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 10
... means . It is quite as much to their advan- tage to stop them as to that of the public . Mr. BURKE . How much time was consumed in the hearings on this bill in the Fifty - seventh Congress ? Mr. BACON . The hearings were commenced on ...
... means . It is quite as much to their advan- tage to stop them as to that of the public . Mr. BURKE . How much time was consumed in the hearings on this bill in the Fifty - seventh Congress ? Mr. BACON . The hearings were commenced on ...
Page 22
... mean that the same rate applied in 1899 applied now to the same number of tons would produce this excess ? Mr. BACON . Not quite so much . The tonnage in 1903 was a little more , but the rate of 1903 applied to the tonnage of 1899 would ...
... mean that the same rate applied in 1899 applied now to the same number of tons would produce this excess ? Mr. BACON . Not quite so much . The tonnage in 1903 was a little more , but the rate of 1903 applied to the tonnage of 1899 would ...
Page 24
... means of enforcing it . The Commission is absolutely The CHAIRMAN . We will get to that after a bit . Do we not have legislation with regard to discriminations as to commodities ? Mr. BACON . There is legislation - that is , there is a ...
... means of enforcing it . The Commission is absolutely The CHAIRMAN . We will get to that after a bit . Do we not have legislation with regard to discriminations as to commodities ? Mr. BACON . There is legislation - that is , there is a ...
Page 29
... means . Mr. MANN . Do you consider yourself an expert upon the question of what legislation should be enacted to give the Interstate Commerce Commision power to make freight , rates ? Mr. BACON . I have definite ideas in relation to it ...
... means . Mr. MANN . Do you consider yourself an expert upon the question of what legislation should be enacted to give the Interstate Commerce Commision power to make freight , rates ? Mr. BACON . I have definite ideas in relation to it ...
Page 30
... mean . Mr. MANN . Won't you tell us just what you do mean on the subject . Mr. BACON . The matter of making rates is largely a matter of ex- periment and of development . Rates are made by traffic managers with the view to testing their ...
... mean . Mr. MANN . Won't you tell us just what you do mean on the subject . Mr. BACON . The matter of making rates is largely a matter of ex- periment and of development . Rates are made by traffic managers with the view to testing their ...
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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.