Publisher's Synopsis
Excerpt from The Methods Used by Public Utility Commissions in Arriving at the Proper Depreciation and Valuation of Electric Light, Power, and Railway Companies and Their Effect on Rate Regulation
In view of the fact that a subject such as werhave chosen for investigation is out of the beat en path of design or experimental theses) -t% feel that a word of explanation might not be amiss. A1 tho not strictly technical in nature, the subjects to be treated are of vast importance not only to every business man, but also to every engineer. Someone has stated the case very plainly: Engin sering, viewed from one standpoint, consists in the application of the physical sciences, from another, in applying the laws of economics? The importance of the financial side of an engéneering undertaking has been recognized more and more until now we have evenutility engineers?
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