Railroads: Rates and RegulationsRipley, William Zebina
History
Railroads: Rates and Regulations
Ripley, William Zebina
Railroads -- Freight -- Rates -- United States; Railroads and state -- United States
Among these confusing elements in the problem of trunk line rate
adjustment five distinct phases were prominent. In the first place the
four trunk lines were a unit in opposition to the diversion of traffic
to the Great Lakes and the Erie Canal. However much they might bicker
with one another afterward,--apportionment of the rail business being
a distinct feature of the problem,--their interests at the outset were
identical respecting the necessity of holding the business on land.
Water competition by way of the lakes or the Ohio river was a danger
common to them all. The intensity of this pressure may be understood
from the statement that the trunk lines were not even consulted in
making the Chicago-New York rate on which the western lines pro-rated.
They had no voice in it, merely accepting the figure offered them by
their connections into Chicago.[393] The second feature of the problem,
namely, the division of the all-rail traffic among the competing
carriers, is immaterial to the main question before us. Thirdly, it was
essential to the trunk lines to restrict and control the activities of
the subsidiary cross lines and feeders, most of which, as has been
said, were independent. Many of these, aside from having a direct
interest in their longest haul to a terminus on the lakes or the Ohio
river, had been built by local capital, and were administered in the
interests of the lake cities or Cincinnati and Louisville. There was
no unity whatever in their policies, and the most ridiculous wastes of
transportation resulted. Grain was literally meandering toward the East
instead of moving by a direct route.[394] Joint through rates would be
made by the most extraordinary chain of connecting links leading to the
seaboard by very circuitous ways.[395]
Public-domain text, read in full here on John Shaqi.
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