H. T. NEW COMB
OF THE BAR OF THE DISTRICT OF COLUMBIA
Author of "" Railway Economics," "The Postal Deficit," "Some Consequences
of the Trust Movement," "Recent Phases of the Labor Problem," "The
Federal Courts and the Orders of the Interstate Commerce Commis-
sion," "The Facts About Railroad Rates," "The New Interstate
Commerce Law," "A Conservative Trust Policy," "Public Own-
ership and the Wage-Earner," "Railway Capitalization,"
UNIVERSI
NESTANFOR
LIBRARY
Reprinted from the Yale Review of August, 1907