Word: traffics
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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...
...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...
...good majorities. - (2) Accepted by a normal popular vote: Boston Herald, Apr. 12, '95. - (3) Common Council voted against repeal. - (4) House defeated repeal bill: Boston Herald, Apr. 30, '95. - (5) Prominent business men endorse it: Morning Journal, Apr. 29. - (6) Opponents not representative men. - (b) Benefits local traffic. - (c) Benefits suburban traffic...