From inside the book
Results 1-5 of 84
Page 1
... and excess expenses shall not be considered as a part of the construction - differential subsidy . " NOTE . Professional staff member assigned to these hearings , August J. Bourbon . SEC . 2. The amendment made by this Act shall 1.
... and excess expenses shall not be considered as a part of the construction - differential subsidy . " NOTE . Professional staff member assigned to these hearings , August J. Bourbon . SEC . 2. The amendment made by this Act shall 1.
Page 2
... subsidy theretofore paid incident to the construction or reconditioning of such vessel . Prior to delivery to the former owner , each such vessel shall be restored in a condition at least as good as when acquired by the United States ...
... subsidy theretofore paid incident to the construction or reconditioning of such vessel . Prior to delivery to the former owner , each such vessel shall be restored in a condition at least as good as when acquired by the United States ...
Page 25
... subsidy was paid , the owner shall be paid therefor the value therefor but in no event shall such value exceed the actual depreciated construction cost . Section 802 as it now stands is deficient in a MERCHANT MARINE LEGISLATION 25.
... subsidy was paid , the owner shall be paid therefor the value therefor but in no event shall such value exceed the actual depreciated construction cost . Section 802 as it now stands is deficient in a MERCHANT MARINE LEGISLATION 25.
Page 26
... subsidy has been paid . Other vessels may be requisitioned by th Government under section 902 which not only provides just compens tion to the owners but makes provision to enable former owners promptly reacquire ships when the ...
... subsidy has been paid . Other vessels may be requisitioned by th Government under section 902 which not only provides just compens tion to the owners but makes provision to enable former owners promptly reacquire ships when the ...
Page 27
... subsidy . Iden- tical vessels sold at similar prices under the Merchant Ship Sales Act do not have this impediment . It has been estimated that as between otherwise comparable vessels the existence or nonexistence of the sec- tion 802 ...
... subsidy . Iden- tical vessels sold at similar prices under the Merchant Ship Sales Act do not have this impediment . It has been estimated that as between otherwise comparable vessels the existence or nonexistence of the sec- tion 802 ...
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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...