The Future of the Railroads Historic And Economic Facts for Railroad Men Ship
The Future of the Railroads Historic And Economic Facts for Railroad Men Ship
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In our eReader you can find the full English version of the book. Read The Future of the Railroads Historic And Economic Facts for Railroad Men Ship 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 The Future of the Railroads Historic And Economic Facts for Railroad Men Ship
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It seems to the writer that the Inter- state Commerce Commission, when attempting to adjust a rate, should endeavor to im- agine what rate would auto- matically exist under ideal competitive conditions, re- membering that ideal com- petition does not mean destructive or monopolistic competition. Experiments will doubtless be tried along more complicated and me- chanical lines, but the Com- mission will finally cast all these formulas and theories aside. Rates can be justly de- termined only by ...considering 109 what Avages employees would be receiving, w^hat dividends investors w^ould be obtaining, and what rates shippers w^ould be paying under an ideal com- petitive system where the rewards of all were great enough to permit of growth and yet small enough to pre- vent needless duplication.
The greatest opportunity, hoAvever, which the Interstate Commerce Commission has in rate-making is in the use of its power in directing the manu- facture and distribution of goods along economic lines.
What to read after The Future of the Railroads Historic And Economic Facts for Railroad Men Ship?
You can find similar books in the "Read Also" column, or choose other free books by Babson, Roger Ward, 1875-1967 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
It seems to the writer that the Inter- state Commerce Commission, when attempting to adjust a rate, should endeavor to im- agine what rate would auto- matically exist under ideal competitive conditions, re- membering that ideal com- petition does not mean destructive or monopolistic competition. Experiments will doubtless be tried along more complicated and me- chanical lines, but the Com- mission will finally cast all these formulas and theories aside. Rates can be justly de- termined only by ...considering 109 what Avages employees would be receiving, w^hat dividends investors w^ould be obtaining, and what rates shippers w^ould be paying under an ideal com- petitive system where the rewards of all were great enough to permit of growth and yet small enough to pre- vent needless duplication.
The greatest opportunity, hoAvever, which the Interstate Commerce Commission has in rate-making is in the use of its power in directing the manu- facture and distribution of goods along economic lines.
What to read after The Future of the Railroads Historic And Economic Facts for Railroad Men Ship?
You can find similar books in the "Read Also" column, or choose other free books by Babson, Roger Ward, 1875-1967 to read onlineMoreLess
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