An Investor's Notes on American RailroadsG.P. Putnam's Sons, 1886 - 172 sider |
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... IIO · XVI . - STATE CONTROL XVII . GEOGRAPHICAL DIRECTION OF RAILROADS XVIII . SOME IMPORTANT DECISIONS 124 • 130 · 142 - XIX . SHORT APPENDIX , R. R. COMMISSIONERS , ETC. , 157 ļ AN INVESTOR'S NOTES ON AMERICAN RAILROADS . CHAPTER 1.
... IIO · XVI . - STATE CONTROL XVII . GEOGRAPHICAL DIRECTION OF RAILROADS XVIII . SOME IMPORTANT DECISIONS 124 • 130 · 142 - XIX . SHORT APPENDIX , R. R. COMMISSIONERS , ETC. , 157 ļ AN INVESTOR'S NOTES ON AMERICAN RAILROADS . CHAPTER 1.
Side 39
... Commissioners so reduce rates that the main line can pay little or nothing by way of dividend on its own stock . The holders of the securities of the leased line have reason to rejoice in their assured income . But the holders of the ...
... Commissioners so reduce rates that the main line can pay little or nothing by way of dividend on its own stock . The holders of the securities of the leased line have reason to rejoice in their assured income . But the holders of the ...
Side 53
... defi- nition by Railroad Commissioners of reasonable rates . But experience only repeated itself , and plainly showed that technical problems , which have for years defied solu- tion at the hands of the ablest experts , could POOLS . 53.
... defi- nition by Railroad Commissioners of reasonable rates . But experience only repeated itself , and plainly showed that technical problems , which have for years defied solu- tion at the hands of the ablest experts , could POOLS . 53.
Side 55
... Commissioner , and recognize that two and two make four , it is probable that the success of pools in this country would be assured . But , if they are of opinion that two and two make seven , their arbitrator , however able and honest ...
... Commissioner , and recognize that two and two make four , it is probable that the success of pools in this country would be assured . But , if they are of opinion that two and two make seven , their arbitrator , however able and honest ...
Side 59
... Commissioners ; the tendency of the people to re- gard railroad charters as benefits conferred on construct- ing companies , rather than as unfortunate bargains on the part of the grantees ; and the tendency of the courts to push beyond ...
... Commissioners ; the tendency of the people to re- gard railroad charters as benefits conferred on construct- ing companies , rather than as unfortunate bargains on the part of the grantees ; and the tendency of the courts to push beyond ...
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administration American railroads bonds capital charter citizens combination commercial Commissioners common carriers compensation competent competition concern considered Constitution construction contract Convertible bonds coupons course court demagogue desire dividends doubt duty earning economical Eminent Domain England enquirer enterprise ex post facto existing favour fixed charges floating debt foreign investor freight and passenger G. P. PUTNAM'S SONS Gladstone Government Granger holders impair incidents instance investment investor's point labour land lative leased lines legislation Let us suppose limited ment observer organized party passenger tariffs point of view political Political Economy pool produce profit protection purpose rail Railroad Commission railroad companies railroad corporation Railway Age ready money reasonable reserved power result risks road scarcely securities speculative statute stockholders supply and demand tion to-day trade transporting companies whole worth