Extention of Tenure of Government Control of Railroads: Hearings...Wash. 1919 |
From inside the book
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Page 56
... present law , if that law is extended . Senator CUMMINS . There is in the present law authority for the Government to expend money , as I assume , and to fasten the respon- sibility for it , in some rather vague way , upon the property ...
... present law , if that law is extended . Senator CUMMINS . There is in the present law authority for the Government to expend money , as I assume , and to fasten the respon- sibility for it , in some rather vague way , upon the property ...
Page 83
... present rate struc- ture in the event the roads are turned back to private control . I have had an opportunity to look into those questions very hurriedly since , and I am satisfied that the existing rate structure would con- tinue ...
... present rate struc- ture in the event the roads are turned back to private control . I have had an opportunity to look into those questions very hurriedly since , and I am satisfied that the existing rate structure would con- tinue ...
Page 84
... present rates would survive until they are altered by proper legal procedure . I am simply stating my con- clusions . The reasons for these conclusions I should be glad , if you are interested in hearing them , to have Mr. Hines present ...
... present rates would survive until they are altered by proper legal procedure . I am simply stating my con- clusions . The reasons for these conclusions I should be glad , if you are interested in hearing them , to have Mr. Hines present ...
Page 238
... present represent the views of the other members of the Interstate Commerce Commission ? Commissioner CLARK . They ... present form on the 21st of December . Mr. Woolley says : 66 If the railroads under Federal control are to be turned ...
... present represent the views of the other members of the Interstate Commerce Commission ? Commissioner CLARK . They ... present form on the 21st of December . Mr. Woolley says : 66 If the railroads under Federal control are to be turned ...
Page 239
... present Federal control group into bankruptcy many of these utilities would find it difficult to weather the storm . ( 5 ) Probably for the first time in our history all classes of railroad labor have received under Federal control at ...
... present Federal control group into bankruptcy many of these utilities would find it difficult to weather the storm . ( 5 ) Probably for the first time in our history all classes of railroad labor have received under Federal control at ...
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Common terms and phrases
amount authority average bonds capital carriers cars cent CHAIRMAN charge Chicago coal Commissioner CLARK Commissioner WOOLLEY committee common carriers competition Congress consolidation corporation cost CUYLER Director General MCADOO dividends earnings effect Ellison D employees equipment expenses facilities Federal control freight rates Government control Government ownership increase Interstate Commerce Commission interstate rates intrastate investment issue KRUTTSCHNITT labor legislation less than carload lines locomotives matter ment mileage miles months necessary operating income passenger period present President private control public interest question R. R. Co rail Railroad Administration railroad companies railway reasonable regional regulation result revenue roads secretary of transportation Senator CUMMINS Senator GORE Senator KELLOGG Senator MCLEAN Senator POINDEXTER Senator POMERENE Senator TOWNSEND Senator UNDERWOOD Senator WATSON shippers statement terminal territory Thom THORNE tion traffic United wages
Popular passages
Page 630 - Actions at law or suits in equity may be brought by and against such carriers and judgments rendered as now provided by law; and in any action at law or suit in equity against the carrier, no defense shall be made thereto upon the ground that the carrier is an instrumentality or agency of the federal government.
Page 662 - Nothing in subsection (c) or (d) shall be construed to amend, repeal, impair, or affect existing laws or powers of the States In relation to taxation or the lawful police regulations of the several States, except wherein such laws, powers, or regulations may affect the transmission of Government communications, or the issue of stocks and bonds by any communication system or systems.
Page 631 - Railroads, claim for death or injury to person, or for loss and damage to property, arising since December 31, 1917, and growing out of the possession, use, control or operation of any railroad or system of transportation by the Director General of Railroads, which action, suit, or proceeding but for Federal control might have been brought against the carrier company, shall be brought against William G. McAdoo, Director General of Railroads, and not otherwise; provided, however, that this order shall...
Page 631 - That carriers while under federal control shall be subject to all laws and liabilities as common carriers, whether arising under state or federal laws or at common law. except in so far as may be inconsistent with the pro-visions ol this act or any other act applicable to such lederal control or with any order of the president.
Page 277 - That nothing in this act shall be construed to amend, repeal, impair, or affect the existing laws or powers of the States in relation to taxation or the lawful police regulations of the several States, except wherein such laws, powers, or regulations may affect the transportation of troops, war materials, Government supplies, or the issue of stocks and bonds.
Page 749 - Investors in railway securities may rest assured that their rights and interests will be as scrupulously looked after by the Government as they could be by the directors of the several railway systems.
Page 13 - The pay for female employees, for the same class of work, shall be the same as that of men, and their working conditions must be healthful and fitted to their needs. The laws enacted for the government of their employment must be observed.
Page 334 - No student of the railroad problem can doubt that a most prolific source of financial disaster and complication to railroads in the past has been the desire and ability of railroad managers to engage in enterprises outside the legitimate operation of their railroads, especially by the acquisition of other railroads and their securities.
Page 424 - ... necessary or desirable for war purposes or in the public interest on or in connection with the property of any carrier. He may from said revolving fund advance to such carrier all or any part of the expense of such additions, betterments, or road extensions, and to provide terminals, motive power, cars, and other necessary equipment...
Page 762 - No railroad corporation shall issue any stock or bonds, except for money, labor or property actually received and applied to the purposes for which such corporation was created; and all stock dividends, and other fictitious increase of the capital stock or indebtedness of any such corporation, shall be void. The capital stock of no railroad corporation shall be increased for any purpose, except upon giving sixty days' public notice, in such manner as may be provided by law.