Interstate Commerce: Debate in Forty-Eighth Congress, Second Session [-Fiftieth Congress], on the Bill (H.R. 5461) to Establish a Board of Commissioners of Interstate Commerce and to Regulate Such Commerce &c., &c |
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Page 44
... roads , and reasonable dividends upon the stock capital of each road . Say it is $ 20,000,000 , each road costing $ 10,000,000 , and all represented in capital stock , so that after the operating expenses and fixed charges are paid it ...
... roads , and reasonable dividends upon the stock capital of each road . Say it is $ 20,000,000 , each road costing $ 10,000,000 , and all represented in capital stock , so that after the operating expenses and fixed charges are paid it ...
Page 45
... roads dur- ing the years 1876 and 1885 ; also showing decrease in earnings per ton per mile during 1885 as compared with 1876 . Road . New York Central and Hudson River ...... New York , Lake Erie and Western ...... Pennsylvania ...
... roads dur- ing the years 1876 and 1885 ; also showing decrease in earnings per ton per mile during 1885 as compared with 1876 . Road . New York Central and Hudson River ...... New York , Lake Erie and Western ...... Pennsylvania ...
Page 51
... road , but in other busi- ness when you bankrupt the management the capital is destroyed and other capital goes on relieved for the time from the pressure of compe- tition ; but when you destroy the business management of a railroad the ...
... road , but in other busi- ness when you bankrupt the management the capital is destroyed and other capital goes on relieved for the time from the pressure of compe- tition ; but when you destroy the business management of a railroad the ...
Page 58
... roads have to secure any terms with the Grand Trunk road which shall give them any considerable share of the traffic which shall pass from the West to the seaboard . I have already occupied more time than I desired , aud , instead of ...
... roads have to secure any terms with the Grand Trunk road which shall give them any considerable share of the traffic which shall pass from the West to the seaboard . I have already occupied more time than I desired , aud , instead of ...
Page 59
... roads do not pay any , and one pays as high as 10 per cent . , but the average upon the capital stock of all rail ... road commissioners , shows the wisdom of legalizing and regulating , rather than prohibiting , pooling . I suppose ...
... roads do not pay any , and one pays as high as 10 per cent . , but the average upon the capital stock of all rail ... road commissioners , shows the wisdom of legalizing and regulating , rather than prohibiting , pooling . I suppose ...
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agree agreement Albany amendment believe Boston carry cents Chicago circumstances and conditions clause commission commissioners committee of conference common carrier subject common law competing competition complaint conference committee conference report Congress Constitution construed contract corporations Council Bluffs CRISP CULLOM CUTCHEON DUNHAM enacted export favor fictitious capital Fort Wayne fourth section freight gentleman Georgia give Government HOAR House interests interstate commerce interstate-commerce bill Iowa legislation long and short long haul longer distance Massachusetts means miles Minneapolis motion object operation Oregon Orleans passed Pennsylvania Railroad person pooling present PRESIDENT pro tempore prohibited provisions question rail railroad companies railway rates Reagan bill reasonable rebate receive recommit remedy road rule Senator from Illinois shipment shipper short haul Speaker statute substantially similar circumstances Supreme Court Tennessee tion trade traffic transportation of passengers United unlawful unreasonable vote West wheat words York
Popular passages
Page 144 - That it shall be unlawful for any common carrier subject to the provisions of this act to charge or receive any greater compensation in the aggregate for the transportation of passengers or of like kind of property, under substantially similar circumstances and conditions, for a shorter than for a longer distance over the same line, in the same direction, the shorter being included within the longer distance...
Page 458 - ... 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 9 - Every common carrier subject to the provisions of this Act shall, according to their respective powers, afford all reasonable, proper, and equal facilities for the interchange of traffic between their respective lines, and for the receiving, forwarding, and delivering of passengers and property to and from their several lines and those connecting therewith...
Page 359 - If such carrier shall not satisfy the complaint within the time specified, or there shall appear to be any reasonable ground for investigating said complaint, it shall be the duty of the commission to investigate the matters complained of in such manner and by such means as it shall deem proper.