Nationalization of Railways in JapanColumbia university, 1915 - 154 pages |
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Common terms and phrases
¹ Cf ¹Cf amortization amount annual Archiv für Eisenbahnwesen Bantan Line basis building car-load cars cent class-system competition construction cost Daimyos distance earnings economic Eisenbahnen enterprises expenses express or fast favorable finances freight rates freight traffic funds Hachioji Hokkaido III Class increase industry interest ization Japa Japanese railroads Japanese state railroads Japans V. S. Keizai Kins Kioto Kirchhoff Lotz Meiji Shijunendo Tetsudo ment merchandise million yen Nakasendo Naoetsu Nihon Tetsudo Ron Normal Class operating surplus Osaka passenger fares passenger traffic Poronai present principle private railroad companies private roads profit question rail railroad administration railroad debts railroad loans railroad policy rate policy rate-schedules rate-system Rathgen reason receipts regarding regulations return-trip tickets Sanyo Line Seki Seligman Sendai Shijunendo Tetsudo Kyoku Shikoku sliding-scale system tariff terminal charges Tetsudo Kyoku Nenpo tion Tokaido Line Tokio Uno Line Verkehrsentwicklung in Deutschland yen yen Yokohama Yokohama Line
Popular passages
Page 89 - value " of a transportation service </ is sometimes defined as the difference between the price of the commodity in question at the point of shipment and the price at the destination...
Page 1 - It is a unique building we are here dedicating, the like of which, so far as I know, is not to be found in any other American university.
Page 49 - ... and in the other contingency, in which the cooperation of maritime interests is needed, the private roads have again proved themselves insufficient. It was further shown in the war with Russia that the operation of the private railroads, constructed with poor materials, was absolutely deficient. 2. Q. Do not the unremunerative lines included in the resolution have a bad effect on state finances? This question was not answered. The third question is of no importance here. 4. Q. Does not the new...
Page 1 - ... economic life. They are the lack of the individualistic idea (or independent spirit) of the people and the lack of capital. The Japanese people, who were for a long time under the idealistic-stoic influence of Buddhism and Confucianism, as well as subjected to the despotic pressure of the feudal system, have a very weak, independent emotion, so that the economic life of the nation has naturally been depressed to a low level. Under such conditions the state-socialistic idea spreads rapidly among...
Page 53 - What, then, is the deeper reason for the fact that, since the war, the demand for nationalization has repeatedly been renewed ? I believe that it is to be found in the desire for expansion, which was strengthened by victory. There is no doubt that nationalization was carried through mainly on the strength of the military argument; but it is to be questioned whether, during the war with Russia, the railroads were really so deficient that their nationalization was absolutely necessary.
Page 1 - ... my opinion, there are two great intellectual and physical obstacles in Japan which have hitherto hindered the development of its economic life. They are the lack of the individualistic idea (or independent spirit) of the people and the lack of capital. The Japanese people, who were for a long time under the idealistic-stoic influence of Buddhism and Confucianism, as well as subjected to the despotic pressure of the feudal...
Page 66 - ... on the grounds mentioned above in 2 and 3, and those loans or other liabilities contracted according to the law of nationalization — are, if not yet paid off, to be charged to the railroad debit account. The sums needed for the payment of interest and sinking fund are to be transferred from the railroad account to the books of the special fund for amortizing state debts. 8. After subtracting the amount destined by law for the reserve fund, the rest is transferred to the capital account. By...
Page 50 - Will the flow of money to other countries be increased, and our svstem of banknotes weakened? roads will yield 50 million yen annually to the state exchequer, when, after 40 years, the amortization of the railroad loans has been completed. Although an addition to the state debts is not pleasant to contemplate, one need harbor no doubts, for the loan in question is a productive one; there...
Page 52 - On the political side the government emphasized the necessity of protecting land and people from foreign influence over the railroads by nationalization. If the shares of the private railroads were already being bought up by foreigners, it would be impossible to lower the railroad rates on the ground of social welfare — by which act a so-called national protective policy was to be carried into effect. In case of mobilization, the management of military affairs would not be carried on so well by...
Page 11 - Formerly, when the political power was still in the hands of the feudal lords, Japan was merely an agricultural country. Trade and commerce were of very little importance under the old regime, with its undeveloped methods of commercial intercourse. It is only since the restoration of 1868 that Japan has entered upon an economic life of the European type.