Hearings [Dec. 9, 13, 1904, Jan. 6, 9-13, 16-21, 23-25, 1905] Before the Committee on Interstate and Foreign Commerce of the House of Representatives on H.R. 10431, H.R. 6273, H.R. 6768, H.R. 10008, H.R. 11594, H.R. 13778, H.R. 12767, H.R. 15600, H.R. 16301, to Amend the Interstate Commerce Law |
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Page 15
... establish railway rates ? Mr. BACON . So far as the organization which I represent is con- cerned , they have not . The CHAIRMAN . Has there been at any time an effort on the part of you or your organization to procure that result ? Mr ...
... establish railway rates ? Mr. BACON . So far as the organization which I represent is con- cerned , they have not . The CHAIRMAN . Has there been at any time an effort on the part of you or your organization to procure that result ? Mr ...
Page 21
... establish the proper relations between roads to and from competitive points . The CHAIRMAN . Then it would be utterly impossible , in the just administration of this law , for the Commission to confine itself to a single rate upon one ...
... establish the proper relations between roads to and from competitive points . The CHAIRMAN . Then it would be utterly impossible , in the just administration of this law , for the Commission to confine itself to a single rate upon one ...
Page 84
... established for that purpose . I am now reading from the resolutions of the New York Board of Trade and Transportation , adopted by them , and which have been placed on the programme for consideration at the meeting of the National ...
... established for that purpose . I am now reading from the resolutions of the New York Board of Trade and Transportation , adopted by them , and which have been placed on the programme for consideration at the meeting of the National ...
Page 85
... established to that end . Mr. Chairman and gentlemen of your committee , there are a few great facts that are not generally recognized . Among them are , first , that all combinations and consolidations of transportation lines in this ...
... established to that end . Mr. Chairman and gentlemen of your committee , there are a few great facts that are not generally recognized . Among them are , first , that all combinations and consolidations of transportation lines in this ...
Page 86
... established maximum rates . Mr. THURBER . So far as my knowledge extends , the maximum rates were , in the beginning , in the charters of the roads , and they have always been so much higher than those rates obtaining in actual busi ...
... established maximum rates . Mr. THURBER . So far as my knowledge extends , the maximum rates were , in the beginning , in the charters of the roads , and they have always been so much higher than those rates obtaining in actual busi ...
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Common terms and phrases
ADAMSON advance Annual Report appeal Armour & Co Association authority BACON believe BIRD Board of Trade cent CHAIRMAN charge Chicago circuit court classification commerce court Commis Commission's committee commodities common carrier competition complaint conferred Congress Cooper-Quarles bill decided decision discrimination earnings effect Elkins Elkins Act enforce existing fact fair fix a rate fix rates gentlemen give grain hearing HEARST HINES increase interstate commerce act Interstate Commerce Commission investigation judicial June 30 LAMAR legislation MANN matter MEAD mile Mississippi River Orleans Patrons of Husbandry power to fix present provisions Quarles-Cooper bill question rail railroad company railway rate-making power reasonable rate rebates reduced regulation RICHARDSON road SHACKLEFORD shipper SPENCER STAPLES statement statute STEVENS Supreme Court tariff thing THURBER tion to-day tonnage TOWNSEND traffic transportation tribunal United unjust unreasonable York
Popular passages
Page 299 - What the company is entitled to ask is a fair return upon the value of that which it employs for the public convenience. On the other hand, what the public is entitled to demand is that no more be exacted from it for the use of a public highway than the services rendered by it are reasonably worth.
Page 304 - ... 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 139 - That upon application to the Commission appointed under the provisions of this act, such common carrier may, in special cases, after investigation by the Commission, be authorized to charge less for longer than for shorter distances for the transportation of passengers or property ; and the Commission may from time to time prescribe the extent to which such designated common carrier may be relieved from the operation of this section of this act.
Page 63 - That any person, firm, corporation, company, or association, or any mercantile, agricultural, or manufacturing society or other organization, or any body politic or municipal organization, or any common carrier, complaining of anything done or omitted to be done by any common carrier subject to the provisions of this act, in contravention of the provisions thereof...
Page 63 - ... apply to said Commission by petition, which shall briefly state the facts : whereupon a statement of the charges thus made shall be forwarded by the Commission to such common carrier, who shall be called upon to satisfy the complaint or to answer the same in writing withm a reasonable time, to be specified by the Commission.
Page 166 - ... under consideration, and inquiries, investigations, orders, and decrees may be made with reference to and against such additional parties in the same manner, to the same extent, and subject to the same provisions as are or shall be authorized by law with respect to carriers.
Page 299 - If a railroad corporation has bonded its property for an amount that exceeds its fair value, or if its capitalization is largely fictitious, it may not impose upon the public the burden of such increased rates as may be required for the purpose of realizing profits upon such excessive valuation or fictitious capitalization ; and the apparent value of the property and franchises used by the corporation, as represented by its stocks, bonds, and obligations, is not alone to be considered when determining...
Page 299 - We hold, however, that the basis of all calculations as to the reasonableness of rates to be charged by a corporation maintaining a highway under legislative sanction must be the fair value of the property being used by it for the convenience of the public.
Page 253 - It is believed to be one of the chief merits of the American system of written constitutional law, that all the powers intrusted to government, whether State or national, are divided into the three grand departments, the executive, the legislative, and the judicial. That the functions appropriate to each of these branches of government shall be vested in a separate body of public servants, and that the perfection of...
Page 250 - The corporation may not be required to use its property for the benefit of the public without receiving just compensation for the services rendered by it.