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Scientific American magazine, Vol. 2 Issue 1

Volume 2 — Advantage of Low Fares.

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During the month of July, 1845, when the fare between New York and Boston was reduced to the "ruinous rates" of only two dollars, the receipts on the different routes were $45,208; but during the corresponding month of the present year, with the fare up to four dollars, the receipts have been only $35,963: being nine thousand two hundred and forty-five dollars less for a single month, than when the fares were at half-price.

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