The Concurrent Development of Traffic On Improved Waterways And On Railroads
The Concurrent Development of Traffic On Improved Waterways And On Railroads
Edward P North
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But aside from the influence of our, one time, free railroad building, these economies have in almost all instances been forced on our railroad managers by the com- petition of improved waterways; which while their traffic fed, and was fed by, the railroads, cut rates to an extent that called out high intellectual effort in the attempt to compete on a paying basis. This competition has resulted in our being able to produce and ship a third more freight per capita, despite oiir longer haul, than... any other people, and has filled our country with consumers, who, as James Bryce says in his "American Commonwealth, " "allow themselves luxuries such ac the masses enjoy in no other country. " And the traffic in luxuries as well as in passengers is generally transported by rail. There has been one noticeable instance in which the railroads led in improvements to waterways, forcing the deepening of the Lake channels. This was a consequence of the rate wars of the Seventies, which covered much of the United States, but was most intense between the roads connecting Chicago with New York.
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