Word: traffic
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Dates: during 1890-1899
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...excessive: Springfield Rep., Mar. 13, 1896, Report of the Ludlow Committee.- (1) The estimated cost is $135,000 000.- (b) The canal would not pay expenses: Forum for March, p. 21, ff.- (1) Competition of the Panama Canal.- (2) Competition of thirteen railroad lines.- (3) The smallness of the traffic would raise the toll to a height which would be prohibitory.- (c) The canal would be disadvantageous to the United States in time of war: S. Webster in Harper's Mag., vol. 87, p. 608, (Sept., 1893).- (1) If neutral, it would facilitate the operations of a hostile navy...
...taken three weeks ago Saturday, the first three colleges, as named above, voted for Saratoga, while Columbia alone held out for the Poughkeepsie course. On the breaking up of the meeting of the Regatta Committee, it was agreed that if Columbia could get a bill passed by Congress, restricting traffic on the Poughkeepsie river during the day of the race, that the other three college would reconsider their vote. Three weeks were given to Columbia to put this bill through Congress but as the three weeks are up today and nothing has materialized the first decision of the committee will...
...meeting of the Harvard Prohibition Club last evening papers were read on "The laws regulating the liquor traffic which have been passed in Massachusetts since 1865;" "The political party in power in each of the years from 1865 to 1895 and to which party the govenor belonged;" and "The yearly consumption of liquor in the United States and Massachusetts since 1875." These papers are the beginning of a series of investingations which, it is expected, will result in the publication of several campaingn documents...
...checks consolidation and monopoly.- (1) The powerful companies cannot, by cutting rates, ruin, and then absorb, the smaller roads: Pol. Sci. Quar. '87, p. 388.- (d) It tends to lessen the construction of parallel lines.- (1) New roads, obtaining only a fair share of traffic under pooling system, cannot compete with old established lines.- (2) Parallel lines are usually constructed on wild-cat schemes, with expected profit through rate-cutting, railway wars, etc.- (3) Parallel lines are detrimental to the public. (a) One line between two points can afford to give better service and more uniform rates.- (e) The majority...
...Pooling is beneficial to the railroads.- (a) Railroads profit more on a uniform rate than a fluctuating rate of even higher average.- (1) Fluctuating rates cause fluctuating volume of traffic.- (i) Fluctuating volume of traffic incurs greater operating expenses than a uniform volume.- (ii) Uniform traffic causes capital to be constantly employed; no idleness or loss by interest.- (b) Rate wars following prohibition of pooling caused enormous decline of railroad property: Quar. Jour. Econ. Jan. '89, p. 178.- (c) Railroads themselves favor pooling...