Second Annual Report Of The Board Of Railroad Commissioners Of North Carolina For The Year Ending December 31 1892 Classic Reprint PDF Download

Excerpt from Third Annual Report of the Board of Railroad Commissioners of North Carolina: For the Year Ending December 31, 1893 This too was brought about by a compromise during the last session of the Legislature, with which your Excellency and the public are familiar. Under its old charter the Wilmington and Weldon Railroad was allowed to charge a much higher freight rate than the Commission's Standard Tariff on distances over thirty miles, but on very short distances it was restricted to mere nominal rates - lower than any other road in the State has ever used. By the compromise above mentioned the Wilmington and Weldon Railroad accepted a new charter from the Legislature which put it on an equal footing with the other roads in the State, both as to taxation and regulation by the Railroad Com mission. The Standard Tariff established by the Commission became at once applicable to that road, and while it lowered the rate on long distances in some cases very materially, it raised the rate on very short distances. This has caused some complaint especially from persons who ship ten miles and under, and who did not understand why the increase was made. The Commission, however, felt that after its exemp tions were surrendered the Wilmington and Weldon Railroad ought to be treated exactly as the other large systems of the State and that any other course would be unjust. For a more complete explanation of this matter we respectfully refer your Excellency to the cases reported on pages 545 and 550 of this report. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.