Bituminous Coal Commission: Hearings...on S. 4490...Dec. 14, 1928 to Jan. 23, 1929 |
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Page 35
Many coal operators who have testified before this committee have attempted to
excuse destructive competition by charging their conduct to the alleged inevitable
operation of the law of supply and demand . Coal operators refer to the law of ...
Many coal operators who have testified before this committee have attempted to
excuse destructive competition by charging their conduct to the alleged inevitable
operation of the law of supply and demand . Coal operators refer to the law of ...
Page 118
The carriers are responsible for safe and continuous operation regardless of any
inadequacy that may exist in the supply of coal . In making purchases , therefore ,
the first consideration must be continuity of supply . So far . as Senate bill 4490 ...
The carriers are responsible for safe and continuous operation regardless of any
inadequacy that may exist in the supply of coal . In making purchases , therefore ,
the first consideration must be continuity of supply . So far . as Senate bill 4490 ...
Page 174
They are , I take it , essentially two : First , an adequate and continuous supply ;
second , a reasonable price . Has the coal consumer any present grievance on
these two points ? Personally , I think not . For five years at least the industry has
...
They are , I take it , essentially two : First , an adequate and continuous supply ;
second , a reasonable price . Has the coal consumer any present grievance on
these two points ? Personally , I think not . For five years at least the industry has
...
Page 332
The law of demand and supply , under a state of freedom , regulates the prices of
commodities and services on the basis of their value , thereby regulating the
relative amounts of production , prices rising and falling as production decreases
or ...
The law of demand and supply , under a state of freedom , regulates the prices of
commodities and services on the basis of their value , thereby regulating the
relative amounts of production , prices rising and falling as production decreases
or ...
Page 333
Under our system there can be but one fair wage , and that is the wage fixed by
the law of demand and supply . ( R. 143. ) In some industries there has been a
departure from the standard of demand and supply , illustrated by the Adamson
law ...
Under our system there can be but one fair wage , and that is the wage fixed by
the law of demand and supply . ( R. 143. ) In some industries there has been a
departure from the standard of demand and supply , illustrated by the Adamson
law ...
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amendment American apply argument Association authority BELCHER believe bill bituminous coal capital cent Chairman coal industry commission committee competition Congress considered consolidation Constitution consumer contract corporation cost created Davis deal demand district economic effect employees engaged exclude exercise existing fact Federal Government field foreign freedom fuel give granted hearing impose increase individual interstate commerce labor legislation license limitations matter mean miners mines natural object operators opinion organization permit persons pools practices present presiding principle privilege problem production proposed protection provisions question railroads reason reference regulation relation representatives require respect result rule Secretary selling Senator COUZENS Senator WHEELER sovereignty standard statement STEPHENS supply Supreme Court things tion tons trade union United Virginia wages WARRUM West Workers
Popular passages
Page 154 - It is the power to regulate ; that is, to prescribe the rule by which commerce is to be governed. This power, like all others vested in Congress, is complete in itself, may be exercised to its utmost extent, and acknowledges no limitations other than are prescribed in the Constitution.
Page 102 - Nothing contained in the antitrust laws shall be construed to forbid the existence and operation of labor, agricultural, or horticultural organizations, instituted for the purposes of mutual help, and not having capital stock or conducted for profit, or to forbid or restrain individual members of such organizations from lawfully carrying out the legitimate objects thereof; nor shall such organizations, or the members thereof, be held or construed to be illegal combinations or conspiracies in restraint...
Page 310 - ... full freedom of association, self-organization, and designation of representatives of his own choosing, to negotiate the terms and conditions of his employment, and that he shall be free from the interference, restraint, or coercion of employers of labor, or their agents, In the designation of such representatives or in self-organization or in other concerted activities for the purpose of collective bargaining or other mutual aid or protection...
Page 310 - Whereas under prevailing economic conditions, developed with the aid of governmental authority for owners of property to organize in the corporate and other forms of ownership association, the individual unorganized worker is commonly helpless to exercise actual liberty of contract and to protect his freedom of labor, and thereby to obtain acceptable terms and conditions of employment...
Page 155 - The far-reaching result of upholding the act cannot be more plainly indicated than by pointing out that if Congress can thus regulate matters entrusted to local authority by prohibition of the movement of commodities in interstate commerce, all freedom of commerce will be at an end, and the power of the States over local matters may be eliminated, and thus our system of government be practically destroyed.
Page 164 - When we consider the nature and the theory of our institutions of government, the principles upon which they are supposed to rest, and review the history of their development, we are constrained to conclude that they do not mean to leave room for the play and action of purely personal and arbitrary power.
Page 195 - The federal and State governments are in fact but different agents and trustees of the people, constituted with different powers, and designated for different purposes.
Page 155 - The maintenance of the authority of the States over matters purely local is as essential to the preservation of our institutions as is the conservation of the supremacy of the federal power in all matters entrusted to the Nation by the Federal Constitution.
Page 251 - Columbia, shall be subject to pay annually a special excise tax with respect to the carrying on or doing business...
Page 161 - The right to pursue them, without let or hindrance, except that which is applied to all persons of the same age, sex, and condition, is a distinguishing privilege of citizens of the United States, and an essential element of that freedom which they claim as their birthright.