Synopsis
This book discusses the Interstate Commerce Commission report of 1914. Railroad companies in the United States appealed to the Interstate Commerce Commission to set freight rates at 5% higher than previously charged. The author notes railroad companies had experienced a steady decline in purchasing power and a substantial increase in the cost of railway operations and maintenance. This decline in purchasing power was exasperated by the fact that railroad companies were forced to accept payments in a currency that had depreciated in value over time, while having to pay for the goods and services they needed at inflated prices. The text also discusses the public policy of encouraging railroad investment and the importance of the railroad industry in the development of the country. The author notes private investment is essential to the development of railroads and that fostering such investment requires competitive rates that ensure a fair return.
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The Case for Increased Railroad Rates (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
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Paperback. Condition: New. Print on Demand. This book discusses the Interstate Commerce Commission report of 1914. Railroad companies in the United States appealed to the Interstate Commerce Commission to set freight rates at 5% higher than previously charged. The author notes railroad companies had experienced a steady decline in purchasing power and a substantial increase in the cost of railway operations and maintenance. This decline in purchasing power was exasperated by the fact that railroad companies were forced to accept payments in a currency that had depreciated in value over time, while having to pay for the goods and services they needed at inflated prices. The text also discusses the public policy of encouraging railroad investment and the importance of the railroad industry in the development of the country. The author notes private investment is essential to the development of railroads and that fostering such investment requires competitive rates that ensure a fair return. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781334612589_0
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The Case for Increased Railroad Rates Abstracts of Testimony and Arguments Presented to the Interstate Commerce Commission Classic Reprint
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781334612589
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The Case for Increased Railroad Rates Abstracts of Testimony and Arguments Presented to the Interstate Commerce Commission Classic Reprint
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781334612589
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