A map showing the canals of the United States.

A map showing the canals of Europe.

A MODERN LOCOMOTIVE—THE TWENTIETH CENTURY LIMITED AT A SPEED EXCEEDING NINETY MILES AN HOUR


CHAPTER VI

TRANSPORTATION—RAILWAYS AND RAILWAY ORGANIZATION; PUBLIC HIGHWAYS

In the United States and western Europe, in spite of the low cost of water transportation, the railways have almost wholly monopolized the transportation of commodities. This is due in part to the saving of time in transit—for under the demands of modern business, the only economy is economy of time—and in part to prompt delivery at the specified time.