Argument Before the Committee On Commerce of the Senate of the United States in
Argument Before the Committee On Commerce of the Senate of the United States in
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B. We think we are entirely justified in saying that, aside from the drawbacks which we condemn, upon the great through traffic, and which we hope a bill can be so framed as to reach, nine-tenths of the remainder are based upon valid and just contracts, considerations of quantity, regularity, the supply of the raw material, and the shipment of the per- fected product.
For example : A manufacturing establishment is erected in New Jersey, contiguous to New York. It desires in each and every month... 50 car loads of supply, and will for- ward 25 of product. To be assured of such quantity and regularity, by which station, train, and other expenses can be regulated with certainty, is a valuable railway consider- ation, and if after providing facilities upon such assurance, the railway fall materially short of the assured traffic it would disarrange its plans and increase rather than decrease the expenses provided to meet them. A new siding is, for instance, provided, a i;ew storehouse erected, an additional clerk, and more laborers required ; and to secure the rail- way for this outlay, and, at the same time, provide a penalty for the non-fulfillment of such an engagement, it has become a wise custom to charge a specific or local rate, and at the end of fixed periods refund to the contracting party an amount justified by the volume and regularity of the traffic ; or impose the penalty of withholding the excess in case of his failure to comply with the terms of his agreement.
What to read after Argument Before the Committee On Commerce of the Senate of the United States in?
You can find similar books in the "Read Also" column, or choose other free books by George R George Roberts Blanchard to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
B. We think we are entirely justified in saying that, aside from the drawbacks which we condemn, upon the great through traffic, and which we hope a bill can be so framed as to reach, nine-tenths of the remainder are based upon valid and just contracts, considerations of quantity, regularity, the supply of the raw material, and the shipment of the per- fected product.
For example : A manufacturing establishment is erected in New Jersey, contiguous to New York. It desires in each and every month... 50 car loads of supply, and will for- ward 25 of product. To be assured of such quantity and regularity, by which station, train, and other expenses can be regulated with certainty, is a valuable railway consider- ation, and if after providing facilities upon such assurance, the railway fall materially short of the assured traffic it would disarrange its plans and increase rather than decrease the expenses provided to meet them. A new siding is, for instance, provided, a i;ew storehouse erected, an additional clerk, and more laborers required ; and to secure the rail- way for this outlay, and, at the same time, provide a penalty for the non-fulfillment of such an engagement, it has become a wise custom to charge a specific or local rate, and at the end of fixed periods refund to the contracting party an amount justified by the volume and regularity of the traffic ; or impose the penalty of withholding the excess in case of his failure to comply with the terms of his agreement.
What to read after Argument Before the Committee On Commerce of the Senate of the United States in?
You can find similar books in the "Read Also" column, or choose other free books by George R George Roberts Blanchard to read onlineMoreLess
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