Amending Section 10 of Clayton Act: Hearing...on S. 4576 |
From inside the book
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Page 3
... fact in respect thereto . and in case of such application the Interstate Commerce Commission is required to pass upon the ques- tion and is authorized to finally decide the same . " No common carrier engaged in commerce shall , when it ...
... fact in respect thereto . and in case of such application the Interstate Commerce Commission is required to pass upon the ques- tion and is authorized to finally decide the same . " No common carrier engaged in commerce shall , when it ...
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... facts it may seem wise to make . But as for myself , I have no specific recommendation to make at this moment with respect to amendments to section 10 as it now stands . Coming to Senate bill 4576 , the first point which attracted the ...
... facts it may seem wise to make . But as for myself , I have no specific recommendation to make at this moment with respect to amendments to section 10 as it now stands . Coming to Senate bill 4576 , the first point which attracted the ...
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... fact , " the thought being that the applicant should assume the burden of advising the commission with respect to the facts on which it is requested to make a ruling . I think the import of that is obvious and I need not enlarge upon it ...
... fact , " the thought being that the applicant should assume the burden of advising the commission with respect to the facts on which it is requested to make a ruling . I think the import of that is obvious and I need not enlarge upon it ...
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... fact also ? Commissioner MEYER . It might very well be a question of fact ; yes , sir . Senator KELLOGG . Mr. Meyer , I understand that you recommend this bill with those changes that you have suggested ? Commissioner MEYER . I am ready ...
... fact also ? Commissioner MEYER . It might very well be a question of fact ; yes , sir . Senator KELLOGG . Mr. Meyer , I understand that you recommend this bill with those changes that you have suggested ? Commissioner MEYER . I am ready ...
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... , or somebody asked you to make rules , as to the enforcement of the act ? Commissioner MEYER . Senator , I did not participate in any of those hearings . Senator KELLOGG . Is it not a fact that the 10 AMENDING SECTION 10 OF CLAYTON ACT .
... , or somebody asked you to make rules , as to the enforcement of the act ? Commissioner MEYER . Senator , I did not participate in any of those hearings . Senator KELLOGG . Is it not a fact that the 10 AMENDING SECTION 10 OF CLAYTON ACT .
Common terms and phrases
amendment apply Atchison Baldwin Locomotive bidder bill BLEDSOE BROOKHART carrier companies carrier corporation cent Chairman Clark charge Clayton Act Clayton Antitrust Act Commissioner CLARK Commissioner MEYER committee common carrier common directors competitive bidding concerns Congress contracts cooperative corporation or company cost dealings earnings effect equipment farmers increase interstate commerce act Interstate Commerce Commission labor materials matter negotiate noncarrier corporation officers operating organizations ownership pany parent company passenger Pennsylvania Railroad permitted PLUMB president principle profit prohibit properties provision Pullman car Pullman Co purchase purpose question railroad company railway reason regulations repairs roads Santa Fe section 20a securities Senator KELLOGG Senator POINDEXTER Senator SMITH Senator STANLEY shops short-line railroads SMITH of South South Carolina statement Steel subsidiary substantial interest suggested supplies Texas things Thom tion transaction transportation act understand wages words
Popular passages
Page 56 - Commission may from time to time designate) will, under honest, efficient and economical management and reasonable expenditures for maintenance of way, structures and equipment, earn an aggregate annual net railway operating income equal, as as nearly as may be, to a fair return upon the aggregate value of the railway property of such carriers held for and used in the service of transportation...
Page 6 - ... agent in the particular transaction, any person who is at the same time a director, manager, or purchasing or selling officer of, or who has any substantial interest in, such other corporation, firm, partnership or association unless and except such purchases shall be made from, or such dealings shall be with, the bidder whose bid is the most favorable to such common carrier, to be ascertained by competitive bidding under regulations to be prescribed by rule or otherwise by the Interstate Commerce...
Page 73 - If any common carrier shall violate this section it shall be fined not exceeding $25,000 ; and every such director, agent, manager or officer thereof who shall have knowingly voted for or directed the act constituting such violation or who shall have aided or abetted in such violation shall be deemed guilty of a misdemeanor and shall be fined not exceeding $5,000, or confined in jail not exceeding one year, or both, in the discretion of the court. SEC. 11.
Page 56 - In the exercise of its power to prescribe just and reasonable rates the Commission shall give due consideration, among other factors, to the effect of rates on the movement of traffic...
Page 3 - Any person who shall, directly or indirectly, do or attempt to do anything to prevent anyone from bidding or shall do any act to prevent free and fair competition among the bidders or those desiring to bid shall be punished as prescribed in this section in the case of an officer or director.
Page 62 - No bid shall be received unless the name and address of the bidder or the names' and addresses of the officers, directors and general managers thereof, if the bidder be a corporation, or of the members, if it be a partnership or firm, be given with the bid.
Page 3 - ... when the said common carrier shall have upon its board of directors or as its president, manager or as its purchasing or selling officer, or agent in the particular transaction, any person who is at the same time a director, manager, or purchasing or selling officer of, or who has any substantial interest in, such other corporation, firm, partnership or association...
Page 4 - Every such common carrier having any such transactions or making any such purchases shall within thirty days after making the same file with the Interstate Commerce Commission a full and detailed statement of the transaction showing the manner of the competitive bidding, who were the bidders, and the names and addresses of the directors and officers of the corporations and the members of the firm or partnership bidding...
Page 56 - In making such determination it shall give due consideration, among other things, to the transportation needs of the country and the necessity (under honest, efficient and economical management of existing transportation facilities) of enlarging such facilities in order to provide the people of the United States with adequate transportation...
Page 4 - ... or hearing, have reason to believe that the law has been violated in and about the said purchases or transactions it shall transmit all papers and documents and its own views or findings regarding the transaction to the Attorney General.