The Railway Library, 1909: A Collection of Noteworthy Chapters, Addresses, and Papers Relating to Railways, Mostly Published During the Year
History
The Railway Library, 1909: A Collection of Noteworthy Chapters, Addresses, and Papers Relating to Railways, Mostly Published During the Year
Railroads -- United States -- Periodicals
With one exception the farmers remained in the hall and expressed a
willingness to pay a rate of 12 cents per 100 pounds.
Returning to the main discussion, we have found that the rates on
raw materials are so adjusted as to permit the manufacture of any
staple article at any logical place of manufacture. On the raw
material of wearing apparel the freight rate is entirely unimportant.
On the lumber that enters into building material, on the ore, coke,
and limestone used in the manufacture of iron and steel the freight
rate is sufficient to become an appreciable factor in the cost of
manufacture. On brick, coal and cement the selling price is the
higher by the amount of the freight charge, which for distances
sometimes not considerable exceeds the value of the commodity at
the place of production. The freight charge, even on those heavier
commodities, however, is far less in proportion to the wage of the
day laborer as well as to the incomes and salaries received in the
United States than in any other country. This is obviously a better
test of comparison than that based upon rates of freight as expressed
in money. To say that a specific rate is twenty cents in the United
States, a shilling in Great Britain, a franc in France, or a mark in
Germany, conveys an inadequate idea. When it is ascertained that the
average wage of the day laborer in the United States is higher in
comparison with the average rate of transportation than in any other
country, the comparison is significant. In this country a continually
increasing amount of railroad transportation can be purchased with
the wage of the day laborer. With the sum of money representing the
value of a given unit of any of the staple commodities of commerce,
also can a continually increasing amount of railroad transportation
be purchased.
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