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Deducting from the expenditures the sum of $1,896,525, the amount of appropriations for ocean-steamship and other special service, the excess of expenditures was $4,541,466. By using an unexpended balance in the Treasury of $3,800,000 the actual sum for which a special appropriation is required to meet the deficiency is $741,466.
But since 1890 there has been a rapid tendency toward a consolidation of business enterprises, by which railroads became united into a few gigantic systems, street railways were consolidated into a few large companies, and ocean-steamship companies amalgamated into an international combination. 215. =Government Ownership vs. Regulation.= Nor did monopoly confine itself to transportation.
Deducting from the expenditures the sum of $1,896,525, the amount of appropriations for ocean-steamship and other special service, the excess of expenditures was $4,541,466. By using an unexpended balance in the Treasury of $3,800,000 the actual sum for which a special appropriation is required to meet the deficiency is $741,466.
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