Trade and Transportation Volume 9-10; A Monthly Journal of American Trade in Its Relation to Transportation (Paperback)

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. 1908 Excerpt: ...along legal lines and that their organization be permitted subject to suitable regulations. AS TO GENERAL ADVANCE IN RATES. During the past year and at the present time the press has been replete with articles, pro and con, relating to genera advance in freight rates, some of which are established facts that are being contested. Others have been announced and will shortly be made effective, while still they are left in an uncertain stage. It is these changes made, proposed to be made, that have created much feeling, and have been taken advantage of by the political demogogue for the purpose of furthering his own ambition through attack upon corporate power, particularly railroad corporations, which he undertakes to justify even though he may have no knowledge of the merits of the case. The power of the people of the United States should be reckoned with and under proper leadership they know how to touse it. If directed against corporations, the corporations will have to succumb. The lesson to be learned is one of conciliation; one of securing support of thoughtful people on the side of the corporate interests. This is possible to obtain by taking the public more into confidence. The National Industrial Traffic League has been misunderstood and misquoted with relation to its policy. We have felt that during the period of depression through which we have passed, and, I hope have put behind us, that the rate question was one largely of economics; that the carrier should bear its fair share of the burden with the manufacturer and the shipper. We recognized that there were two sides to the question; that the situation had reached such a point that neither side could be an impartial judge as to final conclusions. The carriers have suffered a large decline in the...