The Speech of the Hon. Sir William Mulock, in the House of Commons, 26th August, 1903, on Comparison of Government and Opposition Scheme Respecting a Transcontinental Railway (Classic Reprint) - Hardcover

William Mulock

Hardcover

ISBN 10: 0260586900 ISBN 13: 9780260586902

Publisher: Forgotten Books, 2018

Excerpt from The Speech of the Hon. Sir William Mulock, in the House of Commons, 26th August, 1903, on Comparison of Government and Opposition Scheme Respecting a Transcontinental Railway

And the amounts, if expended, shall be added to the capital cost, and bear interest. If we choose to invest any money in betterments, we can submit to our tenants, the railway company, items of proposed expenditure; and if they consent, we can proceed to make the betterments, and they will become liable to pay rent, which is equivalent to interest, upon that expenditure.

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