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
That which makes possible the low freight rate of the American
railroads is the magnitude of the scale upon which the transportation
is conducted. The large cars, with a capacity of from thirty to fifty
tons, and the powerful locomotives that draw a score or more of these
loaded cars in one train, permit an almost infinitesimal freight
charge per pound or per yard that, however, yields by the carload or
by the trainload no inconsiderable revenue. For example, the average
weight of the carload of food products is about 30,000 pounds. If the
freight on such a carload be $300 the rate per pound would be only
one cent, and there is scarcely a commodity upon which a freight rate
of one cent per pound makes any difference in the retail price. As
a matter of fact a carload of food products does not bring to the
railroad so much revenue as $300 unless it has been moved from a far
region; for instance, from the Dakotas or Texas to New York. Specific
complaint in regard to the freight rates of the United States for
many years has not, except in a small minority of cases, been based
on the ground that they have prevented foodstuffs from finding a
market, raw material from reaching places of manufacture, or finished
products from distribution. While the difference of a cent or two in
the rate of freight may not in the least interfere with the conduct
of industry or commerce in the aggregate, such a slight difference,
may perhaps determine whether a manufacturer obtain his raw material
from this or that source of supply, whether a wholesale dealer
obtain his stock from the manufacturer in one, or the manufacturer
in another city, whether a retail dealer make his purchases from the
wholesale dealer in this city or in that city. That is, for example,
the prices of the products at the sources of supply being equal, a
difference in the rate of freight may determine whether Cleveland,
Ohio, obtain potatoes from Michigan or from upper New York; whether a
factory in Louisville obtain coal from the fields of southern Indiana
or central Kentucky. A carpenter in Des Moines may perhaps pay a
dollar for twenty pounds of nails without knowing or caring what
the freight rate may have been, or where they may have come from. A
difference, however, of a few cents a hundred pounds in the rate of
freight may have led the hardware dealer to have purchased the nails
in Chicago or St. Louis or even directly from Pittsburg.
Public-domain text, read in full here on John Shaqi.
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