[510] Discussed in chap. XX.
[511] Quarterly Journal of Economics, 1907, p. 618.
[512] Calculations of C. C. McCain on the Diminished Ratio of Railway Rates to Wholesale Commodity Prices, in connection with the increases in 1910.
[513] Well expressed in a recent soft coal case; 22 I.C.C. Rep., 617.
[514] Further details in our historical summary in chap. I.
[515] The main sources of the following chronicle have been the files of Annual Reports of the Interstate Commerce Commission and of the Railway Age and Age-Gazette.
[516] A carload of bamboo steamer chairs across the continent for $9.40 is a cut to the bone indeed. 21 I.C.C. Rep., 349.
[517] 54th Cong., 2nd sess., Sen. Doc. 115, is as fine a picture of utter rate demoralization as can be found.
[518] Shown by diagram at p. [32], supra.
[519] Senate (Elkins) Committee, 1905, pp. 2730 and 2874.