.WAY 8K UK UNITED STATES. 



rates ha* been general ; it ha* not bei 

 V few eiamplea will serve 



*wv^.:^ ,. MfM bOk i 



Hlt.,i;.-th,-r. 

 The efficient cauM of thr redurtin in 



dnubtltm* l M i Mi[.-t. !:;. in- 1 I 1 -,.' , > 



- ' i J% l^ ^ V w^r MW WU* 



roads to any important extent, i 



r*andmark*U,tb* 



way* for ooc cessions, The reduction in freight 



hot U-rl, - - |,ril,r,| t., 



....-..-.:.:.. ' , . --. 



a on grain and flour from t*hir, 

 grain ami thr K*i. 



reat impor 

 an average of 83*41 cent* to 86 



... mm pofe* .... ' . - - 



i * , J . _ , i^^^aisM^ m.i 



IIU UT 10V lOQV^e^sW ^sW Uf vWMHelK eMHl BeWDr 



' 

 a train. The 



of nej*'tig<n lo 

 hi (he ei 



ifsjFJBjf 

 pound*. Th< rntr* ..n c,,tt,,n. thr K -n at ' .Ujur 



The cotton rat 



rlcan*, wl. 

 coropetiti. water routes, was 55 err 



.rmeryearun.: M 



are not extreme instances, bat are typical 

 Uons affecting *ome of the most im|iortant articles 

 kipped 



:nu*t not be supposed that thr amount aaved 



:ne in rates represent* a 



railnutii rate* 



ha- hr!|H-.l mat, n.i;:\ |fl l-niu- aU-ut UM - DOmK II 



a in tra!' 

 a relative saving in UM expense of ooml 



The increase in the volume of traffic baa 

 been accompanied by a correspondingly great 

 ease in operating expenses, several causes nav- 



l!lri>ml>in.-<l t- |T.l:n great T . ::.\ . f . ; . r .1 



tion. There was between 1880 and 1805 an increase 

 per cent, in the density of passenger t raf- 

 fle, and 80 per cent in that of freight traffic. The 

 efficiency of one employee shows a much 

 Mam bsJ0j repreeesjtod bj 18,101 

 nd :?.-!:; UM .;:. ta ifen , : 

 by 15426 passenger miles and 108^65 ton miles in 

 !*:,. Thi- ,-rti, ., v ootaiaed bi UM M ' 



work done by each locomotive 



^J*ZSZSSZ 



' |J , : ' . v . . .- . . :.- 



: . , ' - ...... . . . . 



* from the W* 







to certain 





railav booinsss. a le 

 one-third 



tain snippers, UM prtvtleg* of 



,.'; '-',, i. 



. ^ 



what less than oM > Tw!sMMth w UM 



raffle. Sutinir the rrMilu in differmt wonls, 



work has been s^eoajpHehed by each smile of trar k. 



. . i . : . . : : ; . . x . . . ., ...... .'.'.. 



and each dollar of capital, while the reverse is trwe 



of pa**enger trains and both 

 oars. The net result is that the 

 tion as a whole has 

 than the volume of traffic. The 

 rose during the period 

 I8HVB16M to mTaO.415. an 

 .vnt. Tin* i* a 



of 114 oar 

 the raU of to- 



jfe*Jss^Bi*aft Ism *--- k*B^Ba^hSA*ika^ fsf^tfll^* r^nf fJsfesjMesV i*vssM tlaAM 

 CfvelsW ID UW IMMHHVr WeOT^ ii eVieOT t^M MsM 



that the railway hsjeinssi a* a whole K ia the laa- 



