. Book of the Royal blue . t will be well tobear in mind these illustrations, which mightbe multiplied indefinitely. The point is,simply, that to grant the railways some in-crease in freight rates in their earnings wouldnot mean oppression of the consumer, oreven savor of it. * The author of this article was at one time the financial editor of the Chicago Tribune. and has studiedcommercial and financial conditions in the Far East, as well as in America. In addition to some really remarkablejournalistic work, which included correspondence from Commodore Deweys fleet at the tmie of the famous na
. Book of the Royal blue . t will be well tobear in mind these illustrations, which mightbe multiplied indefinitely. The point is,simply, that to grant the railways some in-crease in freight rates in their earnings wouldnot mean oppression of the consumer, oreven savor of it. * The author of this article was at one time the financial editor of the Chicago Tribune. and has studiedcommercial and financial conditions in the Far East, as well as in America. In addition to some really remarkablejournalistic work, which included correspondence from Commodore Deweys fleet at the tmie of the famous navalbattle at Manila (in which, by the way, Mr. Harden took part as a volunteer), he has a practical acquaintance _withbanking business. He is the author of a work entitled Financial and Industrial tondilions in tiic Philippines, andhas made valuable contritnitions to the magazine and newspaper literature of recent times. —TiiK Immtdks. Business Mens Views on Current Topics—II The Necessity of Railroads to Advance Rates. (USINESS men are urgedto study more carefullytheir own interests in re-spect to the railroads, ifthey would help allay theanti-railroad fever, whichis largely responsible forthe setback to business. It is maintainedthat with taxes and wages increased onmany of the large railroads, net earningshave declined perceptibly, also that recoveryand further development is impossible with-out a slight increase in shipping rates. In order to get the great amount ofmoney needed to put the railroad lines inproper condition and make extensions, andmore money for equipment to move freightwith promptness and economy, the moneymust come from some source. It only slightly affects the consumer,dealer or manufacturer in some of the in-creased rates proposed; this slight advancecan easily be absorbed by the dealers, par-ticularly if business increased only a slightpercentage of what it should as a result of greater prosperity among the net earnings increased, the
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