CHAPTER XLIII.

RAILROAD INVESTMENTS.

Vastness of our Railroad System.—Its Cost.—Fall in the 475

Rate of Interest.—Tendency to a Four Per Cent. Rate

on Railroad Bonds.—Effect of the Change on

Stocks.—Prospective Speculation.—Some Social

Inequities to be Adjusted through Cheaper

Transportation

Fifty years in Wall Street · 第 43 / 105 章