a story of his life. That story has been told by abler pens. It merely aims to be a brief recital of his present condition. For, truth to tell, this older brother has come upon hard times. After a long life of hard work, at a time when his service should be of greatest value to the estate, he has broken down. He has begun to fail - and in an hour when the greedy neighbors grow contentious and he may be of greatest service to his own big family. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book Railroad Promotion and Capitalization in the United States Classic Reprint written by Frederick A. Cleveland and published by Forgotten Books. This book was released on 2015-07-06 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Railroad Promotion and Capitalization in the United States The work was begun by me eight years ago, and formulated as a first draft while connected with the University of Pennsylvania. In 1905, Mr. Fred. Wilbur Powell undertook to assist in the collection of scattered materials from the many libraries where early periodicals and documents might be found, since which time he has been almost continuously in collaboration. The cost of this part of the work and of preparing an exhaustive bibliography has been largely borne by Carnegie Institution. Subjects pertaining to the financing of construction and equipment, financial management, bankruptcy, receivership, reorganization, and consolidation will be presented at a later date. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book American Railroads written by William James Cunningham and published by Forgotten Books. This book was released on 2016-09-20 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from American Railroads: Government Control and Reconstruction Policies Up to the middle of the decade 1900 to 1910, the steady growth in traffic and the economies from improved Operating methods, enabled the rail roads to absorb the burden of higher wages and other costs, and to move the traffic at lower rates per ton-mile. The net income was sufficient to pay a reasonable rate of return on securities and to attract new capital when needed. New lines. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
