Deutsche Geschichte: Anhang. Bibliographie. Register

Valuation, depreciation and the rate base

Bibliographic data

Multivolume work

Identifikator:: 1892063557

Document type:: Multivolume work

Author:: Lamprecht, Karl http://d-nb.info/gnd/118569015

Title:: Deutsche Geschichte

Place of publication:: Berlin

Publisher:: Gaertner

Year of publication:: 1891-

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Volume

Identifikator:: 189207334X

URN:: urn:nbn:de:zbw-retromon-234945

Document type:: Volume

Author:: Lamprecht, Karl http://d-nb.info/gnd/118569015

Title:: Anhang. Bibliographie. Register

Volume count:: Bd. 12 = Schlußbd.

Place of publication:: Berlin

Publisher:: Weidmann

Year of publication:: 1909

Scope:: VIII, 439 S.

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Multivolume work

Structure type:: Chapter

Title:: Gesamtregister

Collection:: Economics Books

152 VALUATION, DEPRECIATION AND THE RATE-BASE within reach, when streets are improved, when sewers are built, when tunnels or bridges for better intercommunication are con- structed. The addition of this value cannot always be imme- diately capitalized but it is nevertheless an asset and should not be entirely lost sight of when rates are to be fixed. This point is here brought out in order that the reasonable- ness of allowing the owner of the public utility a fair profit in addition to ordinary interest on his investment may be realized. Public Contribution to the Revenue of Public Utilities. — The owner of real estate or other property even when not served by the utility, may reasonably be required to make a direct contri- bution toward its earnings. Not all of the revenue should, in other words, come from the rate-payers. It is frequently prac- ticable to secure a contribution from the property owner who is not a rate-payer by establishing a high rate for the service rendered to the public and thereby reducing the rate for the service to the rate-payer, or by a remission of local taxes in whole or in part, or by granting a bonus when a new installa- tion is involved. When an effort was made some years ago by a rival telephone company to secure permission to operate in San Francisco, the inducement of free service for all city departments was held out. The advisability of accepting the offer of the outside com- pany was passed upon by the author, who was at that time City Engineer of San Francisco, and the disadvantage of com- petition in the telephone service was pointed out. The new company did not acquire the requested privilege at that time, though it did so under a later administration. The acceptance of the offer to render service free to the City, while attractive, was unfair to the rate-payer who is thereby made to carry, not only the full burden entailed by the telephone service of which a part should be carried by the vacant lot, but also the additional amount which is saved to the City by free service. While it would be correct in principle and economically sound to let a suitable part of the revenue of every public utility be provided by a general tax, the application of this principle is

Access restriction

Copyright

fullscreen: Valuation, depreciation and the rate base

Multivolume work

Volume

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation