. Baltimore and Ohio employees magazine . portation may be calleda commodity, but it is not a railroad sells is a capacity to effecttransportation; and what the puV)lic buys is theuse of that capacity and not the means the money a railroad spends, whether forlabor, capital, materials, intelligence, or ter-minal structures, is directly or indirectly forthe purpose of producing train miles. All themoney a railroad takes in is for passenger andton miles. A railroad does not sell its trains;it sells only their capacity. What it getsfrom the passengers and tons occupying
. Baltimore and Ohio employees magazine . portation may be calleda commodity, but it is not a railroad sells is a capacity to effecttransportation; and what the puV)lic buys is theuse of that capacity and not the means the money a railroad spends, whether forlabor, capital, materials, intelligence, or ter-minal structures, is directly or indirectly forthe purpose of producing train miles. All themoney a railroad takes in is for passenger andton miles. A railroad does not sell its trains;it sells only their capacity. What it getsfrom the passengers and tons occupying thatcapacity is out of its control entirely. Ratesare made by state laws or by the InterstateCommerce Connnission. Inable to control itsincome, the railroad has all the greater reasonto look at the cost of its train miles, that is, .tothe control of its outgo. If it should lose con-trol of its outgo, having already lost control ofits income, it would obviously be in a parlouscondition. But exactly that is taking place.—New York YOURS BY RIGHT ND dont lose sight of this: the worldis beautiful or ugly according to yourdisposition; climatic and atmosphericconditions have nothing to do withit; wealth and even health are merely contributoryinfluences. The little po^ boy of Laplandlaughed and sang amid the blizzard and madethe gloom around him smile. The happie^ andjollied spirit America has yet produced wasMarshall P. Wilder, undersized, deformed, neverentirely well. The mother crooning to her babyin a cabin knows the meaning of joy profound,while the childless woman in the palace wondersat the emptiness of life. The sightless crippleselling newspapers on the corner smiles the frownout of countless seeing eyes. Happiness is has its being in the imponderable essence wecall the soul. Adversity has no power to weavemisery into the fabric of life. Joy is yours byright. Enter now into the glory of possession. —Ambition 86
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Keywords: ., bookcentury1900, bookdecade1910, booksubjectbaltimo, bookyear1912
