Appleton's Business Series

OCEAN AND INLAND WATER

TRANSPORTATION

APPLETONS' BUSINESS SERIES.

The Work of Wall Street.

By SERENO S. PRATT. Illustrated. 12mo. Cloth, $1,25 net; postage, 12 cents additional.

Funds and Their Uses.

By FREDERICK A. CLEVELAND, Ph.D., of the
University of Pennsylvania. Illustrated. 12mo.
Cloth, $1.25 net; postage, 12 cents additional.

Trust Finance.

By Dr. EDWARD S. MEADE, of the Wharton School
of Finance, University of Pennsylvania.
Cloth, $1.25 net; postage, 12 cents additional.

Izmo.

American Railway Transportation.
By EMORY R. JOHNSON, of the Wharton School
of Finance, University of Pennsylvania. 12mo.
Cloth, $1.50 net; postage, 14 cents additional.

The Modern Bank.

By AMOS K. FISKE. Illustrated. 12mo. Cloth, $1.50 net; postage, 12 cents additional.

Modern Industrialism.

By FRANK L. MCVEY. 12mo. Cloth, $1.50 net; postage, 12 cents additional.

Modern Advertising.

By EARNEST ELMO CALKINS and RALPH HOLDEN. Illustrated. 12mo. Cloth, $1.50 net; postage, 12 cents additional.

The Life Insurance Company.

By WILLIAM ALEXANDER. 12mo. Cloth, $1.50 net; postage, 13 cents additional.

D. APPLETON AND COMPANY, NEW YORK.

OCEAN

AND INLAND WATER

TRANSPORTATION

BY

EMORY R. JOHNSON, PH.D.

PROFESSOR OF TRANSPORTATION AND COMMERCE

IN THE UNIVERSITY OF PENNSYLVANIA

MEMBER OF THE ISTHMIAN CANAL COMMISSION, 1899 TO 1904
PRESIDENT OF THE GEOGRAPHICAL SOCIETY OF PHILADELPHIA
AUTHOR OF "AMERICAN RAILWAY TRANSPORTATION "

INTER

FOLIA

NEW YORK

D. APPLETON AND COMPANY

COPYRIGHT, 1906, BY

D. APPLETON AND COMPANY

Published June, 1906