We strive to deliver the best value to our customers and ensure complete satisfaction for all our textbook rentals.
You can return your online books for any reason within our refund period – no questions asked.
Every order is available for express shipping, and return shipping is always free.
You'll be happy with the quality of your books (or we'll ship you another one on our dime).
You can extend your rental at any time – at the same cheap daily rental rate.
If you decide to keep the book it will never cost more than the purchase price.
As always, you have access to over 5 million titles. Plus, you can choose from 5 rental periods, so you only pay for what you’ll use. And if you ever run into trouble, our top-notch U.S. based Customer Service team is ready to help by email, chat or phone.
Supplemental materials are not guaranteed for used textbooks or rentals (access codes, DVDs, workbooks).
Railroad Transportation: Its History And Its Laws
by:Arthur Twining Hadley
Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: CHAPTER III. RAILROAD OWNERSHIP AND RAILROAD SPECULATION. Distinctive features of railroad business—Corporate ownership—Its present extent—Past history—Good and evil...
Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: CHAPTER III. RAILROAD OWNERSHIP AND RAILROAD SPECULATION. Distinctive features of railroad business—Corporate ownership—Its present extent—Past history—Good and evil connected with it—Speculation— Commercial crises—Events preceding the crisis of 1884—Speculative railroad building and its results—Attempts to control it—Railroad accounts—The income account and the general balance sheet—Difficulty of separating maintenance from construction—How far railroad reports can be serviceable to the investors. UNTIL about 1850, it was assumed that railroad business was subject to the same laws as any other business, and in particular to the so-called law of competition, by whose free action rates would be brought down to cost of service. It was gradually seen that this assumption was not strictly true; that in many instances it was very far from the truth. A railroad differs from many other business enterprises, in the existence of a large permanent investment, which can be used for one narrowly defined purpose, and for no other. The capital, once invested, must remain. It is worth little for any other purpose than the one in question. A railroad cannot contract its capital merely because it does not pay; nor can it be paralleled at short notice when it happens to pay remarkably well. In these respects it differs quite sharply from a bank or store; and, to a certain extent, from a factory. The different lines of business—bank, store, factory, railroad—form a series, at one end of which we have an elastic business capital,which can be readily expanded or contracted, while at the other end we have a large permanent investment of " fixed " capital, which cannot thus adapt itself to the wants of trade. This is why it is so often said that the ordinary laws of political economy do not ...
WHAT'S BONUS TIME?
Normally, new semester rental orders are exactly 125 days.
With “Bonus Time” you can order early and get a FREE extension until 12/19*.
It’s our little way of rewarding you early renters for planning ahead.
But do hurry. The “Bonus Time” offer runs out on 8/8 (11PM PST).
* It can take up to 24 hours for the extension to appear in your account after you receive your textbooks.
Since launching the first textbook rental site in 2006, BookRenter has never wavered from our mission to make education more affordable for all students. Every day, we focus on delivering students the best prices, the most flexible options, and the best service on earth. On March 13, 2012 BookRenter.com, Inc. formally changed its name to Rafter, Inc. We are still the same company and the same people, only our corporate name has changed.