Charles River Bridge Case

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Title: Charles River Bridge Case

Essay Details:

Subject: American History

Author:

Date: January 20, 2013

Level: University

Grade: A

Length: 3 / 761

Essay text:

The Boston community was now enjoying the convenience of two bridges, and Harvard College was enjoying annually the use of money in compensatory payments. As the traffic on both spans increased, the tolls poured in and the value of the stock grew apace. By the 1820s, Massachusetts chartered a third bridge, the Warren Bridge, which was to be constructed within a few rods of the Charles River Bridge. The Charles River Bridge proprietors strongly objected to this third bridge because the competition would diminish their profits. But Massachusetts citizens viewed the Charles River Bridge as monopolistic and welcomed competition and reduced tolls...

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