Word: hugeness
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
...editorial also attributed the success of Canada's most profitable railway--the Canadian Pacific--to the efficiency of private management. As a matter of fact this railway is profitable,--not alone because of efficient private management.--but also because of the huge land grants made to it by the Dominion Government. About one-half of the total dividends distributed each year is derived from the sale of some of these lands...
...magnificently handled broke down completely, under Government management and traffic became hopelessly tied up. Labor became inefficient and difficult to manage. Last, the rolling stock ad the road-beds were allowed to deteriorate until on turning the railroads back to private hands, the Treasury was forced to make good huge deflcits...
...been in control in peace times of all the important railways except one,--and the only one to make expenses since the war has been the one remaining in private hands. In 1920 the Canadian Government lost $70,000,000 in operating the roads; and in 1921 another huge deficit coupled with the $100,000,000 interest which had to be paid, cost the Dominion half its income. The attached shipping enterprise under government control has also caused grave losses, the capital lost in ships estimated at about one-half...
...remain economically foot-bound. It is true that China is over-populated; there is not, however, an extreme general density of population. In China as a whole the population per square mile is less than half that of Massachusetts and one-third that of England. But there are huge spots of density; as for example, in the far western province of Szechwan, four million people--the equivalent of the population of Massachusetts--life on the Chengtu Plain, an area less than twice the size of Rhode Island; and they are self-supporting at that. If China's potential resources...
...which the advantage to foreign nations of lower labor costs may be offset, is a reduction of the insurance rate below that which obtains in other countries. A huge combination of private companies might conceivably be able to insure at lower rates, and still make a profit; but an easier method of securing inexpensive insurance would be to have the government provide it at cost, a thing which our experience with war-time life insurance for the army and navy shows quite feasible...