Restrictive Railway Legislation
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In our eReader you can find the full English version of the book. Read Restrictive Railway Legislation Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Restrictive Railway Legislation
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A reasonable minimum rate is one which enables the carrier to do business without actual loss. This, therefore, is the proper relation which should exist between a railroad company and its local shippers in the establishment of just and rea- sonable rates on the basis of what the traffic will bear. An argument in favor of protective tariffs is also favor- able to charging what the traffic will bear, inasmuch as the extra charge on the more valuable commodity enables the company to charge propor...tionately less profit on the cheaper and more necessary commodities, not only to the benefit of the consumers but also to the greater profit of the capitalists and laborers thus encouraged to engage in the production of such com- modities as coal, etc.
The practical rate-maker does not originate or create rates. He cannot tear out the foundations of the system to which business has become accommodated; he can only rebuild parts of the superstructure upon the same foundation. He does nothing ab initio, but RATE-MAKING 183 with reference to what has been done before.
What to read after Restrictive Railway Legislation?
You can find similar books in the "Read Also" column, or choose other free books by Henry Stevens Haines to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
A reasonable minimum rate is one which enables the carrier to do business without actual loss. This, therefore, is the proper relation which should exist between a railroad company and its local shippers in the establishment of just and rea- sonable rates on the basis of what the traffic will bear. An argument in favor of protective tariffs is also favor- able to charging what the traffic will bear, inasmuch as the extra charge on the more valuable commodity enables the company to charge propor...tionately less profit on the cheaper and more necessary commodities, not only to the benefit of the consumers but also to the greater profit of the capitalists and laborers thus encouraged to engage in the production of such com- modities as coal, etc.
The practical rate-maker does not originate or create rates. He cannot tear out the foundations of the system to which business has become accommodated; he can only rebuild parts of the superstructure upon the same foundation. He does nothing ab initio, but RATE-MAKING 183 with reference to what has been done before.
What to read after Restrictive Railway Legislation?
You can find similar books in the "Read Also" column, or choose other free books by Henry Stevens Haines to read onlineMoreLess
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