Taxpayers or Investors: Who Paid for the Land-Grant Railroads?

Taxpayers or Investors: Who Paid for the Land-Grant Railroads?

Professor Mercer examines the subsidies to seven major land-grant railroads in the United States and Canada and finds that such subsidies made very substantial contributions toward paying for the investment in those railroads.

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Business history review 1972-10, Vol.46 (3), p.279-294
1. Verfasser: Mercer, Lloyd J.
Format: Artikel
Sprache:eng
Schlagworte:
Book value
Cost estimates
Financial investments
Investment subsidies
Investment value
Net investment
Present value
Railway systems
Revenue
Subsidies
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Beschreibung
Zusammenfassung:Professor Mercer examines the subsidies to seven major land-grant railroads in the United States and Canada and finds that such subsidies made very substantial contributions toward paying for the investment in those railroads.
ISSN:0007-6805
2044-768X
DOI:10.2307/3112740