Excerpt from Changes in the Rates of Charge for Railway and Other Transportation Services The report deals not only with the charges for the transportation Of agricultural products to the principal markets and seaports, but also with those for furniture, agricultural implements, dry goods, boots and shoes, and other commodities used by the farmer, from New York to Chicago, St. Louis, and other important distributing points in the Western States and on the Pacific coast. The report includes, in addition, tables containing certain informa tion in regard to passenger rates. While this is of much less interest to the farmer than are the rates charged for the transportation Of the products Of his fields and of the commodities which he has to purchase, it constitutes no unimportant part of the transportation problem, and no justification for its inclusion need be offered. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com 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.

Excerpt from The Diminished Purchasing Power of Railway Earnings: Suggestions Concerning the Necessity of an Adjustment of Railway Rates to Meet New Industrial Conditions and the Increased Cost of Improved and Additional Transportation Facilities The ten years or more which have elapsed since the resumption of industrial activity that began some time in 1897 have been characterized by changes in rates of wages for substantially all kinds of labor, and in the prices of most commodities which amount to a profound and material alteration in the value of money. Wages of railway labor, prices of railway materials and supplies and prices of commodities carried by railways and of those produced by the purchasers of railway transportation have rapidly increased. This is equivalent to a decrease in the value of the money in which railway charges are paid for the appreciation of commodities is the depreciation of money. Commodities cannot have generally augmented value without money having diminished value. Railway rates have not been adjusted to this diminished value of money. The involuntary and unsolicited reduction in railway rates has gone so far as seriously to threaten the stability of railway wages and that of the whole railway industry. Some adjustment through compensatory advances in money rates (i.e., nominal rates) is, therefore, absolutely necessary. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com 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.