The Illinois Central a Centennial View
The Illinois Central a Centennial View
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In our eReader you can find the full English version of the book. Read The Illinois Central a Centennial View 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 Illinois Central a Centennial View
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Finally, an agreement was reached whereby the government claimed the right to use the company's roadway without compensation, but agreed to compen- sate the railroad for the use of its motive power, passenger and freight cars, and other facilities. The amount agreed upon was the normal rate al- lowed non-land-grant railroads for pas- senger and freight service, less 33¥i percent said to be due the government for "charter" privileges.
12 CURRENT ECONOMIC COMMENT The agreement reached between the... United States government and the Illi- nois Central Railroad on August 15, 1861, was continued in force through- out the war. Except for numerous com- plaints on the part of the railroads and occasional efforts in Congress to bring about a more literal interpretation of the "free from any toll" clause, it re- mained as the guiding principle in the relationship between government and the land-grant railroads until all claims to land-grant rates were finally aban- doned within the past decade.
The experience of the Civil War caused an entirely new estimate to be placed upon the value of railroads in modern warfare.
What to read after The Illinois Central a Centennial View?
You can find similar books in the "Read Also" column, or choose other free books by Robert Mize Sutton to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Finally, an agreement was reached whereby the government claimed the right to use the company's roadway without compensation, but agreed to compen- sate the railroad for the use of its motive power, passenger and freight cars, and other facilities. The amount agreed upon was the normal rate al- lowed non-land-grant railroads for pas- senger and freight service, less 33¥i percent said to be due the government for "charter" privileges.
12 CURRENT ECONOMIC COMMENT The agreement reached between the... United States government and the Illi- nois Central Railroad on August 15, 1861, was continued in force through- out the war. Except for numerous com- plaints on the part of the railroads and occasional efforts in Congress to bring about a more literal interpretation of the "free from any toll" clause, it re- mained as the guiding principle in the relationship between government and the land-grant railroads until all claims to land-grant rates were finally aban- doned within the past decade.
The experience of the Civil War caused an entirely new estimate to be placed upon the value of railroads in modern warfare.
What to read after The Illinois Central a Centennial View?
You can find similar books in the "Read Also" column, or choose other free books by Robert Mize Sutton to read onlineMoreLess
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