Railway Regulation State And Interstate
Railway Regulation State And Interstate
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In our eReader you can find the full English version of the book. Read Railway Regulation State And Interstate 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 Railway Regulation State And Interstate
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To quickly assess the difficulty of the text, read a short excerpt:
The con- sumers" were multiplying. If the railways were to control the highways, the alliance was inevitable. The trusts were com- ing in under the system.
RxilLWAY CONSOLIDATION AND MONOPOLY.
The motives which promoted consolidation of the railways of the country into six great groups, operates with powerful effect in concentrating shipments in a few hands, with a view to large traffic transactions. A rate slightly to the advantage of one company must ultimately give the favored concerns all o...f the business.
As an abstract economic proposition it may be true that in- creased profits in the hands of a few shippers may allow larger development than under conditions where the business is di- vided, but it is certainly harmful to any community from social or economic consideration. Wealth may be more rap- idly accumulated when one individual or a combination of individuals secure a monopoly of the business of any town or city, but the thrift and prosperity of every community de- pend upon a general, even though moderate succcess coming to the largest possible number.
What to read after Railway Regulation State And Interstate?
You can find similar books in the "Read Also" column, or choose other free books by Robert M Robert Marion La Follette to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The con- sumers" were multiplying. If the railways were to control the highways, the alliance was inevitable. The trusts were com- ing in under the system.
RxilLWAY CONSOLIDATION AND MONOPOLY.
The motives which promoted consolidation of the railways of the country into six great groups, operates with powerful effect in concentrating shipments in a few hands, with a view to large traffic transactions. A rate slightly to the advantage of one company must ultimately give the favored concerns all o...f the business.
As an abstract economic proposition it may be true that in- creased profits in the hands of a few shippers may allow larger development than under conditions where the business is di- vided, but it is certainly harmful to any community from social or economic consideration. Wealth may be more rap- idly accumulated when one individual or a combination of individuals secure a monopoly of the business of any town or city, but the thrift and prosperity of every community de- pend upon a general, even though moderate succcess coming to the largest possible number.
What to read after Railway Regulation State And Interstate?
You can find similar books in the "Read Also" column, or choose other free books by Robert M Robert Marion La Follette to read onlineMoreLess
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