Railway Rates And Government Control Economic Questions Surrounding These Subje

Cover Railway Rates And Government Control Economic Questions Surrounding These Subje
Railway Rates And Government Control Economic Questions Surrounding These Subje
Marshall Monroe Kirkman
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It also in many cases affects prices at the disturbed points so greatly and rapidly as to render it impossible for merchants and manufacturers to determine the market value of their goods in advance, making it impossible for them to meet the requirements of trade and the competition of other markets and industrial centers.
The pooling system, however crude, has been of great value to railway companies and the public. It will become more valuable as it is better under- stood and the machinery fo
...r governing it is per- fected. In order to secure its highest utility, it should receive the protection of the government. The expediency or wisdom of throwing around it this protection is disputed in the United States. But that it, or some equally effective measure, must be adopted sooner or later, there can be no doubt, if the necessities of the country, rather than its imaginary or romantic wants, are to be considered.
The theory and practice of the railway pool is right in princix)le and beneficent in practice.


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