Word: costs
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
Once Senator Smoot tried to start a woolen industry in Provo, Utah. Business genius though he is, he soon gave up. Why? 1) Because it cost him $2.25 a hundred to get wool from San Francisco whereas Bostonians got wool from San Francisco for 75c. 2) Because Bostonians could ship their finished product to Chicago for 50c whereas it cost him $3.40 from Provo...
...with water routes-ocean, lake or Panama Canal. A railroad gets business in the first instance for service which water routes cannot render (service of speed, service to interior localities), for which it charges presumably a fair rate. But the more business a railroad gets, the less its operating cost per ton per mile, the greater its profits. So, to swell the volume of its business, a railroad will take business at "cut rates" which otherwise it would not get because of water competition...
...from an increased volume of traffic through its heart, partly because it saw the nation's need, New York lately offered to turn its canal over to the Government and then put on political pressure to get the Government to accept. Army engineers were assigned to survey the cost and feasibility of widening, deepening and operating the canal...
...elevated either permanently or when each vessel passed, whereas the St. Lawrence route would have only seven locks, no bridges and only 33 miles of "restricted" navigation. 4) That there might at times be shortages of water with which to operate the New York canal. 5) That the cost of the New York route is four times as great as that of the St. Lawrence route: $560,000,000 from Oswego to Manhattan plus some $125,000,000 to $155,000,000 for building a canal around Niagara Falls on the U. S. side in order to make the entire...
...make open appeal for the funds required to answer them, and we are glad that it has done so. Every dollar of that portion of the five millions of new endowment which is to go for research will help achieve for the American people values inestimably larger than their cost in money...