North-American Review and Miscellaneous JournalUniversity of Northern Iowa, 1906 |
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Page 384
... lines into undeveloped country . If one line was successful , other energetic men rushed for the same field . Com- petition cut rates . High rates were at the start the sole source of profit , because traffic was light ; but the traffic ...
... lines into undeveloped country . If one line was successful , other energetic men rushed for the same field . Com- petition cut rates . High rates were at the start the sole source of profit , because traffic was light ; but the traffic ...
Page 386
... lines to the new township . Manifestly , traffic could not be heavy enough even to maintain these many lines . They were , therefore , all run at a loss , and the loss had to be paid by the parent road . Several receiverships were oc ...
... lines to the new township . Manifestly , traffic could not be heavy enough even to maintain these many lines . They were , therefore , all run at a loss , and the loss had to be paid by the parent road . Several receiverships were oc ...
Page 643
... lines were practically rebuilt and newly equipped ; bonds were scaled and interest rates reduced . The era of reorganization was followed by a period of ultra - conservative management . The errors of the past were to be avoided . All ...
... lines were practically rebuilt and newly equipped ; bonds were scaled and interest rates reduced . The era of reorganization was followed by a period of ultra - conservative management . The errors of the past were to be avoided . All ...
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