An Investor's Notes on American Railroads

administration American railroads bonds capital charges charter citizens combination commercial Commissioners common carriers competent competition concern considered Constitution construction contract coupons course court demagogue desire dividends doubt duty earning economical Eminent Domain England enquirer enterprise eral ex post facto existing favour floating debt foreign investor freight and passenger G. P. PUTNAM'S SONS Government holders inci incidents instance investment investor's point labour land lative leased lines legislation Let us suppose limited ment observer Octavo organized party passenger tariffs point of view political Political Economy pool probably produce profit proposed protection purpose rail Railroad Commission railroad companies railroad corporation Railway Age ready money reasonable reserved power result risks road rules and regulations scarcely securities speculative stockholders supply and demand tion to-day trade transporting companies whole worth