The Commonweal/Volume 1/Number 3/quotation from Daily News
“Unnecessary railways have been thrown into distant lands, while steamships have been too largely constructed in British ports. . . . America has had large crops, is well supplied with most things necessary to its population at a range of prices unusually cheap, and yet it felt the depression of prices because of inability to sell its surplus produce abroad at profitable prices. . . . The railways are cutting each other’s throats, or rather dividends, in their frantic attempts to obtain traffic”—Trade and Finance, Daily News.
This work was published before January 1, 1930, and is in the public domain worldwide because the author died at least 100 years ago.
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