The Railway Library, Volume 6Slason Thompson Gunthorp-Warren Printing Company, 1915 - Railroads |
Contents
| 175 | |
| 176 | |
| 182 | |
| 184 | |
| 202 | |
| 214 | |
| 215 | |
| 221 | |
| 57 | |
| 62 | |
| 68 | |
| 74 | |
| 79 | |
| 83 | |
| 86 | |
| 95 | |
| 98 | |
| 105 | |
| 110 | |
| 117 | |
| 118 | |
| 129 | |
| 135 | |
| 139 | |
| 146 | |
| 154 | |
| 162 | |
| 167 | |
| 228 | |
| 235 | |
| 236 | |
| 242 | |
| 252 | |
| 254 | |
| 262 | |
| 263 | |
| 278 | |
| 281 | |
| 288 | |
| 292 | |
| 295 | |
| 302 | |
| 306 | |
| 308 | |
| 317 | |
| 323 | |
| 327 | |
Other editions - View all
Common terms and phrases
accidents American American Railway Union amount assessment average rate Brotherhood capital cars cent charge Chicago City Committee compensation Constitution cost decrease demand dividends dollars economic efficiency eminent domain employes engineers equipment existing facilities fact favor Federal Germany government ownership gross earnings income increased industry injury interest Interstate Commerce Commission invested Knife River labor legislation less lines Locomotive ment methods Michigan mileage miles military naked land value National Civic Federation Northern Pacific Railway organization owner paid Panama Railroad parcel post Paris passenger Pennsylvania Railroad political practically present problem profit public ownership rail railroad companies railroad property railroad system railway companies ratio reasonable receipts reduced result roads Russia Russo-Japanese War safety securities shippers situation statistics taxation tion total net revenue traffic trains transportation United valuation wages York
Popular passages
Page 61 - It is clear that in ascertaining the present value we are not limited to the consideration of the amount of the actual investment. If that has been reckless or improvident, losses may be sustained which the community does not underwrite. As the company may not be protected in its actual investment, if the value of its property be plainly less, so the making of a just return for the use of the property involves the recognition of its fair value if it be more than its cost. The property is held in...
Page 117 - ... guile seduced, no force could violate; And, when she took unto herself a Mate, She must espouse the everlasting Sea. And what if she had seen those glories fade, Those titles vanish, and that strength decay; Yet shall some tribute of regret be paid When her long life hath reached its final day: Men are we, and must grieve when even the Shade Of that which once was great, is passed away.
Page 61 - This, as has been often observed, is a government of law, and not a government of men, and it must never be forgotten that under such a government, with its constitutional limitations and...
Page 61 - It must be remembered that railroads are the private property of their owners; that while from the public character of the work in which they are engaged the public has the power to prescribe rules for securing faithful and efficient service and equality between shippers and communities, yet in no proper sense is the public a general manager.
Page 198 - A living wage is as necessary for a railroad as for an individual. A carrier without a sufficient return to cover costs and obtain in addition a margin of profit large enough to attract new capital for extensions and improvements cannot permanently render service commensurate with the needs of the public.
Page 61 - ... to convey the idea that the equivalent to be rendered for property taken shall be real, substantial, full, ample; and no legislature can diminish by one jot the rotund expression of the constitution.
Page 61 - The equal protection of the laws which, by the Fourteenth Amendment, no State can deny to the individual, forbids legislation, in whatever form it may be enacted, by which the property of one individual is, without compensation, wrested from him for the benefit of another or of the public.
Page 193 - City now are the Chicago, Burlington & Quincy, the Chicago, Rock Island & Pacific, the Atchison, Topeka & Santa Fe, the Chicago, Milwaukee & St.
Page 124 - Very similar was the experience of a Congressional Committee between 1898 and 1901, when the Department submitted statistics that the railroads were paid on an average of 6.58 cents per pound for transporting mail, averaging 40 cents per ton-mile, with an average haul of 328 miles, whereas a special weighing demonstrated that the average payment was, in fact, 2.75 cents per pound, averaging only 12.56 cents per ton-mile, with an average haul of 438 miles. Commenting upon these statistics, Congressman...
Page 61 - If the State were to seek to acquire the title to these roads, under its power of eminent domain, is there any doubt that constitutional provisions would require the payment to the corporation of just compensation, that compensation being the value of the property as it stood in the markets of the world, and not as prescribed by an act of the legislature ? Is it any less a departure from the obligations of justice to seek to take not the title but the use for the public benefit at less than its market...