The Government And the Railways
The Government And the Railways
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In our eReader you can find the full English version of the book. Read The Government And the Railways 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 Government And the Railways
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The policy of dealing above g board with the government, public and shipper, will become the real asset of the railroads. The government is the best agency to give dignified and * effective exploitation of that plan. If a railroad corporation desires to work out a project of extension or improve- ment, and votes a perfectly honest issue of securities, with every intent to disburse them in good faith, the very essence of the whole transaction in- spires confidence which will be wide- spread if s...ome agency without the railroad organization certifies the legitimacy of the enterprise.
I introduce, therefore, entirely re- gardless of the objections that have been raised to the plan, the suggestion that ultimate relief will never come until the Interstate Commerce Com- mission passes upon the issuance of securities. Now, let us analyze this proposal.
FEDERAL SUPERVISION Suppose the Pennsylvania Railroad Company desired to issue $50, 000, 000 in bonds — and I cannot mention the Pennsylvania Railway Company with- out making this observation, that out in our country we believe that its honor has never been stained — (great applause) — and it prepares to issue these securities.
What to read after The Government And the Railways?
You can find similar books in the "Read Also" column, or choose other free books by James M James Middleton Cox to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The policy of dealing above g board with the government, public and shipper, will become the real asset of the railroads. The government is the best agency to give dignified and * effective exploitation of that plan. If a railroad corporation desires to work out a project of extension or improve- ment, and votes a perfectly honest issue of securities, with every intent to disburse them in good faith, the very essence of the whole transaction in- spires confidence which will be wide- spread if s...ome agency without the railroad organization certifies the legitimacy of the enterprise.
I introduce, therefore, entirely re- gardless of the objections that have been raised to the plan, the suggestion that ultimate relief will never come until the Interstate Commerce Com- mission passes upon the issuance of securities. Now, let us analyze this proposal.
FEDERAL SUPERVISION Suppose the Pennsylvania Railroad Company desired to issue $50, 000, 000 in bonds — and I cannot mention the Pennsylvania Railway Company with- out making this observation, that out in our country we believe that its honor has never been stained — (great applause) — and it prepares to issue these securities.
What to read after The Government And the Railways?
You can find similar books in the "Read Also" column, or choose other free books by James M James Middleton Cox to read onlineMoreLess
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