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Report on Leading Railroad and Public Service Commissions

Report on Leading Railroad and Public Service Commissions


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Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: road companies for right of way in excess of its real value. The Oregon Commission seems to follow in this respect the Minnesota Commission, which established a multiple of three as to country land, and about one and twenty-five hundredths as to city terminal property. The results of these investigations will be published in the annual report, but not in as much detail as the Washington findings, and will be used, but only in conjunction with other elements, in fixing rates. I examined in detail the work now being done by Engineer W. H. Earl of the Commission along these lines. Mr. Earl has examined the original records, such as profiles, vouchers, and contracts to be found in the railroad offices, and in this way has secured complete data concerning the original cost of construction of most of these lines. For some of the lines, he has worked out in detail the cost of reproduction, according to unit prices. He has worked out carefully a series of unit prices for the different kinds of material used in railroad construction. His results were secured by ascertaining the price actually paid in a large number of cases, and striking an average. Chairman Aitchison of the Commission considers the work which the Commission has done in this matter to be of very considerable merit. Mr. Earl has found the quantities as submitted by Mr. Pope of the Harriman lines to be generally about correct, but points out the necessity of scrutinizing with the greatest of care the last items on the list of expenditures, such as freight for men and materials, legal expenses, equipment, interest and commissions. These last items alone raised the valuation submitted for one of the Harriman lines from about $29,000,000 to about $40,000,000. PUBLIC UTILITIES. As already stated, the act of the legislat...


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Product Details
  • ISBN-13: 9781458962959
  • Publisher: General Books
  • Publisher Imprint: General Books
  • Height: 246 mm
  • No of Pages: 40
  • Spine Width: 2 mm
  • Width: 189 mm
  • ISBN-10: 1458962954
  • Publisher Date: 01 Feb 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 91 gr


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