Side-Lights On Management World Systems Railways

Cover Side-Lights On Management World Systems Railways
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Owing to the habit of taking everything for granted, because it is English, this is not a much mooted question.
Should it be?
It will have to be 'ere long, or the steady piling up of capital stop.
Last year, with but forty-one miles added to the total mileage of the kingdom, there was a supple- mented capitalization of ninety millions, an average of two and a half millions of dollars a mile.
The year previous, with an increased mileage of two hundred and twenty-six miles, the additional capital
...ization was two hundred and twenty millions.
The year before that, an added mileage of two hundred and six miles and an increased capitaliza- tion of three hundred millions.
In the past ten years Great Britain has augmented her mileage by six hundred and twenty-seven miles, and, meantime, added a thousand two hundred and TWO MILLIONS PER MILE. 183 fifty millions to the total of her railway capitaliza- tion.
During the same period the United States has increased mileage equal to twenty per cent, in excess of the present total of British mileage, or twenty- four thousand three hundred and sixty miles, on an added capitalization of a thousand six hundred and fifty millions.


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