Excerpt from Regulation of Railway Rates on Interstate Freight Traffic
I have pointed out the facts bearing upon rate regula tion as it was given to me to see them from my own Observation, and from documents in my possession or to which I have had access. The thoughtful reader will make his own deductions. I have thought that my own opinions and conclusions might be of some interest from the fact that they are based on experience acquired dur ing my continuous connection with American railroads from 1851 to the present time.
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Seller: Forgotten Books, London, United Kingdom
Paperback. Condition: New. Print on Demand. This book examines the history of efforts to regulate railway freight rates in the United States from 1851 to 1905. The author provides a detailed account of the ineffective, self-regulating measures adopted by railroad companies, and the regulatory statutes put into place by the federal government, including the Act to Regulate Commerce and the Elkins Act. The author argues that self-regulation was doomed to fail as competition forced companies to cut rates to attract business, which resulted in rate wars, bankruptcies, and poor service. The author also asserts that many of the federal laws, despite good intentions, were not effective due to legal loopholes, weak enforcement provisions, and the limited power of the Interstate Commerce Commission. These well-articulated arguments, supported by historical examples and an extensive appendix of relevant documents, provide valuable insights into the challenges of regulating an industry that was vital to America's economic development. 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. Seller Inventory # 9781331917670_0
Quantity: Over 20 available
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781331917670
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781331917670
Quantity: 15 available