Why Railroads Need Higher Rates

Cover Why Railroads Need Higher Rates
Why Railroads Need Higher Rates
E P Ripley
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As to the great bulk of the merchandise moved, it moves freely or otherwise according to the conditions of the time and the freight rate does not affect it.
Q. No, you have gotten just the wrong end of what I am trying to talk about, or perhaps I have not presented it to you correctly. In any fixed schedule such as now obtains over your line, if business is good there is more to move than when business is bad? A. Yes.
Q. That is undoubtedly so. Now, if when business is good, or to put it the ot
...her way, when business is bad, is your judg- ment such that it causes you to say if there was a pronounced diminution of the rates there still would not be an increased movement of the commodities? A. No, sir, there would not. Now, I do not mean by that that there are not certain things under certain conditions the movement of which would not be excited and increased by a concession in the rates. That has been the policy always. Perhaps it has been carried to an unreasonable extent, but always when the proper reasons are 61 shown to demonstrate that there would be an increase in the movement, it has been granted.

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