The Railway Library, 1909: A Collection of Noteworthy Chapters, Addresses, and Papers Relating to Railways, Mostly Published During the Year
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The Railway Library, 1909: A Collection of Noteworthy Chapters, Addresses, and Papers Relating to Railways, Mostly Published During the Year
Railroads -- United States -- Periodicals
The claim of the railroads that the rates on foodstuffs are not high
enough to enter as a factor in fixing the selling price is fully
substantiated by the statements of the dealers in such products. That
is, the conditions are, with negligible exceptions, such that if
the price obtainable in the markets be sufficient to encourage the
growing of livestock, grains, dairy products, fruits or vegetables,
the rate of freight, from whatever locality to whatever market, is
sufficiently low to allow the producer to enter that market. His
profits are, however, as a matter of course, diminished by the amount
of freight which he pays, and, as a rule, the farther the place of
production from the markets the greater is the freight charge. The
differences in the net return to the producer are almost invariably
reflected in the value of the land, which is lower as the distance
from the markets is greater. Largely because of the defective system
of mercantile distribution the grower of foodstuffs obtains a smaller
proportion of the price paid by the consumer than accrues to the
grower of any other agricultural product. Where, as in this country,
the opportunity for the extension of cultivation is practically
unlimited, a good market one season leads the farmers of any district
to increase their production up to the point of minimum profit and
the railroads are then besought for lower rates; when unfavorable
weather or other conditions reduce their output they are also
disgruntled. It therefore rarely happens that the grower, especially
of the quickly perishable foodstuffs, is entirely satisfied with the
freight rates.
Public-domain text, read in full here on John Shaqi.
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