Supplement to Railroad Rate Structure Survey. Hearings ... on H.J. Res 141 ... Apr. 12, 14, 1924 |
From inside the book
Results 1-5 of 26
Page 4
... thing to give you any concrete idea . As I have noted already , our consolidation work , with a plan presented in 1921 , has not reached the stage where a tentative report can be served . That is a very broad investigation , as you all ...
... thing to give you any concrete idea . As I have noted already , our consolidation work , with a plan presented in 1921 , has not reached the stage where a tentative report can be served . That is a very broad investigation , as you all ...
Page 8
... thing to make rates fluctuate with values , because that would introduce such an element of uncertainty that business would not know which way to turn . That stability of the rate structure is in most cases of greater value than even ...
... thing to make rates fluctuate with values , because that would introduce such an element of uncertainty that business would not know which way to turn . That stability of the rate structure is in most cases of greater value than even ...
Page 9
... things that the commission should have in mind in making that investigation . But it is self - evident - at least it seems so to me that the only way in the world that the commission can find out whether a rate is reasonable or not is ...
... things that the commission should have in mind in making that investigation . But it is self - evident - at least it seems so to me that the only way in the world that the commission can find out whether a rate is reasonable or not is ...
Page 10
... rough as they are , have been given to the committee . It would cost . a great deal just to deal with one commodity versus another . But that is a very difficult thing to do , and 10 SUPPLEMENT TO RAILROAD RATE STRUCTURE SURVEY.
... rough as they are , have been given to the committee . It would cost . a great deal just to deal with one commodity versus another . But that is a very difficult thing to do , and 10 SUPPLEMENT TO RAILROAD RATE STRUCTURE SURVEY.
Page 11
... thing to do , and it is very hard for the com- mission to reach satisfactory conclusions if they were limited in any such way as that , and I feel sure that this resolution does not so limit it . Mr. HOCH . Do you mean that the ...
... thing to do , and it is very hard for the com- mission to reach satisfactory conclusions if they were limited in any such way as that , and I feel sure that this resolution does not so limit it . Mr. HOCH . Do you mean that the ...
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.