Railway Transportation; A History Of Its Economics And Of Its Relation To The State, Based, With…

Paperback | February 2, 2012

byCharles Lee Raper

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1912. Excerpt: ... CHAPTER XVII STATE OPERATION OF RAILWAYS IT is so easy to be partisan and dogmatic in a discussion of the state management of railways, that we hestitate to enter upon it. Nothing short of the conviction that our study of the actual experiences of railways in a number of the leading countries has some light, however small, to throw upon this most vital question, would cause us to consider it. The Reasons The policies of the various governments toward the railways have been very different, and for essentially different reasons. In no country has there been one single reason for state management, or for private management. The reasons have, in fact, not been simple or very clear. Political and social reasons have been the more prominent in some instances, perhaps in all instances of state ownership and operation. It is difficult to understand the institution of state railways on the basis of purely economic reasons, though these, to be sure, must play a considerable part. In their beginnings, the relative financial ability of the public treasury or of private enterprise had much to do with the policy as to whether the railways should be state or private. When the German states entered upon the policy of a practical government monopoly of railway ownership and management, the relative financial status had come to be of slight importance; the state treasury could bear the burdens, or private capital might without aid. State operation when it first came on a large scale in Germany was in no respect essentially different from that of the companies. There were, to be sure, defects and abuses in private management, but these could have been eliminated by an efficient machinery of state regulation. In 1905, when the Italian state resumed the management of the rail...

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1912. Excerpt: ... CHAPTER XVII STATE OPERATION OF RAILWAYS IT is so easy to be partisan and dogmatic in a discussion of the state management of ...

Format:PaperbackDimensions:84 pages, 9.69 × 7.44 × 0.17 inPublished:February 2, 2012Publisher:General Books LLCLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0217745970

ISBN - 13:9780217745970

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