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Hearings Before the Committee on Interstate and Foreign Commerce of the House of Representatives, [Jan. 8-Feb. 1. 1907] on H. R. 20153, 21572, and ... Railroad Passenger Fares and Mileage Tickets
United States. Congress. Commerce
Paperback. General Books LLC 2012-02-01.
ISBN 9781150946868
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Förlagets beskrivning
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. 1907. Excerpt: ... Papers filed by Mr. J. M. Johnson. H. B. S0153.--A bill providing for the issuance of mileage tickets by railroads engaged in interstate traffic. ARGUMENT OF THE ST. LOUIS SOUTHWESTERN RAILWAY IN OPPOSITION THERETG. It is impossible to give any exact figures as to what effect the passage of this bill would have on either tne gross passenger earnings or the earnings per passenger per mile of the St. Louis Southwestern Railway. The bill would necessitate our makmg radical reductions in our rates. Our passenger earnings per mile of road and per passenger per mile for the fiscal years ending June 30. 1902. 1903. 1904. 1905, and 1906, are as follows: During this period the maximum rate per mile in the States of Missouri and Arkansas has been 3 cents; in the States of Texas and Louisiana the maximum ticket rate per mile has been 3 cents, and the train rate--that is, the cash-fare rate collected on trains--has been 4 cents per mile. There are few commercial centers located on our rails, and the rates between such commercial centers being based on mileage and not agreed rates, as is the case between some of the larger commercial centers, such as Chicago and Kansas City and between St. Louis and Kansas City, the earnings per mile per passenger, as shown in the above statement, would fairly represent our earnings between our commercial centers, as well as on all other business. As stated, it is impossible to furnish actual figures as to the effect this bill would have on our earnings, as our i n tras ta t e business is so closely interwoven with our interstate that the reduction of the interstate rate to 2 cents per mile would practically reduce all of our intrastate rates to the same basis. The average earnings per passenger per mile for the past five years, with
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Hearings Before the Committee on Interstate and Foreign Commerce of the House of Representatives, [Jan. 8-Feb. 1. 1907] on H. R. 20153, 21572, and ... Railroad Passenger Fares and Mileage Tickets
Bokrecensioner » Hearings Before the Committee on Interstate and Foreign Commerce of the House of Representatives, [Jan. 8-Feb. 1. 1907] on H. R. 20153, 21572, and ... Railroad Passenger Fares and Mileage Tickets
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