as compared with 0.89 in 1883.
| Tons moved 1 m. in 1883 by railroads of N.Y. | 9,286,216,628 |
|---|---|
| At rate of 1855, would cost | $303,659,283 |
| Actual cost in 1883 | 83,464,919 |
| Saving to the State | $220,194,364 |
The explanation of this reduced cost is given by Mr. Edward Atkinson135 as (1) the competition of water-ways, (2) the competition of one railway with another, and (3) the competition of other countries, which forces our railways to try to lay our staple products down in foreign markets at a price which will warrant continued shipment. Besides these reasons, much ought also (4) to be assigned