An Investor's Notes on American Railroads

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