Articles liés à Railway Capitalization (Classic Reprint)
Synopsis
The digital edition of all books may be viewed on our website before purchase. Excerpt from Railway Capitalization
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Forgotten Books publishes hundreds of thousands of rare and classic books.
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.The digital edition of all books may be viewed on our website before purchase.
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Railway Capitalization (Classic Reprint)
impression à la demandeVendeur : Forgotten Books, London, Royaume-Uni
Évaluation du vendeur 5 sur 5 étoiles
Paperback. Etat : New. Print on Demand. This book delves into the much-misunderstood topic of American railway capitalization, providing valuable insights into its history and current state. It starts by dispelling the myth of excessive capitalization, revealing that the average value of American railways is significantly lower than their European counterparts. The author argues that the perception of inflated capitalization stems from a flawed understanding of railway finance. The book methodically analyzes the various types of railway securities, demonstrating that the commonly cited aggregate value is an unreliable measure of true worth. In fact, evidence suggests that the current worth of American railways exceeds their capitalization. This book also highlights the substantial improvements made to railway infrastructure and equipment in recent decades, facilitated by reinvestment of profits. It shows that railways have become more efficient and productive without increasing their average capitalization. As a result, each mile of rail and each freight train can now handle significantly more traffic, adding to the value of the system. The book concludes by debunking the unfounded claim that railway capitalization has a direct impact on rates. Thorough analysis of historical data reveals that freight rates have been declining even as railway capitalization has increased. This book provides a comprehensive understanding of railway capitalization, dispelling misconceptions and offering a balanced perspective on its significance in the American railway system. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781334346897_0
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Railway Capitalization (Classic Reprint)
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
Évaluation du vendeur 5 sur 5 étoiles
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781334346897
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EUR 24,58
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Expédition nationale : Etats-Unis
Expédition nationale : Etats-Unis
Quantité disponible : 15 disponible(s)
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Railway Capitalization (Classic Reprint)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
Évaluation du vendeur 5 sur 5 étoiles
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781334346897
Acheter neuf
EUR 24,12
Expédition à EUR 3,84
Expédition depuis Royaume-Uni vers Etats-Unis
Expédition depuis Royaume-Uni vers Etats-Unis
Quantité disponible : 15 disponible(s)