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Page 23
... record . " Chairman - Senator McClellan : - " You volunteered this now ; he doesn't ask you . The chairman says , " All right , Mr. Kennedy , you can proceed . " Then the next answer is : Mr. MORGAN . I might say I am a voluntary ...
... record . " Chairman - Senator McClellan : - " You volunteered this now ; he doesn't ask you . The chairman says , " All right , Mr. Kennedy , you can proceed . " Then the next answer is : Mr. MORGAN . I might say I am a voluntary ...
Page 29
... record because the public interest is involved . You may do more damage in going one way than another way , even though of course it is a different kind of damage . The question here is who gets the license to develop this natural ...
... record because the public interest is involved . You may do more damage in going one way than another way , even though of course it is a different kind of damage . The question here is who gets the license to develop this natural ...
Page 36
... record up there ? Mr. MORGAN . No , sir . Senator SCHOEPPEL . Well , if you check the record up there , micro- film record which is kept , you will find that it's listed under No. 53680 , I believe , report of arrest of Howard Vincent ...
... record up there ? Mr. MORGAN . No , sir . Senator SCHOEPPEL . Well , if you check the record up there , micro- film record which is kept , you will find that it's listed under No. 53680 , I believe , report of arrest of Howard Vincent ...
Page 37
... record here ? Mr. MORGAN . I can recall a few last names . There was a man named Hansen , there was a man named ... records that had detailed questions asking you about an arrest ? Would you want this committee to be- lieve that ? 69326 ...
... record here ? Mr. MORGAN . I can recall a few last names . There was a man named Hansen , there was a man named ... records that had detailed questions asking you about an arrest ? Would you want this committee to be- lieve that ? 69326 ...
Page 38
... record to show that I accept the statements you made to me as satisfactory and I will not again refer to that particular matter . Mr. MORGAN . Thank you very much , sir . Senator SCOTT . I think unfortunately , unfortunately for the com ...
... record to show that I accept the statements you made to me as satisfactory and I will not again refer to that particular matter . Mr. MORGAN . Thank you very much , sir . Senator SCOTT . I think unfortunately , unfortunately for the com ...
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Common terms and phrases
Admiral FORD allocation amended American American Export Lines automobiles BEARDSLEY bill BOURBON California Chairman coastwise trade commodities common carrier companies competition Congress construction Corp cost deadweight tonnage enactment export declarations Federal flag flatcar fleet foreign foreign-flag FORGASH freight Government GRINSTEIN haul hearing industry Interstate Commerce Act Interstate Commerce Commission legislation Lines MAGNUSON Maritime Administration ment Merchant Marine Act million modes of transportation MORGAN motor carriers notarial oath operators out-of-pocket costs owner percent piggyback president proposed question railroads ratemaking record reduced registry RENTZEL reserve fund revenue Secretary of Commerce section 15a Senator BARTLETT Senator BUTLER Senator ENGLE Senator LAUSCHE Senator MCGEE Senator MONRONEY Senator PASTORE Senator SCHOEPPEL Senator SCOTT shippers ships shipyards STAKEM Standard Oil Standard Oil Co statement subsidy tankers tion tonnage tons trade-in traffic trailers trilevel truck U.S. Senate United WARREN G Washington ZAGRI
Popular passages
Page 321 - ... the Commission shall not permit the establishment of any charge to or from the more distant point that is not reasonably compensatory for the service performed...
Page 93 - As Congress enacted separately stated ratemaking rules for each transport agency, it obviously intended that the rates of each such agency should be determined by us in each case according to the facts and circumstances attending the movement of the traffic by that agency. In other words, there appears no warrant for believing that rail rates, for example, should be held up to a particular level to preserve a motor-rate structure, or vice versa.
Page 613 - Act, the Commission, in determining whether a rate is lower than a reasonable minimum rate, shall consider the facts and circumstances attending the movement of the traffic by the carrier or carriers to which the rate is applicable. Rates of a carrier shall not be held up to a particular level to protect the traffic of any other mode of transportation, giving due consideration to the objectives of the National Transportation Policy declared in this Act.
Page 301 - 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 by the carrier or carriers for which the rates are prescribed...
Page 301 - 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 rates are prescribed; to the need, in the public interest, of adequate and efficient railway transportation service at the lowest cost consistent with the furnishing of such service ; and to the need of revenues sufficient to enable the carriers, under honest, economical, and efficient management to provide such service.
Page 321 - What constitutes a minimum reasonable rate is a matter to be determined in the light of the facts of record in each individual case, avoiding arbitrary action and keeping within statutory and constitutional limitations, just as in the case of maximum reasonable rates. Whether a rate is below a reasonable minimum depends on whether it yields a proper return ; whether the carrier would be better off from a net...
Page 301 - ... the Commission shall give due consideration, among other factors, to the inherent advantages of transportation by such carriers to the effect of rates upon the movement of traffic by such carriers; to the need, in the public interest, of adequate and efficient transportation service by such carriers at the lowest cost consistent with the furnishing of such service; and to the need of revenues sufficient to enable such carriers, under honest, economical, and efficient management, to provide such...
Page 5 - Co., and others of less notoriety, but of great influence — to lower prices of their commodities, oftentimes below the cost of production in certain communities and sections where they had competition, with the intent to destroy and make unprofitable the business of their competitors, and with the ultimate purpose in view of thereby acquiring a monopoly in the particular locality or section in which the discriminating price is made.
Page 553 - Act, so administered as to recognize and preserve the Inherent advantages of each; to promote safe, adequate, economical, and efficient service and foster sound economic conditions in transportation and among the several carriers ; to encourage the establishment and maintenance of reasonable charges for transportation services, without unjust discriminations, undue preferences or advantages, or unfair or destructive competitive practices...
Page 187 - ... arbitrary action and keeping within statutory and constitutional limitations, just as in the case of maximum reasonable rates. Whether a rate is below a reasonable minimum depends on whether it yields a proper return ; whether the carrier would be better off from a net revenue standpoint with it than without it; whether it represents competition that is unduly destructive to a reasonable rate structure and the carriers; and whether it otherwise conforms to the national transportation policy and...