Gain valuable insights into the intricate and complex world of accounting for railroads and railways, covering topics such as valuation, depreciation, capitalization, operating expenses, and income. This expert commentary by Henry Carter Adams offers a comprehensive overview of the accounting principles, practices, and challenges faced by American railway companies during the early 20th century.

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.

This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.

Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.