Argument of Burton Hanson General Solicitor Chicago Milwaukee And St Paul Ra

Cover Argument of Burton Hanson General Solicitor Chicago Milwaukee And St Paul Ra
Argument of Burton Hanson General Solicitor Chicago Milwaukee And St Paul Ra
Burton Hanson
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From this com- parison it appears that the rate which is 187. 77 per cent, higher than the average rate is actually lower than the rate which is 23. 2 per cent, below the aver- age, so far as results are concerned. This is a basis to which no rate comparison out of all the thousands that have been made, has never been reduced.
Revenue Determined by Traffic, Not Rate.
It should be understood that in all the discussion of the analysis of traffic presented herewith, the term average rate is used m
...erely as an arbitrary point of computation. The fact that a rate is above or below 30 this arbitrary point has no bearing whatever of itself on the question as to whether the rate is high or low. The actual amount received for transportation de- pends as much on the character and amount of the tonnage as it does on the rate. It is therefore neces- sary to arrive at a point at which the rate would be fixed, if an equal amount of tonnage were moved at each of the different rates, in order to compute the amount which a variation in amounts of tonnage at varying rates affects the result.

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