Supplement to Railroad Rate Structure Survey. Hearings ... on H.J. Res 141 ... Apr. 12, 14, 1924 |
From inside the book
Results 1-5 of 13
Page 5
... earnings for the railroads under the zoning plan , and you have already re- ferred to it in a general way . But with reference to this particular language , do you think there is any particular need for modification there in case the ...
... earnings for the railroads under the zoning plan , and you have already re- ferred to it in a general way . But with reference to this particular language , do you think there is any particular need for modification there in case the ...
Page 7
... earning on the invested values or intrinsic values of the railroad properties . When this bill goes into law , if it does , do you believe there are any new elements which will change that rule ? Mr. Escн . I do not think so , unless it ...
... earning on the invested values or intrinsic values of the railroad properties . When this bill goes into law , if it does , do you believe there are any new elements which will change that rule ? Mr. Escн . I do not think so , unless it ...
Page 16
... earning per ton - mile and the earning per car- mile . Also the relation to other comparable rates . There is the principle of " what the traffic will bear " ; also the element of public interest , and the necessity of the carriers for ...
... earning per ton - mile and the earning per car- mile . Also the relation to other comparable rates . There is the principle of " what the traffic will bear " ; also the element of public interest , and the necessity of the carriers for ...
Page 25
... earned it over a 12 - month period yet . Mr. HUDDLESTON . Of course , many individual carriers have earned much more than that . Mr. HARDIE . Yes , sir ; and of course the recapture provision of the law was intended to apply to such ...
... earned it over a 12 - month period yet . Mr. HUDDLESTON . Of course , many individual carriers have earned much more than that . Mr. HARDIE . Yes , sir ; and of course the recapture provision of the law was intended to apply to such ...
Page 26
... earned more than the face return you probably result in the carriers as a whole earning less than 5.75 per cent . because those that are either on the 5.75 or below it will keep what they have got , and those in excess of it are going ...
... earned more than the face return you probably result in the carriers as a whole earning less than 5.75 per cent . because those that are either on the 5.75 or below it will keep what they have got , and those in excess of it are going ...
Common terms and phrases
adequate system adjustment aggregate agricultural April 14 basic commodities BURTNESS carriers CHAIRMAN Chicago Class I roads commis Commissioner Esch commodity rates competition complaint Congress consider consideration consumer contemplated cost of transportation course deal determine exist extent fact factors fair return farmers freight rates give going GRAHAM grain products HARDIE haul hearings Hoch HOMER HOCH HUDDLESTON increases in rates index numbers instance interstate commerce act Interstate Commerce Commission investigation jobber Lake Erie less than carload lower rate MAPES matter mean mind modities Net railway operating NEWTON o'clock a. m. particular possible present principle problem Property investment question railroads railway operating income rate structure readjustment reasonable reduction resolution revenue roads earning Samuel E SANDERS section 15a SHALLENBERGER shippers statement system of transportation tariffs territory testimony thing tion traffic will bear transportation act unreasonable valuation wheat whole
Popular passages
Page 5 - ... so that carriers as a whole (or as a whole in each of such rate groups or territories as the 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 nearly as may be, to a fair return upon the aggregate value of the railway properly of such carriers held for and used in the service of transportation...
Page 2 - That the Interstate Commerce Commission is authorized and directed to make a thorough investigation of the rate structure of common carriers subject to the interstate commerce act, in order to determine to what extent and in what manner existing rates and charges may be unjust, unreasonable, unjustly discriminatory, or unduly preferential, thereby imposing undue burdens, or giving undue. advantage as between the various localities and parts of the country, the various classes of traffic, and the...
Page 5 - ... reasonable expenditures for maintenance of way, structures and equipment, earn an aggregate annual net railway operating income equal, 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, provided that the Commission shall have reasonable latitude to modify or adjust any particular rate which it may find to be unjust or unreasonable, and to prescribe different rates for different sections of...
Page 3 - In making any such change, adjustment, or redistribution the commission shall give due regard, among other factors, to the general and comparative levels in market value of the various classes and kinds of commodities as indicated over a reasonable period of years, to a natural and proper development of the country as a whole, and to the maintenance of an adequate system of transportation.
Page 2 - The two main areas from which people were departing — (1) the states south of the Ohio and Potomac and...
Page 34 - The action here taken represents the fullest possible response to all the mandates of the law affecting, among other things, the important subjects of levels and relations of rates, the natural and proper development of the country as a whole, and the maintenance of an adequate system of transportation.
Page 47 - Monday morning. (Whereupon, at 12 o'clock noon, the committee adjourned until 10.30 o'clock am Monday, February 16* 1920.) COMMITTEE ON MINES AND MINING, HOUSE OF REPRESENTATIVES, Monday, February 16, 1920.
Page 34 - ... give due regard to the general and comparative levels in market value * * * as indicated over a reasonable period of years" as required by the Hoch-Smith resolution.
Page 16 - ... Senator HUGHES. You have been in the room during the testimony this morning? Mr. BABIONE. Yes. Senator HUGHES. You have heard testimony that certain of your suppliers are not in compliance with the law. Mr. BABIONE. Yes, sir. Senator HUGHES. Would you make it your responsibility, then, to ferret out and determine whether they are or are not in compliance with the law, or contact the agency responsible for it and ask them to make that investigation for you. That is your responsibility? Mr. BABIONE....
Page 1 - Then they can educate the board on how much it will cost — and how much time it will take — to fill the gaps.