Report of the Railroad Commissioner |
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account at beginning account at end amount of dividend Balance of construction brakeman brakes Capital stock actually construction account crossing the track earnings ending June 30 Equipment account Floating debt foregoing return Funded debt Government grade crossings June 30 Moshassuck Valley Railroad natural monopoly Nelson W Notary Public Number built Number guarded Number of employees Number of farm Number of passenger Number of persons Old Colony Railroad Operating expenses paid in common paid in preferred Pascoag passenger train cars Pawtucket persons walking President property and assets R. I. Hospital railway corporations Rate and amount rate of fare Receipts passenger department reckoned as single Rhode Island road in miles Rolling stock account stock actually paid Stonington Division Street Railway Company struck Surplus at beginning thing therein set Total gross debt Total number Total property Total receipts train cars heated Treasurer Union R. R. Union Railroad Company Valley Falls Woonsocket Worcester Division
Popular passages
Page 19 - Company, on my oath do say that the foregoing return has been prepared under my direction, from the original books, papers, and records of said Company; that I have carefully examined the same, and declare the same to be a complete and correct statement of the business and affairs of said Company in respect to each and every matter and thing therein set forth, to the best of...
Page 121 - The English, the Belgian, the French, and the German are the four great railroad systems. With many points in common, each has peculiar features deserving of careful study. In their political relations they are divided into two groups by a broad line of demarkation. On the one side of that line are the systems of the English-speaking race, based upon private enterprise and left for their regulation to the principles of laissez faire, the laws of competition, and of supply and demand. On the other...
Page 106 - Now, if the public was seeking to take title to the railroad by condemnation, the present value of the property, and not the cost, is that which it would have to pay.
Page 106 - If it be said that the rates must be such as to secure to the owners a reasonable per cent on the money invested, it will be remembered that many things have happened to make the investment far in excess of the actual value of the property- — injudicious contracts, poor engineering, unusually high cost of material, rascality on the part of those engaged in the construction or management of the property.
Page 122 - ... the difference of social and political habit and education should ever be borne in mind. Because in the countries of continental Europe the state can and does hold close relations, amounting even to ownership, with the railroads, it does not follow that the same course could be successfully pursued in England or in America.
Page 96 - The title of the defendant to its right to demand compensation for this service is not derived to it upon common-law principles, and is not to be measured by the rules of the common law; and whether it may lawfully demand compensation from a person who uses its highway for the carriage of goods in the only way in which it can be used, depends upon the language of its charter, and not upon the rules of the common law.
Page 122 - ... all, the private railway companies of England and the United States have served the public better than the government railways of the continent or of our Australian colonies, and, which is still more to the point, are likely to serve it better in the future.
Page 107 - It is not easy to always determine the value of railroad property, and if there is no other testimony in respect thereto than the amount of stock and bonds outstanding, or the construction account, it may be fairly assumed that one or other of these represents it, and computation as to the compensatory quality of rates may be based upon such amounts.
Page 99 - The constitution provides l that " the congress shall have power to levy and collect taxes, duties, imposts, and excises to pay the debts, and provide for the common defense and general welfare of the United States ; but all duties, imposts and excises shall be uniform throughout the United States.
Page 122 - A careful study of the evidence has convinced me that in the long run State control ends in keeping down the best to the level of the worst. and that, taking them for all...