Extention of Tenure of Government Control of Railroads: Hearings...Wash. 1919 |
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Page 244
... regulation , there is no necessity for competition ? Commissioner CLARK . Yes . Senator UNDERWOOD . Now , taking that as the basis ; we have rate regulation now , which probably ought to be amplified ; but we have no uniform or extended ...
... regulation , there is no necessity for competition ? Commissioner CLARK . Yes . Senator UNDERWOOD . Now , taking that as the basis ; we have rate regulation now , which probably ought to be amplified ; but we have no uniform or extended ...
Page 245
... regulations as to its being paid for , " so as to prevent the over- stocking of a corporation engaged in interstate commerce in which the United States is interested . That is a repressive regulation , not an amendment of the charter or ...
... regulations as to its being paid for , " so as to prevent the over- stocking of a corporation engaged in interstate commerce in which the United States is interested . That is a repressive regulation , not an amendment of the charter or ...
Page 251
... regulation , so far as his security is concerned ? Commissioner CLARK . They point to the fact , Senator - and , as I stated before , they are their own figures ; they are not ours , except as we have taken them from their reports ...
... regulation , so far as his security is concerned ? Commissioner CLARK . They point to the fact , Senator - and , as I stated before , they are their own figures ; they are not ours , except as we have taken them from their reports ...
Page 287
... regulation , had wrought this finish . The decline of railroad credit followed the enactment of the Hepburn Act and the amendment giving the Interstate Commerce Commission power to suspend rates was continued with deadly cer- tainty ...
... regulation , had wrought this finish . The decline of railroad credit followed the enactment of the Hepburn Act and the amendment giving the Interstate Commerce Commission power to suspend rates was continued with deadly cer- tainty ...
Page 292
... regulation and inadequate legislation . Any form of regulation which simply gets on top of the railroads without getting under them also is so manifestly ill balanced and unfair that it could not be expected to be adequate to the ...
... regulation and inadequate legislation . Any form of regulation which simply gets on top of the railroads without getting under them also is so manifestly ill balanced and unfair that it could not be expected to be adequate to the ...
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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 Court CUYLER Director General MCADOO dividends earnings effect Ellison D employees equipment expenses facilities Federal control freight rates Government ownership increase Interstate Commerce Commission interstate rates intrastate investment issue KRUTTSCHNITT 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 terminals territory THOM THORNE tion traffic trains 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.