Federal Regulation of Railway Rates |
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Page 9
The advance in American rates since 1899 . — A nominal advance compared
with a real decline . — The increased cost of operation . — It is essential that
railway capital should be allowed a fair return . - Capitalization of American
railways .
The advance in American rates since 1899 . — A nominal advance compared
with a real decline . — The increased cost of operation . — It is essential that
railway capital should be allowed a fair return . - Capitalization of American
railways .
Page 11
If , then , Europeans are able to produce other commodities cheaper than we ,
why should they not also be able to furnish transportation at a lower cost ? Not
only do the lower wages prevailing in Europe tend to reduce the cost of operation
...
If , then , Europeans are able to produce other commodities cheaper than we ,
why should they not also be able to furnish transportation at a lower cost ? Not
only do the lower wages prevailing in Europe tend to reduce the cost of operation
...
Page 11
For these reasons the cost of operation upon our railroads has been greatly
increased . Whatever the cause , the fact of this rise in the price of services and
commodities is incontestable . In other words , a smaller quantity of labor and
materials ...
For these reasons the cost of operation upon our railroads has been greatly
increased . Whatever the cause , the fact of this rise in the price of services and
commodities is incontestable . In other words , a smaller quantity of labor and
materials ...
Page 12
... basis for confident belief that such offenses are no longer characteristic of
railway operations . That they have greatly diminished is beyond doubt , and their
recurrence to the extent formerly known is altogether unlikely . Indeed , it is
believed ...
... basis for confident belief that such offenses are no longer characteristic of
railway operations . That they have greatly diminished is beyond doubt , and their
recurrence to the extent formerly known is altogether unlikely . Indeed , it is
believed ...
Page 14
The following table gives the prices of some other materials which enter into the
expenses of railway operation : Railway ties , each Track bolts , per cwt . Wire ,
barbed , “ “ Bar iron , per ton Cast iron pipe , per ton Lumber , per 1000 ft .
The following table gives the prices of some other materials which enter into the
expenses of railway operation : Railway ties , each Track bolts , per cwt . Wire ,
barbed , “ “ Bar iron , per ton Cast iron pipe , per ton Lumber , per 1000 ft .
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Common terms and phrases
accordance advance advantage allowed already amount appear apply authority average capital carried causes cent character charge Chicago Circuit Court coal Commission common carrier Company competing competition complaint Congress connection consideration constitutional cost damages decision determine direct discrimination distance district duty effect enforcement equal evidence existing expenses fact final follows force give given greater grounds held higher I. C. C. Rep important increase industry instance Interstate Commerce issue judicial justified less lines lower matter means miles mission necessary operation paid party person points possible practically present provisions question rail railroads railway rates reasonable received reduction refused regulation reports respect result roads secure shippers similar taken tion traffic transportation United unlawful unreasonable violation whole
Popular passages
Page 224 - Commission (and produce books and papers if so ordered) and give evidence touching the matter in question; and any failure to obey such order of the court may be punished by such court as a contempt thereof.
Page 237 - ... no contract, receipt, rule or regulation shall exempt such common carrier, railroad or transportation company from the liability hereby imposed : Provided, that nothing in this section shall deprive any holder of such receipt or bill of lading of any remedy or right of action which he has under existing law.
Page 224 - ... authority to inquire into the management of the business of all common carriers subject to the provisions of this act, and shall keep itself informed as to the manner and method in which the same is conducted, and shall have the right to obtain from such common carriers full and complete information necessary to enable the Commission to perform the duties and carry out the objects for which it was created...
Page 223 - Domini eighteen hundred and eighty-seven, the term of each to be designated by the President; but their successors shall be appointed for terms of six years, except that any person chosen to fill a vacancy shall be appointed only for the unexpired time of the Commissioner whom he shall succeed.
Page 225 - The Commission may order testimony to be taken by deposition in any proceeding or investigation pending under this Act at any stage of such proceeding or investigation.
Page 214 - Provided, however, That the provisions of this act shall not apply to the transportation of passengers or property, or to the receiving, delivering, storage, or handling of property, wholly within one State, and not shipped to or from a foreign country from or to any State or Territory as aforesaid.
Page 218 - ... state separately all terminal charges, storage charges, icing charges, and all other charges which the Commission may require, all privileges or facilities granted or allowed and any rules or regulations which in any wise change, affect, or determine any part or the aggregate of such aforesaid rates, fares, and charges, or the value of the service rendered to the passenger, shipper, or consignee.
Page 234 - Commission is hereby authorized to require annual reports from all common carriers subject to the provisions of this Act, and from the owners of all railroads engaged in interstate commerce as defined in this Act; to prescribe the manner in which such reports shall be made, and to require from such carriers specific answers to all questions upon which the Commission may need information.
Page 218 - That every common carrier subject to the provisions of this act shall file with the commission created by this act and print and keep open to public inspection schedules showing' all the rates, fares, and charges for transportation between different points on its own route...
Page 223 - ... hereby declared to be a misdemeanor, and shall, upon conviction thereof in any court of the United States of competent jurisdiction within the district in which such offense was committed, be subject for each offense to a fine of not exceeding five thousand dollars or imprisonment in the penitentiary for a term of not exceeding two years, or both, in the discretion of the court.
Bibliographic information
| Title | Federal Regulation of Railway Rates University of Chicago Digital Preservation Collection |
| Author | Albert Newton Merritt |
| Publisher | University of Chicago, 1907 |
| Original from | the University of California |
| Digitized | 24 Mar 2008 |
| Length | 240 pages |
| Export Citation | BiBTeX EndNote RefMan |