Letter of Hon. Martin A. Knapp, Chairman of the Interstate Commerce

Commission, to Hon. Stephen B. Elkins, Chairman of the Senate

Committee on Interstate Commerce, covering a then pending bill

providing for railway valuation, March 25th, 1908.

Footnote 36:

Pages 18-19.

Footnote 37:

C., C., C. & St. L. Ry. _vs._ Backus, 154 U. S., 445.

Footnote 38:

_Proceedings_ of the 22d Annual Meeting of the American Economic

Association.

Footnote 39:

Page 11.

Footnote 40:

Decision and order of the Railroad Commission of Wisconsin, issued

August 3d, 1909, in the case of Hill _et al._ _vs._ Antigo Water

Company, pp. 84-85.

Footnote 41:

Page 139.

Footnote 42:

Shortly after the Kansas City Water Company case and the classic

decision of Mr. Justice Brewer, and since developed by the suggestions

of a number of engineers, among them John W. Alvord, M. Am. Soc. C.

E., whose admirable article on "Going Value of Water-Works," presented

at the Milwaukee Convention of the American Water-Works Association,

held in 1909, is familiar to all students of water-works valuation.

Footnote 43:

Page 155.

Footnote 44:

Page 144.

Footnote 45:

_Transactions_, Am. Soc. C. E., Vol. LXIV. p. 94.

Footnote 46:

Bulletin 21. Department of Commerce and Labor, U. S. Bureau of the

Census.

Footnote 47:

"The Principles Governing the Valuation for Rate-Fixing Purposes of

Water-Works Under Private Ownership." By Arthur L. Adams. _Journal_,

Assoc. of Eng. Societies. Vol. XXXVI, No. 2.

Footnote 48:

The Minnesota Commission classified all roads as "Carrying Roads" or

"Switching Roads," the latter being mostly Union Depots.

Footnote 49:

This paper will be published in a subsequent volume of _Transactions_,

Am. Soc. C. E.

TRANSCRIBER'S NOTES

1. Used a comma instead of a space after every third digit from right

to left in numbers of more than three digits in keeping with authors

preference.

2. Table 9 on p. 228 has an error in the math. The total of the second

column is $1,259,149,434 instead of $1,259,049,434. The latter does

agree with the difference arrived at in the next line.

3. Added "Grand total—All assets" to last line in Table 10 on p. 230 as

this description agrees with the actual totals provided.

4. Silently corrected simple spelling, grammar, and typographical

errors.

5. Retained anachronistic and non-standard spellings as printed.

6. Enclosed italics font in _underscores_.

7. Adjacent identical columns duplicated more than twice were not shown

in the representations of the forms.

8. The forms that were too wide were split. The following section(s)

originally continued to the right.

The Valuation of Public Service Corporation Property Transactions of the American Society of Civil Engineers, vol. LXXII, June, 1911, ASCE 1190 · 第 35 / 35 段