Combination, Not Competition of Railroads

Combination, Not Competition of Railroads PDF Author: Lee Blewett
Publisher: Wentworth Press
ISBN: 9780526499168
Category : Technology & Engineering
Languages : en
Pages : 28

Get Book Here

Book Description
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Combination, Not Competition of Railroads

Combination, Not Competition of Railroads PDF Author: Lee Blewett
Publisher: Wentworth Press
ISBN: 9780526499168
Category : Technology & Engineering
Languages : en
Pages : 28

Get Book Here

Book Description
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Combination, Not Competition of Railroads (Classic Reprint)

Combination, Not Competition of Railroads (Classic Reprint) PDF Author: Blewett Lee
Publisher:
ISBN: 9781331722151
Category : Reference
Languages : en
Pages : 32

Get Book Here

Book Description
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.

Combination, Not Competition of Railroads

Combination, Not Competition of Railroads PDF Author: Blewett Lee
Publisher: Palala Press
ISBN: 9781359708359
Category :
Languages : en
Pages :

Get Book Here

Book Description
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

For the Railroads (Classic Reprint)

For the Railroads (Classic Reprint) PDF Author: Harry Turner Newcomb
Publisher:
ISBN: 9781332847556
Category : Reference
Languages : en
Pages : 196

Get Book Here

Book Description
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.

The Government and the Railroads (Classic Reprint)

The Government and the Railroads (Classic Reprint) PDF Author: Otto H. Kahn
Publisher: Forgotten Books
ISBN: 9780267443512
Category : Political Science
Languages : en
Pages : 32

Get Book Here

Book Description
Excerpt from The Government and the Railroads With the enactment of the Hepburn Bill, during President Roosevelt's second administration, began the modern era of railroad regulation and rate control by commissions. It was a measure of radical inno vation and far - reaching importance, and it ought to have been given a fair test in practical operation for a sufficient length of time. Instead, President Taft, in 1909, felt called upon to propose a new and drastic measure of railroad legislation. He embodied his recommendations on the subject in a bill which was duly introduced in Congress. It was far from being a perfect piece of legislation. The odor of politics was not absent from it. It was considered by the railroads, and in business circles generally, as um called for, unwise, and as unduly burdensome and restrictive in various important respects. But at least it was a consistent and carefully matured meas ure. It was the formal and official expression of the views of the Taft Administration, the second import ant measure put forward by it. It offered the first real test of the capacity for leadership and fighting edge of the President and his Cabinet, and they failed in it lamentably. 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.

The Importance of Competition Between Railways (Classic Reprint)

The Importance of Competition Between Railways (Classic Reprint) PDF Author: Edward Dudley Kenna
Publisher: Forgotten Books
ISBN: 9781333276621
Category : Reference
Languages : en
Pages : 50

Get Book Here

Book Description
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.

The Railroads and the Commerce Clause (Classic Reprint)

The Railroads and the Commerce Clause (Classic Reprint) PDF Author: Francis Cope Hartshorne
Publisher: Forgotten Books
ISBN: 9781528544603
Category : Reference
Languages : en
Pages : 190

Get Book Here

Book Description
Excerpt from The Railroads and the Commerce Clause So much attention having been attracted to the subject of railroad legislation by the passage of the Interstate Commerce Act, and the litigation it has given rise to, and by the active steps taken in many States toward the regulation of railroads, it occurred to the author that the time was ripe for a work on the constitutional relations of the rail roads to the National government, especially as those relations grow out of and are defined by the Commerce Clause. In investigating this subject the author soon came to the conclusion, that this work would be incomplete if it did not also contain a consideration of the reciprocal effects of the National and State powers over railroads. 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.

National Consolidation of the Railways, of the United States (Classic Reprint)

National Consolidation of the Railways, of the United States (Classic Reprint) PDF Author: George Henry Lewis
Publisher:
ISBN: 9781528473811
Category : Reference
Languages : en
Pages : 352

Get Book Here

Book Description


The Working of the Railroads (Classic Reprint)

The Working of the Railroads (Classic Reprint) PDF Author: Logan G. McPherson
Publisher: Forgotten Books
ISBN: 9780265232422
Category : Reference
Languages : en
Pages : 280

Get Book Here

Book Description
Excerpt from The Working of the Railroads The contents of this book are constituted, with some modifications, of the lectures delivered by the author in the Course on Transportation at Johns Hopkins University in the Spring of 1906. 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.

RAILROADS

RAILROADS PDF Author: American Geographical Society of N York
Publisher: Forgotten Books
ISBN: 9780243875160
Category : Business & Economics
Languages : en
Pages : 64

Get Book Here

Book Description
Excerpt from Railroads: Statements and Reflections Thereon: Particularly With Reference to the Proposed Railroad Without a Tunnel, and the Competition for the Line Between London and Brighton Of the three propositions before the Committee of the House of Commons, viz. Sir John Rennie's, Mr. Stephenson's, and Mr. Cundy's, it is irrefragable that the first is inferior to the other two, on account of the great length of its tunnels, and the dangerous steepness of its inclined planes. Including Shoreham, it is 55 9 miles in length, and has no fewer than five tunnels delightful specimens of Tartarus, by way of preparing visitors for the Elysium of Brighton. It presents, besides, 22 undulating inclined planes, of which 6 rise 20 feet per mile, for the distance of 22 miles and 23 chains, and require the power of 1 7 lbs. Per ton to work them 15 miles per hour, or 89 minutes. Another of these planes is 1 mile 60 chains, with a rise of 47 feet per mile, and will require a station engine and a power of 29 lbs. Per ton, to work it 9 miles per hour, or 18% minutes: the whole together making 24 miles 3 chains, or 107% minutes. The remaining 31 miles 37 chains may he travelled at the average of 30 miles an hour, or 634; minutes. 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.