SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 40.78+0.7%Dec 10 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GVTucker who wrote (166188)6/11/2002 9:54:01 AM
From: Windsock  Read Replies (2) of 186894
 
GV - Re:"Railroad tracks, all private enterprise"

The idea that Railroads were entirely the result of private enterprise is a popular myth.

The Railroads received huge subsidies from the government in the 1800s to build their tracks in the West. Huge land grants were given to the Railroads to encourage the laying of track in the West. The land included not just the right of way but also large tracts of land along the right of way.

Whole towns were built on Railroad land at a station and huge amounts of money were made from these land grants. The Railroad monopoly along the routes that resulted from the grants produced lots of price gouging by the Railroads and eventually resulted in regulation by the Interstate Commerce Commission.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News