CHAPTER IV

RATE MAKING IN PRACTICE

Evolution of rate sheets, 101.--Terminal v. haulage costs, 102.--Local competition, 104.--What the traffic will bear, 107.--Trunk line rate system, 111.--Complexity of rate structure, 113.--Competition of routes, 114.--Competition of facilities, 116.--Competition of markets, 118.--Ever-widening markets, 119.--Primary and secondary market competition, 121.--Jobbing or distributive business, 124.--Flat rates, 127.--Mississippi-Missouri rate scheme, 128.--Relation between raw materials and finished products, 134.--Export rates on wheat and flour, 135.--Cattle and packing-house products, 139.--Refrigerator cars, 140.--By-products and substitution, 142.--Kansas corn and Minnesota flour, 143.--Ex-Lake grain rates, 145.