Chapter XLII: Part II

THE RAILROAD PROBLEM IN THE LIGHT OF COMPARATIVE RAILROAD HISTORY
COVERING THE LEADING SYSTEMS OF THREE CONTINENTS.

CHAPTER The Problem XXI. The Supreme Test XXII. Lessons from Other Lands XXIII. The Aim XXIV. Contrasts in General Policy XXV. Location.—Construction.—Capitalization, etc. Management XXVI. Safety.—Service.—Economy.—Progress. The Rate Question XXVII. General Policy.—Rate Level under Public and Private Management.—Zone System. Employees XXVIII. Political, Industrial, and Social Effects XIX. Remedies Proposed XXX. Pooling.—Consolidation.—Regulation.—Public Ownership.

AMERICAN RAILROAD RATES

BY JUDGE WALTER C. NOYES

_Author of “The Law of Intercorporate Relations,” etc._

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A masterly work, reviewing the most highly controversial economic issue of the day in this country.—_New York Commercial._

Judge Noyes is the possessor of a thorough knowledge of the complicated subject of rate-making.—_Chicago Record-Herald._

=The most intelligent discussion of the subject which has yet appeared.=—_New York Law Journal._

Judge Noyes’ handling of the question is clear, impressive, and indicative of a mastery of the legal or constitutional side of the subject.—_Springfield Republican._

A careful reading will help toward a solution of the problem of federal regulation of railway rates.—_Railway Age._

=We know of no book which will give the lay reader so clear and so authoritative a statement of the fundamental legal principles which must govern in the determination of the pending question concerning government regulation of railway rates.=—_Outlook_, New York.

It is truly refreshing to turn to the book. Every aspect, historical or actual, of the question is dealt with, including discrimination, pooling, competition.—_Chicago Evening Post._

A book covering completely a field heretofore only touched in spots.—_Indianapolis News._

=A remarkable book, considered from every point of view—economic, practical, legal.=—EDGAR J. RICH, _General Solicitor of the Boston & Maine R. R._

For readers desirous of reaching a clear understanding both of the legal and economic questions involved in the fixing of railroad rates there is probably no better handbook. His whole attitude is eminently judicial, open-minded, and impartial.—_St. Paul Pioneer Press._

The author is an expert in railroad management and his opinions are judicial and wholly unbiased.—_American Law Review._

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PRICE, $1.50 net. Sent Postpaid on Receipt of $1.64 by

LITTLE, BROWN, & CO., _Publishers_, BOSTON

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TRANSCRIBER’S NOTES

1. Silently corrected obvious typographical errors and variations in spelling. 2. Retained archaic, non-standard, and uncertain spellings as printed. 3. Re-indexed footnotes using numbers and collected together at the end of the last chapter. 4. Enclosed italics font in _underscores_. 5. Enclosed bold font in =equals=.