Railway Economics by HT Newcomb

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Railway Economics by HT Newcomb
Railway Economics by HT Newcomb
Hard Cover
Stamp inside front cover, Name written on first page, very tiny piece missing from title page
152 pages
Copyright 1898
CONTENTS
I. Transportation7
Ii. Railway Service In The United States . . . . 12
Iii. Capitalization  17
Iv. Income And Expenditure  22
V. The Decline In Charges  27
Vi. Rates And Prices  33
Vii. Causes Of Tiie Decline In Charges  38
Viii. Competition Among Railways And The Decline In Charges  43
Ix. Competition Among Producers And The Decline In Charges  49
X. The Law Of Increasing Returns  55
Xi. Increasing Use Of Railway Facilities . . .  60
Xii. Socially Profitable Transportation . .   65
Xiii. How Socially Unprofitable Transportation May Occur  70
Xiv. Should The Business Of Railway Transportation Be Remunerative  75
Xv. Energy Expended On Joint Account 80
Xvi. Relatively Reasonable Rates . ..84
Xvii. Unjust Discrimination In General  89
Xviii. Unjust Discrimination Among Individuals .  93
Xix. Unjust Discrimination Among Places . . .  98
Xx. Charges For Long And Short Hauls  104
Xxi. Unjust Discrimination Among Commodities .  110
Xxii. The Present Adjustment Of Rates  115
Xxiii. Consolidation  120
Xxiv. Pooling Prior To I887  125
Xxv. Pooling Under Federal Supervision . . .  130
Xxvi. Pooling, Consolidation, Or Unjust Discrimination  134
Xxvii. Associations  138
Xxviii. Taxation   143
Xxix. Construction  148
PREFACE
THIS little work, originally prepared for serial publication in the RAILWAY WORLD, was intended to present the principal facts which establish the position of railway transportation in the present organization of industry in the United States, with only so much of comment and discussion as seemed absolutely necessary in order to define the relations among those facts. The present publication is due to the belief that while more extended treatment of some of the subjects than is here given is unquestionably desirable, a concise and untechnical statement may, in view of the necessities of the present situation, prove more generally serviceable than a larger and more ambitious work.
H. T. N.   U. S. Department of Agriculture.        WASHINGTON, October, 1898.
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