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For Government Ownership Of Railways

For Government Ownership Of Railways image
Parent Issue
Day
21
Month
February
Year
1896
Copyright
Public Domain
OCR Text

Washington, Feb. 20.- A atrong argument for government ownership of railways is containod in a repors to the state department by United States Consul Moore at Wei mar upon the Prussian railroad system. He shows that last year the gross reoeipts from these rnilways iras f244,467, 174, or moro than half the entiro revouue of the state. The nat earnings, deduciing $f)3,240,6-'0 interest on borrowed capital and sinking fund, ware $51,051,001', whioh will bo turned into ihe treasury for the use of the state. ïhis sum is larger than the income derived from taxes of all kinds.

Article

Subjects
Ann Arbor Argus
Old News