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One of the hardest books I have ever read. LaDuke does not hesitate to rub our noses in the abuses perpetrated by European invaders over the last several centuries. I had hoped for more positive ... Read full review
added to maintenance Average cost Average number Average revenue tons capital stock outstanding carried 1 mile cent on capital cent on property corporate income Cost per 100 cost per freight cost per locomotive cost per passenger cover hire deﬁcit denotes decrease dividends ended June 30 ﬁgures ﬁrst main track freight car Freight revenue Freight-train cars funded debt including outside operations income plus interest interest on funded Interstate Commerce Commission June 30 l—Continued Maintenance of equipment MAXWELL mile operated—all main mile operated—all tracks mile owned—all main mile owned—all tracks mile owned—ﬁrst main Net corporate income Net operating income number of tons obligations per mile opera operated—all main tracks owned—all main tracks owned—ﬁrst main track passenger car Passenger revenue property investment account Railroad Railway Ratio to total renewals and depreciation revenue freight SHRIVER Steam locomotives tion tons of revenue total capital obligations total operating expenses total operating revenue Total surplus
Page 715 - A student of Economics has no hope of ever being clear and correct in his ideas of the science if he thinks of value as at all a thing or an object, or even as anything which lies in a thing or object. Persons are thus led to speak of such a nonentity as intrinsic value.
Page 9 - The Commission assembles this morning under extremely sad and very trying circumstances. Yesterday we laid to his last rest a colleague who, by his genial, helpful, and splendid personality, indefatigable industry, sterling integrity, unswerving loyalty, and broad fair-mindedness, won our affections, regard, and esteem to a superlative degree. "Were we to follow our personal wishes and inclinations we should suspend business affairs for a time...
Page 653 - Chicago & Alton R. R Chicago & Eastern Illinois RR Chicago & Erie RR Chicago, Indiana & Southern RR . Chicago, Indianapolis * Louisville Ry Chicago, Peorķa & St.
Page 61 - Do you carry in your mind the total cost of that improvement, the proportion of it that was paid out of capital and the proportion of it that was paid out of income? Mr. BUNTING. About $114,000,000, $57,000,000 of which was charged to capital and $57,000,000 of which was charged to income, of either the Pennsylvania Railroad or the Pennsylvania Co.