The Motor Industry, Its Growth, Its Methods, Its Prospects, and Its Products

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Excerpt from The Motor Industry, Its Growth, Its Methods, Its Prospects, and Its Products: With an Indication of the Uses to Which Motor Vehicles of All Kinds Are, or Could Be Advantageously AppliedLastly, we have the class Of legislation which makes it expensive to be the possessor and user of a motor vehicle. Taxation of the motor owner on a strictly moderate scale may be justifiable, but directly such taxation becomes really high, it discourages the develop ment of the industry and, furthermore, directs it into wrong channels. Thus, for example, the scheme of taxing motor vehicles on the basis of the horsepower of their engines necessarily depends on some arbitrary formula for the assessment of the power. The adoption of such a formula, in turn, encourages undue stress to be laid by manufacturers on SO arranging matters as to bring their vehicles within a category, the taxation of which is low. °this almost inevitably entails a bad in¿uence on designers, who are encouraged to work with a View to getting round the formula rather than with the object of developing the most perfect engine possible.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.