The Public, the Investor and the Railroads of New England: An Unprejudiced Analysis of the Affairs of the Boston & Maine and New York, New Haven & Hartford Railroads and an Appeal for Justice and Sound Finance
The Public, the Investor and the Railroads of New England: An Unprejudiced Analysis of the Affairs of the Boston & Maine and New York, New Haven & Hartford Railroads and an Appeal for Justice and Sound Finance
Excerpt from The Public, the Investor and the Railroads of New England: An Unprejudiced Analysis of the Affairs of the Boston Maine and New York, New Haven Hartford Railroads and an Appeal for Justice and Sound Finance This discussion is addressed to the investors in the New York, New Haven Hartford and Boston Maine railroads and their leased and controlled lines, and to the public of New England in its relations with these companies. First, as to some basic principles. The investor who risks money in a private business ...
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Excerpt from The Public, the Investor and the Railroads of New England: An Unprejudiced Analysis of the Affairs of the Boston Maine and New York, New Haven Hartford Railroads and an Appeal for Justice and Sound Finance This discussion is addressed to the investors in the New York, New Haven Hartford and Boston Maine railroads and their leased and controlled lines, and to the public of New England in its relations with these companies. First, as to some basic principles. The investor who risks money in a private business is entitled to that return which can be earned by the sale of the product or the services of such business in the open market. The investor in shares of a public utility is not so placed. He is limited in his return; always in theory, and now to a growing extent in practice. The public, which enables a corporation to carry on a business by virtue of rights of eminent domain, the use of public ways, and perhaps even protection in some degree of monopoly, rightfully reserves the power both to fix the quality of the service and to limit the corporation's charges, But while the public holds this power over the corporation, it is itself under obligations to those who contribute funds to the providing of a public service. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
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PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
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Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
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