Panama and the canal in picture and prose .. . rates. That 410 PANAMA AND THE CANAL will be done by the regular lines. Normally thereshould be keen competition between the railroadsand the steamships with a very marked drop inrates. But it will not be well to base too great hopeson this possibility. Transportation rates, evenwhere there is nominally free competition, are notoften based wholly on the cost of the the traffic will bear is more often the chieffactor in rate making. Because ships can carryfreight from New York to San Francisco for three less vigilance and probably nece
Panama and the canal in picture and prose .. . rates. That 410 PANAMA AND THE CANAL will be done by the regular lines. Normally thereshould be keen competition between the railroadsand the steamships with a very marked drop inrates. But it will not be well to base too great hopeson this possibility. Transportation rates, evenwhere there is nominally free competition, are notoften based wholly on the cost of the the traffic will bear is more often the chieffactor in rate making. Because ships can carryfreight from New York to San Francisco for three less vigilance and probably necessitate a materialextension of its authority. In other than material ways the nation will largelyprofit. I think that the fact of the Canals havingbeen built by army engineers will go far toward cor-recting a certain hostility toward the army which iscommon in American thought. The Canal provesthat the organization of the army, the education ofits ofificers, is worth something in peace as well asin war. Of course this has been shown before in. Copyright by Underwood & Underwood FLOATING ISLANDS IN GATUN LOCK ENTRANCE These islands, formed of aquatic plants with entwined roots and a Httle soil, must be towed away by tugs and sent over the spillway lest they block navigation. dollars a traffic-ton less than the railroads does notimply that they will do so. Nor does it ensure thatrailroad rates will drop spasmodically in a vaineffort to keep all the business away from the is it probable that certain classes of freightlike lumber, coal and ore will be left wholly to theships, and some form of agreement as to the essen-tials of the general rate card will be arrived at. Itis this agreement, which in some form or other issure to come, that will engage the attention of theInterstate Commerce Commission, arouse its cease- countless public works scattered over the land, butnever hitherto in a fashion to command such atten-tion and to compel such plaudits. There were fiveColo
Size: 1981px × 1262px
Photo credit: © The Reading Room / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookauthorabbotwil, bookcentury1900, bookdecade1910, bookyear1913
