Kemmerer E W Foreword (1 results)

Hardcover. Condition: Fair. First Edition. 1935 First edition. "Presents an analysis of the financial and operating record of the government railway system in comparison with its private competitor, the Canadian Pacific railway System, and an appraisal of the problems which have arisen from the competition of government with private enterprise. The experiment in railway nationalization in Canada is shown to have resulted in a heavy financial drain upon the Dominion Tresaury. The solution to the problem, in the author's opinion, is a cessation of competitive railway operation in Canada, under a plan which provides for the unified management of the two railways under private administration, but with adequate regulation." - Foreword. Former bank library copy with usual markings. Somewhat above-average wear. Back hinge starting. A worthy reference copy.; Publications of the International Finance Section of the Department of Economics and Social Institutions; Vol. 5; 8vo.…