An Investor's Notes on American RailroadsG.P. Putnam's Sons, 1886 - 224 pages |
From inside the book
Results 1-5 of 44
Page 4
... result is on the whole fairly satisfactory . It is , at all events , a better investment than the purchase of land which the owner or mortgagee is afraid to occupy or visit , or the conduct of a business to which the system of ...
... result is on the whole fairly satisfactory . It is , at all events , a better investment than the purchase of land which the owner or mortgagee is afraid to occupy or visit , or the conduct of a business to which the system of ...
Page 16
... result , without involving a serious set - off in point of disadvantage ? Suppose the limitation of production by statutory enactment causes the withdrawal of capital from current enterprise , and the transfer of valuable contracts from ...
... result , without involving a serious set - off in point of disadvantage ? Suppose the limitation of production by statutory enactment causes the withdrawal of capital from current enterprise , and the transfer of valuable contracts from ...
Page 18
... result . If her potteries were established in the neighbourhood of her great mines of kaolin and china - clay , like economical benefits would be derived therefrom . With advantages of this kind at the outset , the gradual influx of ...
... result . If her potteries were established in the neighbourhood of her great mines of kaolin and china - clay , like economical benefits would be derived therefrom . With advantages of this kind at the outset , the gradual influx of ...
Page 19
... result has been eminently satisfactory . As long as a Legislature is in session , it is impossible to foresee what tinkering with property will be devised . Investors are hushed and afraid , and active business is chilled . If drastic ...
... result has been eminently satisfactory . As long as a Legislature is in session , it is impossible to foresee what tinkering with property will be devised . Investors are hushed and afraid , and active business is chilled . If drastic ...
Page 20
... result will probably not be confined to America ; but will extend , at no very remote period , to the whole of the civilized world . The question for the investor is - how far inevita- ble reduction of interest is likely to be ...
... result will probably not be confined to America ; but will extend , at no very remote period , to the whole of the civilized world . The question for the investor is - how far inevita- ble reduction of interest is likely to be ...
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Common terms and phrases
American railroads Anno Domini bill bonds capital charges charter cial citizens Commissioners common carrier subject competent competition considered Constitution construction contract course court demagogue desire dividends doubt duty Eminent Domain England enquirer enterprise equity eral ex post facto existing favour foreign investor freight and passenger G. P. PUTNAM'S SONS Government hereafter holders inci incident instances Inter-state commerce interest investment investor's point JOHN SWANN jurisprudence labour land lative leased lines legislation limits matter ment observer party person point of view political pool produce profit proper protection provisions purpose question rail railroad administration Railroad Commission railroad companies railroad corporation Railway Age rates reasonable regulation reserved power result road rules scarcely schedules securities serious speculative statute stockholders supply and demand tariffs thereof thing tion to-day trade United whole worth
Popular passages
Page 212 - Commission (and produce books and papers if so ordered) and give evidence touching the matter in question ; and any failure to obey such order of the court may be punished by such court as a contempt thereof.
Page 203 - That the provisions of this act shall not apply to the transportation of passengers or property, or to the receiving, delivering, storage, or handling of property, wholly within one State, and not shipped to or from a foreign country from or to any State or Territory as aforesaid.
Page 211 - Act, and shall keep itself informed as to the manner and method in which the same is conducted, and shall have the right to obtain from such common carriers full and complete information necessary to enable the Commission to perform the duties and carry out the objects for which it was created...
Page 203 - America in congress assembled, that the provisions of this act shall apply to any common carrier or carriers engaged in the transportation of passengers or property wholly by railroad, or partly by railroad and partly by water when both are used, under a common control, management or arrangement, for a continuous carriage or shipment...
Page 204 - railroad " as used in this act shall include all bridges and ferries used or operated in connection with any 203 railroad, and also all the road in use by any corporation operating a railroad, whether owned or operated under a contract, agreement, or lease ; and the term " transportation " shall include all instrumentalities of shipment or carriage.
Page 211 - ... the date of the taking effect of this Act, the term of each to be designated by the President, but their successors shall be appointed for terms of seven years, except that any person chosen to fill a vacancy shall be appointed only for the unexpired term of the commissioner whom he shall succeed.
Page 219 - ... nothing in this Act contained shall in any way abridge or alter the remedies now existing at common law or by statute, but the provisions of this Act are in addition to such remedies...
Page 209 - ... act, matter or thing in this act prohibited or declared to be unlawful...
Page 210 - That any common carrier subject to the provisions of this act, or, whenever such common carrier is a corporation, any director or officer thereof, or any receiver, trustee, lessee, agent, or person acting for or employed by such corporation...
Page 212 - If such carrier shall not satisfy the complaint within the time specified, or there shall appear to be any reasonable ground for investigating said complaint, it shall be the duty of the commission to investigate the matters complained of in such manner and by such means as it shall deem proper.