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Transportation Economic Principles & Practices HC 1940
Transportation Economic Principles & Practices by Johnson, Huebner & Wilson Hard Cover 1940 678 Pages Notes and wrting in this copy. FIRST two pages (before the title page) are missing.
PREFACE
THIS VOLUME, Transportation: Economic Principles and Practices, is the successor of Principles of Transportation by the same authors. The present book is not a revision of the former one that was published twelve years ago, but is one that has, for the most part, been written de novo. Transportation is a business in which services rendered, facilities and agencies employed, and methods of conducting operation have been changing with exceptional rapidity during recent years. The modification and development of government policies of aid and regulation have been equally rapid. The present volume is such a treatise upon the economics and business of transportation as is needed not only by university and college students, but also by transportation officials and employees whose ability to be of service can be enhanced by a comprehensive knowledge of the business of which their special activity is a part.
Each of the five kinds of transportation, railroad, pipe line air, water, and highway, is discussed, special care having been taken to give to each type or agency of transportation its appropriate portion of the treatise as a whole. One third of the volume is devoted to railroad transportation and the practices, principles and problems connected therewith, the remaining two-thirds being apportioned among the other kinds of transportation.
The business of transportation-the facilities, services, business' methods and procedure-is here emphasized in the discussion of each type of transportation. The theory and practice of rate-making and the' principles and policies of government regulation are given due consideration, but the discussion .of them does not occupy the major portion of the entire volume. The book is a treatise upon the business and the economics of transportation as a whole and of the component parts thereof. This treatment of the subject should make the volume instructive and helpful to the man engaged or employed in the transportation business, and should give the university or college student what he needs to understand and to evaluate theories of rates and charges; while both men of affairs and the university and college students who are to become men of affairs should, by a study of the volume, have a better grasp of the principles to which the carriers should adhere in serving the public and the principles which should control government policy in the regulation of transportation and carriers.
A comprehensive account of the economics and business of transportation should have for its logical conclusion and summary a brief presentation both of what constitutes an ideal transportation system and of the policy that should be followed in bringing into existence and in regulating such a system. The transportation goal to be sought by the people and Government of the United States is the continuance and expansion of private initiative and enterprise, the coordination and integration of the facilities and services of the several kinds and agencies of transportation into a unified and truly national transportation system. To accomplish this there must be a definite and consistent national transportation policy by which sound principles of government aid and regulation will be applied to each and all of the several interrelated parts of the unified transportation system. For this reason, the last two chapters of the following treatise discuss the coordination of transportation and a national transportation policy.
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