Depreciated Currency And Diminished Railway Rates: An Inquiry Conducted By The Railway World (1909) - Couverture souple

Ward, Edward G

Couverture souple

ISBN 10 : 1164157582 ISBN 13 : 9781164157588

Editeur : Kessinger Publishing, 2010

Synopsis

Depreciated Currency And Diminished Railway Rates: An Inquiry Conducted By The Railway World (1909) is a book written by Edward G. Ward. The book is an inquiry into the impact of depreciated currency on railway rates. The author explores the relationship between the value of currency and the cost of transportation, arguing that the depreciation of currency has led to a decrease in railway rates. The book is based on research conducted by the Railway World, a publication that covered the railway industry in the early 20th century. The author provides a detailed analysis of the data collected by the Railway World, examining the trends in railway rates over time and the factors that have influenced them. The book is an important historical document that sheds light on the economic conditions of the early 20th century and the impact of currency fluctuations on the transportation industry.An Inquiry Conducted By The Railway World For The Purpose Of Ascertaining The Opinions Of Leading Economists And Publicists Concerning The Propriety Of An Adjustment Of Railway Rates To The Diminished Value Of The Money In Which They Are Paid.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.

A propos du livre

Présentation de l'éditeur

During the summer of 1908 the daily press gave currency to rumors that the railways of the United States were considering a general revision of their schedules of freight rates with a view to obtaining increased revenue. Accompanying these reports were statements that the augmented cost of conducting the business of supplying railway transportation had made increased revenue absolutely necessary if wages were to be maintained at the existing level and interest obligations met. It was alleged that railway labor was costing vastly more than formerly, that locomotives, cars, rails, fuel, supplies and materials of all kinds, had increased greatly in cost and that while these changes had been in progress railway rates had remained substantially stationary or had, upon the average, declined. The meaning of these statements, if they could be accepted as accurate, was clearly that there had been a material decline in the value of the money received by the railways which, not having been offset by a corresponding increase in the sums received for particular services, amounted to a genuine decline in railway rates. Further, it was plain, that if such a decline had taken place and had proceeded so far as to endanger the current wages of railway employees or to render doubtful the ability to earn interest on bonds or a fair return to investors, the employees of the railways and owners of railway property were justly entitled to such nominal increases in rates as would, in part at least, offset the real reductions.
(Typographical errors above are due to OCR software and don't occur in the book.)

About the Publisher

Forgotten Books is a publisher of historical writings, such as: Philosophy, Classics, Science, Religion, History, Folklore and Mythology.

Forgotten Books' Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attent

Détails de l'édition

• Éditeur: Kessinger Publishing
• Date d'édition: 2010
• Langue: anglais
• ISBN 10: 1164157582
• ISBN 13: 9781164157588
• Reliure: Broché
• Nombre de pages: 130
• Coordonnées du fabricant: non disponible
• Personne responsable: KreGa Onlinehandel GmbH; 4950000000000; info@krega-onlinehandel.de; ; Birkenweg 31; Brakel; 33034; Allemagne