Government Regulation of Railway Rates, a Study of the Experience of the United States, Germany, France, Austria-Hungary, Russia, And Australia
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But the wholesale dealer who had purchased in Melbourne had already paid a freight charge of 0.75 cent per ton-mile to have the freight brought from Melbourne. Hence, by the time the com- modities purchased of the wholesaler located 100 miles in the interior will have reached the mer- chant located 150 miles in the interior, they will have paid an average charge of 0.83 cent per ton- AUSTRALIA 195 mile, as against an average charge of 0.6 paid by commodities purchased directly in Melbourne. It ...is obvious that, under these conditions, it will be im- possible to establish a distributing trade in the inter- mediate interior towns. And that has been precisely the experience of each Australian colony. For ex- ample, when the railways of Victoria terminated at Ballarat, 100 miles in the interior, that town had a considerable wholesale trade, the commodities being distributed by horse and wagon to the smaller in- terior towns. But when the railways were extended beyond Ballarat, it became more profitable for the merchants of the smaller towns beyond Ballarat to purchase in Melbourne.
What to read after Government Regulation of Railway Rates, a Study of the Experience of the United States, Germany, France, Austria-Hungary, Russia, And Australia?
You can find similar books in the "Read Also" column, or choose other free books by Meyer, Hugo Richard, 1866-1923 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
But the wholesale dealer who had purchased in Melbourne had already paid a freight charge of 0.75 cent per ton-mile to have the freight brought from Melbourne. Hence, by the time the com- modities purchased of the wholesaler located 100 miles in the interior will have reached the mer- chant located 150 miles in the interior, they will have paid an average charge of 0.83 cent per ton- AUSTRALIA 195 mile, as against an average charge of 0.6 paid by commodities purchased directly in Melbourne. It ...is obvious that, under these conditions, it will be im- possible to establish a distributing trade in the inter- mediate interior towns. And that has been precisely the experience of each Australian colony. For ex- ample, when the railways of Victoria terminated at Ballarat, 100 miles in the interior, that town had a considerable wholesale trade, the commodities being distributed by horse and wagon to the smaller in- terior towns. But when the railways were extended beyond Ballarat, it became more profitable for the merchants of the smaller towns beyond Ballarat to purchase in Melbourne.
What to read after Government Regulation of Railway Rates, a Study of the Experience of the United States, Germany, France, Austria-Hungary, Russia, And Australia?
You can find similar books in the "Read Also" column, or choose other free books by Meyer, Hugo Richard, 1866-1923 to read onlineMoreLess
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