Annual Report of the Board of Railroad Commissioners 1884

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The Board did not then feel authorized to condemn the terms as unreasonable, although it regarded reduction of cost and increase of accommodation as very desirable. It did not undertake to say what would be reasonable terms, or even to decide what it costs to carry a ton of coal from Boston to Lowell. Nor have sufficient data been furnished even now to enable us to answer that question. But, in view of the great reduction made and of the facilities furnished, we can say that the charge has not
...been proved to be so unreasonable as to call for the action of the Board under the statute.
Certainly the general result of the operations of this compan}- does not show that the profits have been excessive, for its gains have been moderate, and its average dividends have not of late years been un- reasonably large. Nor can it be said that, while other rates are low, the tariff on coal is high, as compared with general freight. Upon this as upon other roads coal is from its nature and from general policy carried at the lowest rates.


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