...may be termed a rule of rate making, indicating certain factors which, among others, the Commission, in the exercise of its power to prescribe just and reasonable rates, must take into consideration. The bill provides (sec. 206) for the return to carriers of amounts which...

...basis or that those near a market may enjoy the advantage of their location. That act does provide that in the exercise of its power to prescribe just and reasonable rates the Commission shall establish them so that carriers as a whole or in rate groups will earn a fair return upon the value...

...charge would not meet the test of reasonableness found in section 15a of the act. That section provides that, in the exercise of its power to prescribe just...Commission shall give due consideration, among other factors, to the effect of rates on the movement of traffic by the carrier or carriers for which the...

...Emergency Transportation Act, 1933. There somewhat different language was used, as follows: 15a. (2) In the exercise of its power to prescribe just and reasonable rates the Commission shall give <lue consideration, among other factors, to the effect of rates on the movement of traffic; to the...

...commerce, as amended, which prescribes a new statutory rule of ratemaking. The statute reads as follows: In the exercise of its power to prescribe just and reasonable rates the Commission shall initiate, modify, establish, or adjust such rates so that carriers as a whole (or as a whole in each...

...and few hard rules, in determining what a just and reasonable rate might be. The 1935 Act provided that, in the exercise of its power to prescribe just and reasonable rates for the transportation of property by common carriers by motor vehicle, the Commission was to accord...

...imposes a duty upon the commission rather than upon the carriers, and that duty is to be performed "In the exercise of its power to prescribe just and reasonable rates." That power is specifically conferred by section 15 (1), which authorizes and empowers us — • to...

...the Recapture Clause. The essence of the first is contained in the following quotation from the Act: In the exercise of its power to prescribe just and reasonable rates the Commission shall initiate, modify, establish or adjust such rates so that carriers as a whole (or as a whole in each...

...things considered," not merely the finding of diversion. Finally, the applicable statute provides: "In the exercise of its power to prescribe just and...Commission shall give due consideration, among other factors, to the effect of rates on the movement of traffic by the carrier or carriers for which the...

...electric railways unless operated as a part of a general steam railroad system of transportation "(2) In the exercise of its power to prescribe just and reasonable rates the Commission shall initiate, modify, establish or adjust such rates so that carriers as a whole (or as a whole in each...