Railroad Problems: Hearings Before a Subcommittee of the Committee on Interstate and Foreign Commerce, House of Representatives, Eighty-fifth Congress, Second Session, on Railroad Problems with Particular Reference to Abandonment of Service, Construction Reserve, and Competitive and Intrastate Rates |
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... fact that extensive hearings on all of these issues have been held , not one time but several times . There are two or three of the items to be considered upon which very little testimony has been received , but on others we have ...
... fact that extensive hearings on all of these issues have been held , not one time but several times . There are two or three of the items to be considered upon which very little testimony has been received , but on others we have ...
Page 7
... fact , it leaves them , after making those expenditures , the cash remaining to them averaging about $ 100 million a year in each of those years for other purposes . B. IN SPITE OF INCREASES IN PRICES AND WAGES DURING THE POSTWAR PERIOD ...
... fact , it leaves them , after making those expenditures , the cash remaining to them averaging about $ 100 million a year in each of those years for other purposes . B. IN SPITE OF INCREASES IN PRICES AND WAGES DURING THE POSTWAR PERIOD ...
Page 7
... fact , it leaves them , after making those expenditures , the cash remaining to them averaging about $ 100 million a year in each of those years for other purposes . B. IN SPITE OF INCREASES IN PRICES AND WAGES DURING THE POSTWAR PERIOD ...
... fact , it leaves them , after making those expenditures , the cash remaining to them averaging about $ 100 million a year in each of those years for other purposes . B. IN SPITE OF INCREASES IN PRICES AND WAGES DURING THE POSTWAR PERIOD ...
Page 10
... fact , these contingent charges were not paid because they were not earned , so those railroads , except from an accounting standpoint , did not operate at a deficit in that year or in the year shown . Most individual railways earned ...
... fact , these contingent charges were not paid because they were not earned , so those railroads , except from an accounting standpoint , did not operate at a deficit in that year or in the year shown . Most individual railways earned ...
Page 13
... fact , the Texas & New Orleans Railroad , on that same page , end up with a net income in 1956 of $ 5.6 million ; 1957 , $ 6.5 million . You will find the Western Pacific shows a net income of $ 3.6 mil- lion in 1956 as compared with ...
... fact , the Texas & New Orleans Railroad , on that same page , end up with a net income in 1956 of $ 5.6 million ; 1957 , $ 6.5 million . You will find the Western Pacific shows a net income of $ 3.6 mil- lion in 1956 as compared with ...
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Common terms and phrases
amended American Waterways Operators amount Army-Navy game Association barge lines believe bill BULAND burden cars cents CHAIRMAN charges class I railroads committee commodities common carriers compensatory Congress construction reserve cost decision depreciation discontinuance docket earnings economic effect equipment exhibit fares Federal filed FLYNT forms of transportation FREAS freight rates fund going HALE hearings income increase inherent advantages Interstate Commerce Act Interstate Commerce Commission intrastate rates legislation LEIGHTY LOOMIS loss low-cost carrier McDONALD ment million modes of transportation motor carriers national transportation policy net income O'HARA operating OREN HARRIS out-of-pocket out-of-pocket cost Pacific passenger deficit passenger service Pennsylvania Pennsylvania Railroad percent period portation present problem proposal question rail carriers rail rates railroad industry railway ratemaking reasonable reduced regulation regulatory result revenues ROBERTS Seatrain Senate shippers situation Smathers statement subcommittee SYMES tion ton-miles truck water carriers waterways YOUNGER
Popular passages
Page 182 - 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 236 - ... shall prescribe the rate, fare, or charge, or the maximum or minimum, or maximum and minimum, thereafter to be charged, and the classification, regulation, or practice thereafter to be observed, in such manner as, in its judgment, will remove such advantage, preference, prejudice, or discrimination.
Page 181 - ... 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 service.
Page 97 - ... all to the end of developing, coordinating, and preserving a national transportation system by water, highway, and rail, as well as other means, adequate to meet the needs of the commerce of the United States, of the Postal Service, and of the national defense. All of the provisions of this Act shall be administered and enforced with a view to carrying out the above declaration of policy.
Page 300 - In a proceeding involving competition between carriers of different modes of transportation subject to this 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.
Page 290 - 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 236 - Whenever In any such Investigation the Commission, after full hearing, finds that any such rate, fare, charge, classification, regulation, or practice causes any undue or unreasonable advantage, preference, or prejudice as between persons or localities In Intrastate commerce on the one band and Interstate or foreign commerce...
Page 236 - ... the Commission pursuant to this paragraph, the laws or constitution of any state, or the decision or order of, or the pendency of any proceeding before, any court or state authority to the contrary notwithstanding.
Page 180 - Nothing in this part shall apply to the transportation by a water carrier of commodities in bulk when the cargo space of the vessel in which such commodities are transported is being used for the carrying of not more than three such commodities.
Page 431 - The provisions of the bill are based upon the theory that the paramount evil chargeable against the operation of the transportation system of the United States as now conducted is unjust discrimination between persons, places, commodities, or particular descriptions of traffic.