CHAPTER X

THE TRUNK LINE RATE SYSTEM: A DISTANCE TARIFF

Conditions prevalent in 1875, 356.--Various elements distinguished, 358.--The MacGraham percentage plan, 360.--Bearing upon port differentials, 361.--The final plan described, 363.--Competition at junction points, 368.--Independent transverse railways, 370.--Commercial competition, 372.--Limits of the plan, 375.--Central Traffic Association rules, 376.