Problems of Conduct: An Introductory Survey of EthicsDrake, Durant
Philosophy
Problems of Conduct: An Introductory Survey of Ethics
Drake, Durant
Ethics
(2) Even where monopoly is not sought, there are many unfair methods
of competition-unfair to competitors and to the public that both should
serve. One method, much discussed in recent years, is that of railway
rebates. By this is meant favoritism in freight rates between shippers
and between localities. One manufacturer, who is in a position to ship
his goods by either of two railways, perhaps by a water route, is given
a low rate to get his freight; another manufacturer of similar goods,
not so favorably situated, is made to pay a higher rate. Rates from
seaboard or river cities, where water competition exists, have often
been considerably lower than rates from inland towns on the same line,
with a very much shorter haul. In such ways the railway squeezes those
whom it can squeeze and is content with a bare profit where it can
do no better. Where the railway is controlled by the same interests
that control some industrial combination, the favoritism may go even
farther, and the railway's profits be sacrificed entirely for the
cheaper marketing of that particular trust's article. Against all such
inequalities in the treatment of shippers the public conscience has
lately protested; the railways are recognized as a public instrument
of transportation, which should be open to use by all upon equal terms,
at a price which will repay the cost of carriage plus a fair profit.
[Footnote: On railway rebates, see H. R. Seager, Introduction to
Economics, chap. XXIV, secs 260-63. F. W. Taussig, Principles of
Economics, chap. 60, secs. 7, 8. Outlook, vol. 81, p. 803; vol. 85,
p. 161.] IV. TO EMPLOYEES?
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