Private railroad promoters

Reference no: EM13207913

When private railroad promoters asked the united states government for subsidies to build their railroads, they gave all of the following reasons for their request except that it was

a. too risky without government help
b. too costly without government help
c. the railroads would repay the subsidies by oaying higher taxes
d. private investors would not acept initial financial losses
e. impossible to serve military and postal needs without government help

Reference no: EM13207913

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