Railroads: Rates and RegulationsRipley, William Zebina
History
Railroads: Rates and Regulations
Ripley, William Zebina
Railroads -- Freight -- Rates -- United States; Railroads and state -- United States
1906 193,995
1907 187,041
1908 161,584
1909 129,294
1910 109,550
1911 93,821
A reduction of more than one half within five years is matter for
public congratulation.[354]
Special or commodity rates for the maintenance of equilibrium between
competing markets fall naturally into several distinct groups.[355]
In the first of these, concerning commodity rates on grain and grain
products and cotton, production takes place over a vast extent of
territory and the products are marketed in places widely remote from
one another. The problem under such circumstances is mainly that of
securing equalization through different gateways.[356] In the case
of wheat it is a question first of concentration at primary markets,
such as St. Paul, Kansas City, or Chicago; and thereafter of carriage
by competitive routes whether by the way of the Gulf, by any of the
various Atlantic seaports or by the St. Lawrence River. Commodity
rates are thus determined in this first class of cases mainly with
references to competition of routes. On the other hand, when production
is spread over a considerable territory, but when transportation is
thereafter effected along converging lines to a fairly localized centre
of manufacture, the problem of equalizing conditions, competitively,
by the resort to commodity rates, has mainly to do with competitive
conditions at the place of production. Rates on wool to the highly
localized markets of the world afford illustration of this second
type of commodity rate problem.[357] Commodity rates upon fruits and
vegetables to common markets from such widely separated sources of
supply as Florida and California or the equilibration of conditions of
production for coal or lumber from the most widely scattered sources of
supply, are perhaps the most difficult of all to settle satisfactorily.
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