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The Effects Of Railroad Deregulation, Patrick H. Murphy
The Effects Of Railroad Deregulation, Patrick H. Murphy
Theses
This thesis focuses on the hypothetical question: Would American railroads meet their obligation to provide freight service at reasonable cost if no regulation restrictions were imposed?
Railroads were originally regarded as great industrial giants spearheading the development of this country . Wild West movies depicted men driving a golden spike where the railroad from the West met the railroad from the East. This was pictured as a very exciting and romantic time in our history.
However, there were too many abuses. In 1887, the Congress decided to control special rates, the pass system, rebates and discrimination, and passed into law …