Excerpt from Fourteenth Annual Report of the Board of Railroad Commissioners of the State of New York, Vol. 1: For the Year 1896 Supervision of railroad properties and corporations are, better ser vice, better maintenance, reduced rates whenever conditions war rant and a guarantee to the roads that in giving these they will be protected in the enjoyment Of their franchises to the extent Of being permitted to earn Operating expenses and fixed charges and make fair returns to their stockholders. There is no need for another trunk line in this State at the present time. Laterals will gradually be extended into unoccupied territory, but this is a field particularly inviting to electric roads, and many such feeders to trunk lines are being built where there is public demand for rail road facilities, but where the traffic does not warrant the construe tion and maintenance Of a steam road. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.