Current Railway Problems
Current Railway Problems
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In our eReader you can find the full English version of the book. Read Current Railway Problems 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 Current Railway Problems
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The second reason why the traffic managers reduced rates was that they hoped thereby to develop so much additional traffic that the net returns from it on the lower rates would exceed the net returns from a smaller traffic on the higher rates. Often this hope was disappointed; then, whenever practicable, the old rates were restored. The desire to increase earnings is just as prevalent and strong today as ever; and the traffic managers still manifest it not only by raising the rates on commoditi...es the volume of whose movement they think will not thereby be reduced, but also by reducing them on com- modities the volume of whose movement they think will thereby be largely increased. They seek constantly to make that adjustment which will yield the railway the largest per- manent return, and they know that in the long run they will get the largest return by making no rates that are lower, and none that are higher, than the traffic easily can bear. The enormous increase of traffic shows that, as a whole, the rates of American railways are not burdensome to commerce, but are admirably adapted to foster its growth.
What to read after Current Railway Problems?
You can find similar books in the "Read Also" column, or choose other free books by Dunn, Samuel Orace, 1877- to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The second reason why the traffic managers reduced rates was that they hoped thereby to develop so much additional traffic that the net returns from it on the lower rates would exceed the net returns from a smaller traffic on the higher rates. Often this hope was disappointed; then, whenever practicable, the old rates were restored. The desire to increase earnings is just as prevalent and strong today as ever; and the traffic managers still manifest it not only by raising the rates on commoditi...es the volume of whose movement they think will not thereby be reduced, but also by reducing them on com- modities the volume of whose movement they think will thereby be largely increased. They seek constantly to make that adjustment which will yield the railway the largest per- manent return, and they know that in the long run they will get the largest return by making no rates that are lower, and none that are higher, than the traffic easily can bear. The enormous increase of traffic shows that, as a whole, the rates of American railways are not burdensome to commerce, but are admirably adapted to foster its growth.
What to read after Current Railway Problems?
You can find similar books in the "Read Also" column, or choose other free books by Dunn, Samuel Orace, 1877- to read onlineMoreLess
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