The heart of the railroad problem: The history of railway discrimination in the United States, the chief efforts at control and the remedies proposed, with hints from other countriesParsons, Frank
History
The heart of the railroad problem: The history of railway discrimination in the United States, the chief efforts at control and the remedies proposed, with hints from other countries
Parsons, Frank
Railroads -- Freight -- Rates -- United States; Railroads and state -- United States
If the losses were more than $100,000,000 a year when the total income
of the railroads was $800,000,000 a year, the losses now with an income
of about $2,000,000,000 a year are probably, at least, $200,000,000 a
year, allowing for all the saving that is claimed to have resulted from
the Elkins Act. A railroad officer who says his road has constantly
disregarded the Interstate Commerce Law declares that in more than one
year the net revenues of his company “would have been increased by more
than 15 percent if no rebates had been paid to favored customers.” The
hundreds of millions which the transportation systems of this country
have, during the period from 1887 to 1905, earned and repaid to the men
who controlled the large industrial products of the country—coal, iron,
grain, salt, sugar, oil, provisions, and lumber—belonged equitably to
employees and stockholders (or to the people). “And the history of this
period may be repeated as often as the whim or the interest of a traffic
manager or owning director prompts or requires.”[349]
The losses through the disturbance of business, interference with the
relation between energy and industry on one side and success on the
other, depression of localities, and ruin of individuals, are beyond
computation.
Most shippers would be glad to do away with discrimination if they could
be sure that there would be a square deal all round, fair play, and no
concessions to their rivals. And most railroad men would be glad to be
protected against the discriminations that are forced upon them by the
shippers, and by competition among the roads, if they could be sure that
the published rates would really be adhered to by their competitors.
Law after law has been passed to prevent unjust discriminations, and yet
in spite of the contrary statements of some witnesses,[350] it is
perfectly clear that they have not ceased, and that comparatively little
has been done in that direction.
Public-domain text, read in full here on John Shaqi.
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