Story of the Session of the California Legislature of 1909Hichborn, Franklin
History
Story of the Session of the California Legislature of 1909
Hichborn, Franklin
California -- Politics and government
It is estimated on conservative figures that the increase in eastbound
California products, or Pacific Coast products, I should correctly say,
which is composed of canned fruits, canned vegetables and canned salmon,
of which there are several million cases, go from the North Pacific
coast through either San Francisco or through the North Pacific coast,
the minimum being forty thousand pounds to the car, and the increase
being ten cents per hundred pounds, means forty dollars a car increase.
Now, taking the number of cars of all those products that are shipped,
it amounted to about - and leather and other products - it amounted to
about four million dollars eastbound. Now, when the question of
westbound comes out, of course, it is practically impossible for any man
to say just exactly what that increase will mean in dollars and cents,
and the only way, therefore, to arrive at it is to take the percentage
of proportion now in their westbound tariff, which is composed of about
between eight hundred and a thousand items. They have raised the rates
from 10 to 25 cents on over two hundred articles, all of which move in
quantities; in other words, the process by which the tariff has been
amended has been that in every instance where there was a commodity
moving in quantities the rate has been advanced; wherever there was no
movement and they wished to encourage a movement, they reduced the rate.
Now, you take the five transcontinental lines that operate on the
Pacific Coast, namely, the Northern Pacific and the Great Northern on
the north and the Canadian Pacific; the Southern Pacific and the Santa
Fe and the San Pedro and Los Angeles on the south, give you six trunk
lines operating on the Pacific Coast. If you will take their gross
earnings, which amount to over four hundred millions, segregate that by
allowing fifty per cent of that to passenger service, which is a very
conservative estimate, because the passenger service does not amount to
that, leaves two hundred million dollars of gross freight earnings. Take
five per cent of that for terminal business, and business is based on
terminal rates from the coast, plus the local back, because the rate, of
course, is felt everywhere, the rates to the interior points are made on
the terminal rate, plus the local back. Take five per cent of that and
their increase in every instance has been 10 per cent, and in some cases
16 2/3 and 20 per cent; but take a very liberal conservative estimate
and put it at five per cent and you have ten million dollars; now, split
that in two and take two and a half per cent of it and you have got five
millions of dollars. Now, that and your four million dollars on
eastbound freight and you have nine millions of dollars increase in
freight rates, and I believe that that is a conservative estimate. I
don't see how you could get at it any closer, because every man, it
doesn't make any difference where he is, every man that buys pays that
ten to twenty per cent increase.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account