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Conclusion that is better if the second train was not started up, quite correct. A conclusion about
Desirabilities of that the railway bore responsibility for the caused
It the damage, is false. We will change assumptions concerning a rule about
Responsibility. We will assume that the railway is responsible for a damage from
The fires called by locomotive sparks, the farmer which earths adjoin to
To the railway, it appears in such position that if its crops are
Are burnt by a fire because of the railway, it will receive a market price from the iron
Roads; but if its crop hurts nothing, it will receive the same market price
After sale. To it becomes all the same, whether will burn fire its crops or not.
Position absolutely other when the railway is not obliged to indemnify a loss.
Any fire called by locomotive sparks and crop loss will reduce incomes
The farmer. Owing to it it will withdraw from processing all grounds, for
Which probable damage more than the net profit (a detailed explanation of the reasons
See in section III). Means, transition from a situation, when railways not
Are responsible for a damage, to such when they respond, most likely, will lead to that,
That there are more than the earths adjoining the railway, will enter into operation. And,
Certainly, it will lead to that volume of the crops destroyed by fires from
Locomotive sparks, also will increase.
Let's return to our arithmetic example. We will assume that with change
Rules about a damage liability there was a doubling of the area of crops,
Destroyed by "railway" fires. At one train in day will be
To be destroyed crops on 120 dollars a year, and at two trains in day - on 240
Dollars We already saw that would be unprofitable to hold the second train even at
Annual indemnification for a damage in 60 dollars At an annual damage in 120 dollars losses
From operation of the second train will be on 60 dollars more. We will return once again to
To the first train. Value of transport services of this train is equal 150 dollars
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