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" In the exercise of its power to prescribe just and reasonable rates the Commission shall initiate, modify, establish or adjust such rates so that carriers as a whole (or as a whole in each of such rate groups or territories as the Commission may from... "
Commentaries on the Interstate Commerce Act ... - Page 116
by Karl Knox Gartner - 1921 - 173 pages
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The Federal Reporter

1928 - 1130 pages
...basis or that those near a market may enjoy the advantage of their location. That act does provide that in the exercise of its power to prescribe just and reasonable rates the Commission shall establish them so that carriers as a whole or in rate groups will earn a fair return upon the value...
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volume 63

United States. Interstate Commerce Commission - 1922 - 1072 pages
...commerce, as amended, which prescribes a new statutory rule of ratemaking. The statute reads as follows: In the exercise of its power to prescribe just and...whole (or as a whole in each of such rate groups or territariet as the Commission may from lime to time designate) will, under honest, efficient, and economical...
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volume 63

United States. Interstate Commerce Commission - 1921 - 826 pages
...commerce, as amended, which prescribes a new statutory rule of ratemaking. The statute reads as follows: In the exercise of its power to prescribe Just and...adjust such rates so that carriers as a whole (or at a whoh in each of ruch rate groups or territaria as the Commission may from time to time designate)...
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volume 60

United States. Interstate Commerce Commission - 1921 - 1550 pages
...the carriers as a whole, or as a whole in each of the rate groups or territories designated by us, will, under honest, efficient, and economical management...maintenance of way, structures, and equipment, earn an aggregate annual net railway operating revenue equal, as nearly as may be, to 5| per cent on the aggregate...
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volume 253

United States. Interstate Commerce Commission - 1942 - 924 pages
...would not meet the test of reasonableness found in section 15a of the act. That section provides that, in the exercise of its power to prescribe just and reasonable rates, the Commission shall give due consideration, among other factors, to the effect of rates on the movement of traffic by the...
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Interstate Commerce Commission Reports: Reports and Decisions of the ...

United States. Interstate Commerce Commission - 1932 - 1668 pages
...such fair return, the commission shall endeavor to adjust the general level of rates so that operating carriers as a whole (or as a whole in each of such rate groups or tei tories as the commission may from time to time designate) will under normal conditions and under...
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volume 189

United States. Interstate Commerce Commission - 1932 - 902 pages
...later types. Id. (461). The Act provides that the rate structure shall comprehend and be based upon "honest, efficient, and economical management and...for maintenance of way, structures, and equipment," and it certainly implies that the "fair return" for the use of the property shall be measured on that...
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volume 107

United States. Interstate Commerce Commission - 1926 - 924 pages
...such excess cost was an unreasonable expenditure for maintenance of equipment and not in interest of efficient and economical management and reasonable...for maintenance of way, structures, and equipment, as required by section 15aof the act. Construction and Repair of Ry. Equipment, 721. EMBARGOES. Where...
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The Journal of political economy, Volume 33

1925 - 822 pages
...be found to exist. Reference to the section shows that the Commission must establish rates such as will "under honest, efficient and economical management...maintenance of way, structures and equipment," earn a fair return for the carriers. The report of the Commission to the Senate Committee on Interstate...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 400

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1971 - 1052 pages
...things considered," not merely the finding of diversion. Finally, the applicable statute provides: "In the exercise of its power to prescribe just and reasonable rates the Commission shall give due consideration, among other factors, to the effect of rates on the movement of traffic by the...
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