Private toll roads shaped and accommodated trade and migration routes, leaving social and political imprints on the communities that debated and supported them. Private road building came and went in waves throughout the 19th century and across the country. All told, between 2,500 and 3,200 companies successfully financed, built, and operated their toll road. Although most of these roads operated for only a fraction of the 100+ period, the combined mileage of private toll roads that operated at any point in time would be in range of 30,000 to 52,000 miles. The paper explores the character, methods, and purposes of the private toll roads, and draws lessons for the privatization of highways today.
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Paper provided by The Ratio Institute in its series Ratio Working Papers with number
30.
Length: 40 pages Date of creation: 29 Dec 2003 Date of revision: Handle: RePEc:hhs:ratioi:0030
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Find related papers by JEL classification: L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation N71 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - U.S.; Canada: Pre-1913 N91 - Economic History - - Regional and Urban History - - - U.S.; Canada: Pre-1913
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