Government Ownership Of Railways

Excerpt from Government Ownership of Railways In an earlier book entitled The American Transporta tion Question, the author has discussed the railway prob lem of the United States as it presents itself if it be assumed that the policy of private ownership of railways is to be maintained. The present work has two purposes. One is to give information as to the comparative results of private and public ownership and management of rail ways in various leading and typical countries. Its other, and main, purpose is to try to direct serious consideration to the question of what in view of the experience of other countries with state ownership and management, and of the conditions existing in the United States would probably be the results of the adoption of government own ership and management of railways in this country. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com 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.

Excerpt from Government Ownership V. Private Ownership of Railways in Canada The true relation of the railway to the people or state may be set forth in the following propositions: First: The railways of a country are the main highways of a country. Second: There is no source of revenue for a railway other than the rates imposed upon the people for the carrying of their persons and their goods. Third: This revenue is raised, not from any hidden fountain of wealth within the railway itself, but from the earnings of the people, whose labor and money furnish the traffic. Fourth: By the division of labor in modern civilized life ever: one who earns or spends money contributes directly or indirectly to the cost of transportation, and this cost enters into every article used by every citizen. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com 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.