Panama Canal Tolls Symposium of Views Protesting Against a Surrender of Americ
Panama Canal Tolls Symposium of Views Protesting Against a Surrender of Americ
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In our eReader you can find the full English version of the book. Read Panama Canal Tolls Symposium of Views Protesting Against a Surrender of Americ 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 Panama Canal Tolls Symposium of Views Protesting Against a Surrender of Americ
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To quickly assess the difficulty of the text, read a short excerpt:
While Mr. James J. Hill, if he is correctly reported, has said, in his opinion, that such competition would not injure the railroads or seriously interfere with their business, it is my understanding that experts before the committee testified that not more than 10 per cent of the traffic carried by the railroads would be directly affected by vessels running through the canal. It can not greatly injure the railroads if we are to believe the only evidence we have upon the subject, and if we are ...to exercise common and ordinary judgment, but it might reduce their earnings.
This is the foundation of the objection to free tolls, if we have a free canal for coastwise trade it will take away from the railroads just that much of their power to arbitrarily fix freight rates. It will tend to destroy their abso- lute monopoly. It will give us an opportunity for the first Jlme in the history of this Nation to know what is the result of real competition between freight carried by land and water.
But, suppose, for the sake of the argument, that free tolls would bring a ruin- ous competition.
What to read after Panama Canal Tolls Symposium of Views Protesting Against a Surrender of Americ?
You can find similar books in the "Read Also" column, or choose other free books by Joseph R Joseph Russell Knowland to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
While Mr. James J. Hill, if he is correctly reported, has said, in his opinion, that such competition would not injure the railroads or seriously interfere with their business, it is my understanding that experts before the committee testified that not more than 10 per cent of the traffic carried by the railroads would be directly affected by vessels running through the canal. It can not greatly injure the railroads if we are to believe the only evidence we have upon the subject, and if we are ...to exercise common and ordinary judgment, but it might reduce their earnings.
This is the foundation of the objection to free tolls, if we have a free canal for coastwise trade it will take away from the railroads just that much of their power to arbitrarily fix freight rates. It will tend to destroy their abso- lute monopoly. It will give us an opportunity for the first Jlme in the history of this Nation to know what is the result of real competition between freight carried by land and water.
But, suppose, for the sake of the argument, that free tolls would bring a ruin- ous competition.
What to read after Panama Canal Tolls Symposium of Views Protesting Against a Surrender of Americ?
You can find similar books in the "Read Also" column, or choose other free books by Joseph R Joseph Russell Knowland to read onlineMoreLess
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