Postal service -- United States -- Second-class matter
Q. Now, can you state to this commission what your net profit was
for carrying that amount over your system?--A. _I do not know._
Q. Can you make any estimate?--A. _No, sir._
Q. You heard the testimony of Mr. Simpson (representing the Flint
and Pere Marquette Railroad), did you not?--A. Yes, sir.
Q. He stated that his road carried the mails at a dead loss. What
that loss was _he was unable to give us_. I understand you to say
that you do make a profit out of carrying the mails?--A. I beg
your pardon. I said that, because we got approximately the same
rate per ton per mile for carrying the mails as for express (and
that the express rate had been a matter of careful negotiation
as between our company and the express company); I have reason
to believe that we would not have taken the express business
unless we derived a profit from it, and therefore I think it
is reasonable to suppose that we must derive a profit from the
postoffice business.
Q. Do you mean to tell me that you have no estimate as to the
cost of carrying this mail matter?--A. _Not to my knowledge. We
have taken what the Government gave us._ As I have shown you,
they have never pretended to remunerate us for many services
rendered.
Q. If you are unable to say what your profit was for carrying
this mail, how can you complain that you are not being properly
compensated for the service rendered?--A. Because we render so
many services today that we did not formerly when the rate was
fixed.
Q. I understand; but, so far as we know from your testimony,
you may be amply compensated for it.--A. We receive, as I said
before, a certain rate from the express company for analogous
service, and do not render them anything like the equivalent that
we render the Postoffice Department, so that we must derive a
great deal more profit from the express business than we do from
the postoffice.
Q. Still, it would not follow that you were not deriving proper
compensation for carrying the mail, would it?--A. It would not
follow that we do not derive some compensation from it.
Q. _Unless you are prepared to tell us what your profit is, or
your loss, as the case may be, of course you can not expect us
to know it, and, unless we know it, you can not expect us to
sympathize with the complaint._--A. _We are not making complaint
about the compensation we receive, but the threat held over our
heads that our compensation would be cut down._ When they cut us
down on the land-grant roads they did not make it a matter of
negotiation at all; they just simply took off 20 per cent.
Public-domain text, read in full here on John Shaqi.
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