Commercial Geography: A Book for High Schools, Commercial Courses, and Business CollegesRedway, Jacques W. (Jacques Wardlaw)
General
Commercial Geography: A Book for High Schools, Commercial Courses, and Business Colleges
Redway, Jacques W. (Jacques Wardlaw)
Commercial geography
The application of the double and the triple expansion principle has
been quite as successful with locomotive as with marine engines in
saving fuel and gaining power--that is, it has decreased the cost per
ton-mile of hauling freight and likewise the cost of transporting
passengers. Enlarged "fire-boxes," or furnaces,[15] enable steam to be
made more rapidly and to give higher speed.[16] Only a few years ago
forty-eight hours was the scheduled time between New York and Chicago;
now there are about forty trains a day between these two cities, several
of which make the trip in twenty-four hours or less.
=Railway Development.=--The railway as a common carrier, having its right
by virtue of a government charter, dates from 1801, when a tramway was
built between Croydon and Wandsworth, two suburbs of London. The rails
were iron straps, nailed to wooden stringers. The charter was carefully
drawn in order to prevent the road from competing with omnibus lines and
public cabs.
When the steam locomotive succeeded horse-power, however, there
followed an era of railway development that in a few years
revolutionized the carrying trade in the thickly settled parts of the
United States and Europe. Short, independent lines were constructed
without any reference whatever to the natural movement of traffic. There
seemed but one idea, namely, to connect two cities or towns. Indeed, the
absence of a definite plan was much similar to that of the interurban
electric roads a century later; local traffic was the only
consideration.
At first an opinion prevailed that the road-bed of the railway ought to
be a public highway upon which any individual or company might run its
own conveyances, on the payment of a fixed toll; indeed, in both Europe
and the United States, public opinion could see no difference between
the railway and the canal. The employment of a steam-driven locomotive
engine, however, made such a plan impossible, and demonstrated that the
roads must be thoroughly organized.
At the close of 1850 there were nearly four hundred different railway
companies in England; in the United States about a dozen companies were
required to make the connection of New York City and Buffalo. A few of
these paid dividends; a large majority barely met their operating
expenses, defaulting the interest on their bonds; a great many were
hopelessly bankrupt.
=Consolidation of Connecting Lines.=--Between 1850 and 1865 a new feature
entered into railway management, namely, the union of connecting lines.
This was a positive advantage, for the operating expenses of the sixteen
lines, now a part of the New York Central, between New York and Buffalo
were scarcely greater than the expenses of one-third that number. The
service was much quicker, better, and cheaper. In England the several
hundred companies were reduced to twelve; in France the thirty-five or
more companies were reduced to six in number.
Public-domain text, read in full here on John Shaqi.
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