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" On the other hand, this theory is grossly unjust to prospective investors in that even when the investment is made with entire honesty and with reasonable prudence, — yet if, pending the building up of the new business, the plant depreciates below the... "
The Quarterly Journal of Economics - Side 843
redigert av - 1915
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Annual Report of the Public Service Commission, and the ... Annual ..., Del 1

Massachusetts. Public Service Commission - 1916 - 846 sider
...of excessive rates and a return upon that capitalization. This is to put a premium upon extortions, past and prospective. On the other hand, this theory...business, the plant depreciates below the fair cost to investors, rates must, under this theory, be made adequate to make return only upon the reproduction...
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Annual Report of the Public Service Commission, and the ... Annual ..., Del 2

Massachusetts. Public Service Commission - 1915 - 676 sider
...of excessive rates and a return upon that capitalization. This is to put a premium upon extortions, past and prospective. On the other hand, this theory...cost of the property in its depreciated condition. This amounts to saying that money lost during the earlier stages of a public service enterprise is...
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Annual Report of the Public Service Commission, Volum 2,Del 1

Massachusetts. Public Service Commission - 1915 - 668 sider
...of excessive fates and a return upon that capitalization. This is to put a premium upon extortions, past and prospective. On the other hand, this theory...cost of the property in its depreciated condition. This amounts to saying that money lost during the earlier stages of a public service enterprise is...
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The Bay State Rate Case: Report and Order, August 31, 1016. [P.s.c. 1085]

Massachusetts. Public Service Commission - 1916 - 124 sider
...reproduction cost less depreciation, the Commission made the folloVing comment (2 PSC Rep. 108): — On the other hand, this theory is grossly unjust to...cost of the property in its depreciated condition. This amounts to saying that money lost during the earlier stages of a public service enterprise is...
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Value for Rate-making

Henry Floy - 1916 - 342 sider
...of excessive rates and a return upon that capitalization. This is to put a premium upon extortions, past and prospective. On the other hand, this theory...reasonable prudence, yet if, pending the building up to the new business, the plant depreciates below the fair cost to the investors, rates must under this...
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Value for Rate-making

Henry Floy - 1916 - 346 sider
...investment is made with entire honesty and with reasonable prudence, yet if, pending the building up to the new business, the plant depreciates below the...cost of the property in its depreciated condition. This amounts to saying that money lost during the earlier stages of a public service enterprise is...
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Annual Report of the Public Service Commission, and the ... Annual ..., Del 1

Massachusetts. Public Service Commission - 1917 - 636 sider
...reproduction cost less depreciation, the Commission made the following comment (2 PSC Rep. 108) : — On the other hand, this theory is grossly unjust to...cost of the property in its depreciated condition. This amounts to saying that money lost during the earlier stages of a public service enterprise is...
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Annual Report of the Public Service Commission, and the ... Annual Report of ...

Massachusetts. Public Service Commission - 1917 - 636 sider
...reproduction cost less depreciation, the Commission made the following comment (2 PSC Rep. 108): — On the other hand, this theory is grossly unjust to...prudence, — yet if, pending the building up of the new busi40 APPENDIX — ORDERS. [Jan. ness, the plant depreciates below the fair cost to the investors,...
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Annual Report of the Public Service Commission, Volum 4

Massachusetts. Public Service Commission - 1917 - 636 sider
...reproduction cost less depreciation, the Commission made the following comment (2 PSC Rep. 108) : — ness, the plant depreciates below the fair cost to the investors,...cost of the property in its depreciated condition. This amounts to saying that money lost during the earlier stages of a public service enterprise is...
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Analysis of the Electric Railway Problem: Report of the Federal Electric ...

Delos Franklin Wilcox - 1921 - 820 sider
...of excessive rates and a return upon that capitalization. This is to put a premium upon extortions, past and prospective. On the other hand, this theory...cost of the property in its depreciated condition. This amounts to saying that money lost during the earlier stages of a public service enterprise is...
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