Waterways and Water Transport in Different Countries: With a description of the Panama, Suez, Manchester, Nicaraguan, and other canals.Jeans, J. Stephen (James Stephen)
History
Waterways and Water Transport in Different Countries: With a description of the Panama, Suez, Manchester, Nicaraguan, and other canals.
Jeans, J. Stephen (James Stephen)
Canals
Judging by the ultimate quantities of traffic carried, there is only
one opinion possible concerning the issue of this memorable struggle.
The railroads have won all along the line. The total tonnage carried
on the railroads of the United States in 1880 was 290,897,000 tons;
the canals in the same year carried only 21,044,000 tons. The income
of the railroads in 1880 was 580½ million dollars; that of the canals
was only 4½ million dollars. The canals had only one-fourteenth part of
the traffic of the railroads, and scarcely more than 1/130 of the gross
income.
These results are very remarkable when the records of the charges
made under each of the two systems are examined. When the controversy
between them was raging most fiercely, the railroads were charging
about three cents per ton per mile, while the canals only charged ·799
of a cent.[114] It was not, therefore, on the ground of greater cheapness
that the railroads claimed or received the traffic. It was the same
with through as with local traffic. During the six years ending 1884,
the receipts of grain and flour at New York by lake, canal, and
Hudson River fell from 64 to 45 million bushels. In the same interval
the quantity carried by rail only declined from 85¼ to 83 million
bushels.[115] Between 1868 and 1884 the total traffic carried on the
New York State canals fell from about 6½ million to little more than
5½ million tons. On the competing railroads—the New York Central,
the New York, Lake Erie, and Western, and the Pennsylvania Railroad
division—it increased from 10,476,000 tons to 36,700,000 tons. On the
canals the traffic had decreased by over 15 per cent.; on the railways
it had increased by over 350 per cent. The comparison is, of course,
not strictly relevant and parallel, inasmuch as in the case of the
railways traffic was gathered and carried over a very much wider area,
and it was really only over a comparatively limited section of their
several routes that competition existed. But the figures all the same
serve to show “how the cat was jumping.”
Public-domain text, read in full here on John Shaqi.
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