An Investigation Into The Cost Of Transportation On American Railroads

Author : Harry Gunnison Brown
Publisher : Forgotten Books
ISBN 13 : 9781330148082
Total Pages : 373 pages
Book Rating : 4.1/5 (48 download)

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Download or read book Transportation Rates and Their Regulation written by Harry Gunnison Brown and published by Forgotten Books. This book was released on 2015-06-24 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Transportation Rates and Their Regulation: A Study of the Transportation Costs of Commerce With Especial Reference to American Railroads In writing this book, I have aimed to present a complete theory of transportation rates and their regulation, to illustrate this theory with a sufficient number of concrete cases arising in actual regulation to make the reader or student feel that the presentation is thoroughly practical, and, throughout, to keep before the reader a realization of the relation of rate making to trade, testing each rate structure or regulation by its probable effect in securing or failing to secure the maximum of really profitable commerce and the largest economic well-being of the community. Whether a given level of rates is so high that, like tariff restrictions, it will prevent commerce which ought to take place, or whether it is so low (less than cost) that, like most bounties, it will encourage commerce that ought not to take place, or whether rates are discriminatory in such a way as to affect commerce injuriously, are the questions kept constantly in view. As a protective tariff may prevent profitable trade, so may monopolistic transportation rates. As the protective policy may, perhaps, benefit persons in one section of a country at the expense of those in another section, so discriminating transportation rates may arbitrarily build up one city and ruin another. As tariff protection may divert a country's industry out of its most profitable channels, so may discriminating railroad rates arbitrarily encourage one industry in a given territory or section and discourage another. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.