Ah, but Dennis, suppose I shipped a box car of $100 bills to the bank,
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and withdrew it again as pennies?
:-) Tim "infungible" O'Connor
I've heard of storage in transit for grain, but milling in transit??No, it was a single tariff designed to keep the flour traffic on the line that had originated the grain move. It goes back a long way; here's a link to a nespaper article from 1890:
Wouldn't the transformation of bulk grain into bags of flour involve
an entirely new tariff?
Keep in mind that grain is fungible, like money is. When you go to the bank to make a withdrawal, you don't get the same money you deposited back; you get different but equal money. Grain is the same, you don't get your grain back out of the elevator, you get different but equal grain. Same with milling in transit. You don't get the flour that was milled from the grain you hauled in; you get equal flour milled from different grain. So, the car just emptied of grain can be immediately refilled with flour and sent on its way.