Railroads: Rates and RegulationsRipley, William Zebina
History
Railroads: Rates and Regulations
Ripley, William Zebina
Railroads -- Freight -- Rates -- United States; Railroads and state -- United States
ore or grain, cheaply handled, or merchandise which must be carefully
housed and treated; its regularity, whether it flows evenly the year
round like the dressed beef business, or as on the cotton and cattle
range roads, is concentrated in a short season and all moves in one
direction;[36] the relative proportions of freight and passenger
business--in New England about on an equality, while in the West and
South nearly nine-tenths freight; and, finally, the efficiency of
management, in the use of rolling stock, making up trainloads and
keeping all equipment busy; all of these factors will influence the
proportionate distribution of expenditures. The operation of each road
thus constitutes an interesting problem in statistical analysis by
itself.[37]
[Illustration: _RELATION OF TRAFFIC TO MAINTENANCE OF WAY COSTS ON
REPRESENTATIVE EASTERN AND WESTERN ROADS--1910_]
The relation of course between density of traffic and the distribution
of expenditures is direct. Heavy and frequent trains increase the wear
and tear as distinct from mere depreciation from age and weather. This
is demonstrated graphically by the following diagram.[38] The solid
black horizontal belts to right of the centre show how low is the
density of traffic on the five upper western roads by contrast with
the five carriers in trunk line territory. The left hand horizontal
belts show proportionally in dollars the outlay per mile of road for
maintenance. Naturally the expense of such maintenance is likewise
less on the western lines. But when stated, not absolutely in dollars
per mile of road but in terms of utilization, as by the shaded belts
to right of the centre, the true state of things appears. Density
considered, in other words, the western roads are all as well kept up
as those in the East. The necessity at all times of interpreting such
expenditures, not in absolute figures but in terms of utilization, is
obvious; and yet it is not always done in practice.
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