Interstate and Foreign Transportation: Hearings Before the Joint Committee on Interstate and Foreign Commerce, Congress of the United States, Pursuant to Public J. Res. 25, a Joint Resolution Creating a Joint Subcommittee from the ... Senate Committee on Interstate Commerce and the House Committee on Interstate and Foreign Commerce to Investigate the Conditions Relating to Interstate and Foreign Commerce, and the Necessity of Further Legislation Relating Thereto, and Defining the Powers and Duties of Such Subcommittee ...U.S. Government Printing Office, 1916 - Interstate commerce. [from old catalog] |
From inside the book
Results 1-5 of 99
Page 5
... reasonable rates of interest . Whether Government regulation of the issue of securities is ad- visable , and if so whether it is to the interest of the public as well as the carriers that this regulation should be exercised by the ...
... reasonable rates of interest . Whether Government regulation of the issue of securities is ad- visable , and if so whether it is to the interest of the public as well as the carriers that this regulation should be exercised by the ...
Page 16
... reasonable regulation of railroads , as we call it , for about two years and a half . We have formulated a brief , on what we think is quite a comprehensive plan , which seems to cover virtually the phases that are essential , in our ...
... reasonable regulation of railroads , as we call it , for about two years and a half . We have formulated a brief , on what we think is quite a comprehensive plan , which seems to cover virtually the phases that are essential , in our ...
Page 18
... reasonable capitalization , and we wish also to point out to the committee the failure of the public regulation of railroads . Mr. Amos Pinchot , the chairman , as I said , will appear here later . Senator ROBINSON . Will your ...
... reasonable capitalization , and we wish also to point out to the committee the failure of the public regulation of railroads . Mr. Amos Pinchot , the chairman , as I said , will appear here later . Senator ROBINSON . Will your ...
Page 72
... reasonably be expected . We have had that subject studied , and in due time the exact methods of that study , the way ... reasonable needs of the future we have studied the growth of population , industries , and commerce during the past ...
... reasonably be expected . We have had that subject studied , and in due time the exact methods of that study , the way ... reasonable needs of the future we have studied the growth of population , industries , and commerce during the past ...
Page 73
... reasonable limit the needs of the railroads and the public interest annually during the next 10 years . Those ... reasonably assure the necessary input of capital to bring these and to keep these instrumentalities of commerce up to the ...
... reasonable limit the needs of the railroads and the public interest annually during the next 10 years . Those ... reasonably assure the necessary input of capital to bring these and to keep these instrumentalities of commerce up to the ...
Common terms and phrases
ADAMSON amount authority believe bill BRANDEGEE BRYAN capital carriers cent CHAIRMAN charge charter common carriers Congress Constitution construction corporation created CULLOP dividends earnings exempt exercise existing facilities fact Federal Government Federal incorporation fixed foreign commerce Francis G FRANK HEALY freight gentlemen Government ownership HEYBURN increase INTERSTATE AND FOREIGN Interstate Commerce Commission intrastate investment investors issue June 30 legislation lines LOVETT matter ment merce miles National Government national incorporation national instrumentality NEWLANDS operating organized present President proposition public interest purpose question rail railroad company railway company rates reasonable reference represent revenue roads securities Senator CUMMINS Senator ROBINSON Shreveport SIMS Southern Pacific Co stockholders stocks and bonds suggestion Supreme Court taxation Texas THETUS W thing THOM tion traffic transportation Union Pacific Union Pacific Railroad United waterways
Popular passages
Page 642 - And, in order to ascertain that value, the original cost of construction, the amount expended in permanent improvements, the amount and market value of its bonds and stock, the present as compared with the original cost of construction, the probable earning capacity of the property under particular rates prescribed by statute, and the sum required to meet operating expenses, are all matters for consideration, and are to be given such weight as may be just and right in each case. We do not say that...
Page 642 - 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 he the fair value of the property being used by it for the convenience of the public.
Page 630 - All charges made for any service rendered or to be rendered in the transportation of passengers or property and for the transmission of messages by telegraph, telephone, or cable, as aforesaid, or in connection therewith, shall be just and reasonable; and every unjust and unreasonable charge for such service or any part thereof is prohibited and declared to be unlawful: Provided.
Page 488 - President, full and complete reports of all their actings and doings and of all moneys received and expended in the construction of said work and in the performance of their duties in connection therewith, which said reports shall be by the President transmitted to Congress.
Page 265 - ... a franchise is a right, privilege or power of public concern, which ought not to be exercised by private individuals at their mere will and pleasure, but should be reserved for public control and administration, either by the government directly, or by public agents, acting under such conditions and regulations as the government may impose in the public interest, and for the public security.
Page 136 - But since, in consequence of the expansion of the country, the multiplication of its products, and the inventions of railroads and locomotion by steam, land transportation has so vastly increased, a sounder consideration of the subject has prevailed and led to the conclusion that Congress has plenary power over the whole subject. Of course the authority of Congress over the Territories of the United States and its power to grant franchises exercisable therein are, and ever have been, undoubted. But...
Page 136 - The power of creating a corporation, though appertaining to sovereignty, is not, like the power of making war, or levying taxes, or of regulating commerce, a great substantive and independent power, which cannot be implied as incidental to other powers, or used as a means of executing them. It is never the end for which other powers are exercised, but a means by which other objects are accomplished.
Page 643 - Subject to the two leading prohibitions that their charges shall not be unjust or unreasonable, and that they shall not unjustly discriminate, so as to give undue preference or disadvantage to persons or traffic similarly circumstanced, the act to regulate commerce leaves common carriers as they were at the common law...
Page 638 - Under pretense of regulating fares and freights, the state cannot require a railroad corporation to carry persons or property without reward ; neither can it do that which in law amounts to a taking of private property for public use without just compensation, or without due process of law.
Page 265 - Recollecting the fundamental principle that the Constitution, laws and treaties of the United States are the supreme law of the land, it seems to us almost absurd to contend that a power given to a person or corporation by the United States may be subjected to taxation by a State.