Simple Truths : the English Version of a Small Treatise On Political Economy for the Information of Chinamen
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In our eReader you can find the full English version of the book. Read Simple Truths : the English Version of a Small Treatise On Political Economy for the Information of Chinamen 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 Simple Truths : the English Version of a Small Treatise On Political Economy for the Information of Chinamen
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To quickly assess the difficulty of the text, read a short excerpt:
China is now starting railways, and it is important that she should consider the best mode of managing these railways, so as to increase the wealth of the country. In some countries the railways are built by the Governments ; in such case the Government ■ obviously fixes fares and freights ; the rate of such fares and freights should be high enough to pay the interest on the amount of money expended, the working expenses, and wear and tear. If the Government charges more than this rate it is ta...xing the railway travellers and customers more than the rest of the community ; if it charges less it is practically giving the railway travellers, &c., a bonus for travel- ling, &c., for it is charging them less than it costs.
This is the case in some parts of Australia, where work- men's trains are run at a loss. This is economically wrong, and can only be justified as a temporary measure under exceptional circumstances. One of the injuries such action inflicts is that it impairs the credit of the Government.
What to read after Simple Truths : the English Version of a Small Treatise On Political Economy for the Information of Chinamen?
You can find similar books in the "Read Also" column, or choose other free books by Gardner, Christopher Thomas to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
China is now starting railways, and it is important that she should consider the best mode of managing these railways, so as to increase the wealth of the country. In some countries the railways are built by the Governments ; in such case the Government ■ obviously fixes fares and freights ; the rate of such fares and freights should be high enough to pay the interest on the amount of money expended, the working expenses, and wear and tear. If the Government charges more than this rate it is ta...xing the railway travellers and customers more than the rest of the community ; if it charges less it is practically giving the railway travellers, &c., a bonus for travel- ling, &c., for it is charging them less than it costs.
This is the case in some parts of Australia, where work- men's trains are run at a loss. This is economically wrong, and can only be justified as a temporary measure under exceptional circumstances. One of the injuries such action inflicts is that it impairs the credit of the Government.
What to read after Simple Truths : the English Version of a Small Treatise On Political Economy for the Information of Chinamen?
You can find similar books in the "Read Also" column, or choose other free books by Gardner, Christopher Thomas to read onlineMoreLess
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