American Railroad Rates
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In our eReader you can find the full English version of the book. Read American Railroad Rates Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book American Railroad Rates
What reading level is American Railroad Rates book?
To quickly assess the difficulty of the text, read a short excerpt:
No man will pay more for any service — transportation or otherwise — than it is worth to him. Traffic cannot be charged beyond its ability to pay. If it is it will not move. The difference LIMITATIONS OF RATES 31 between the worth of the service and the charge measures the inducement to shipments.
The out-of-pocket expense fixes the minimum charge. A rate cannot be made lower than the additional cost of rendering the particular service. The extra outlay must be compensated for or the railroad w...ill be the loser by doing the work. A railroad may cut rates to develop business, but it must obtain from each item of traffic at least suf- ficient to pay the expenses which would not have been incurred had that traffic not been handled. No conditions can justify a lower charge. But it is urged that losing rates are defensible when given temporarily in order to stimulate industries and build up paying business at particular localities — that future profits may more than offset present losses.
What to read after American Railroad Rates?
You can find similar books in the "Read Also" column, or choose other free books by Walter Chadwick Noyes to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
No man will pay more for any service — transportation or otherwise — than it is worth to him. Traffic cannot be charged beyond its ability to pay. If it is it will not move. The difference LIMITATIONS OF RATES 31 between the worth of the service and the charge measures the inducement to shipments.
The out-of-pocket expense fixes the minimum charge. A rate cannot be made lower than the additional cost of rendering the particular service. The extra outlay must be compensated for or the railroad w...ill be the loser by doing the work. A railroad may cut rates to develop business, but it must obtain from each item of traffic at least suf- ficient to pay the expenses which would not have been incurred had that traffic not been handled. No conditions can justify a lower charge. But it is urged that losing rates are defensible when given temporarily in order to stimulate industries and build up paying business at particular localities — that future profits may more than offset present losses.
What to read after American Railroad Rates?
You can find similar books in the "Read Also" column, or choose other free books by Walter Chadwick Noyes to read onlineMoreLess
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