Regulation of Railways: Including a Discussion of Government Ownership ...
Regulation of Railways: Including a Discussion of Government Ownership ...
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To quickly assess the difficulty of the text, read a short excerpt:
It would be astonishing if this mass of regulatory measures did not include some that were good. But those which have been conceived in intelligence and public spirit and brought forth in justice are so few compared with the total that great diflSculty is experienced in finding them.
In most cases the law-making and administering bodies have not really tried to ascertain the conditions to be dealt with, the true evils to be remedied or the effects that their laws or orders would produce. The re...sults of such regulation have not been, and could not be, good.
Excessive competition has been mentioned as one of the causes of the shortcomings of our railway service.
The regulating authorities have acted so as to compel competition. The various anti-trust laws, and espe* cially the federal anti-trust law, have been rigorously applied to railways. Consolidations, agreements and other arrangements to moderate competition have been treated as crimes Active competition in service is in- compatible with rendering the maximum possible serv- ice with any given facilities; and it is mainly to elimi- nate competitive service that the government has taken control of railroad operation for the rest of the war.
What to read after Regulation of Railways: Including a Discussion of Government Ownership ...?
You can find similar books in the "Read Also" column, or choose other free books by Dunn, Samuel Orace, 1877- to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
It would be astonishing if this mass of regulatory measures did not include some that were good. But those which have been conceived in intelligence and public spirit and brought forth in justice are so few compared with the total that great diflSculty is experienced in finding them.
In most cases the law-making and administering bodies have not really tried to ascertain the conditions to be dealt with, the true evils to be remedied or the effects that their laws or orders would produce. The re...sults of such regulation have not been, and could not be, good.
Excessive competition has been mentioned as one of the causes of the shortcomings of our railway service.
The regulating authorities have acted so as to compel competition. The various anti-trust laws, and espe* cially the federal anti-trust law, have been rigorously applied to railways. Consolidations, agreements and other arrangements to moderate competition have been treated as crimes Active competition in service is in- compatible with rendering the maximum possible serv- ice with any given facilities; and it is mainly to elimi- nate competitive service that the government has taken control of railroad operation for the rest of the war.
What to read after Regulation of Railways: Including a Discussion of Government Ownership ...?
You can find similar books in the "Read Also" column, or choose other free books by Dunn, Samuel Orace, 1877- to read onlineMoreLess
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