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" 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... "
Extention of Tenure of Government Control of Railroads: Hearings...Wash. 1919 - Page 334
by United States. Congress. Senate. Interstate Commerce Committee - 1919
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Failing Railroads, Hearings Before...

United States. Congress. Senate. Commerce - 1970 - 1028 pages
...railroad problem can doubt that a most prolific source of financial disaster and complication to rallzoads in the past has been the desire and ability of railroad managers to engage in interprises outside the legitimate operation of their railroads, especially by the acquisition of other...
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The Penn Central and Other Railroads: A Report to the Senate ..., Page 38

United States. Congress. Senate. Committee on Commerce. Special Staff for the Penn Central Enquiry - Railroads and state - 1973 - 846 pages
...expansion efforts ever since : "No student of the railroad problem can doubt that a most prolific source of financial disaster and complication to railroads in...outside the legitimate operation of their railroads . . . "The evil which results, first to the investing public and finally to the general public, cannot...
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Hearings

United States. Congress. Senate. Committee on Commerce - 2384 pages
...of national application. No student of the railroad problem can doubt that a most prolific source of financial disaster and complication to railroads in...desire and ability of railroad managers to engage in interprlses outside the legitimate operation of their railroads, especially by the acquisition - 8...
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I.C.C. Practitioners' Journal, Volume 37, Issue 2

Carriers - 1970 - 182 pages
...railroad problem can doubt that a most prolific source of financial disaster and complication to railroads has been the desire and ability of railroad managers...outside the legitimate operation of their railroads, ..." the ICC said. "The evil which results, first to the investing public and finally to the general...
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volume 27

United States. Interstate Commerce Commission - Interstate commerce - 1913 - 876 pages
...same railway system. Consolidated Fuel Co. v. AT & SF Ry. Co. 554 (556). A most prolific source of financial disaster and complication to railroads in...enterprises outside the legitimate operation of their raiiroads, especially by the acquisition of other railroads and their securities. New England Investigation,...
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volume 27

United States. Interstate Commerce Commission - Interstate commerce - 1913 - 864 pages
...same railway system. Consolidated Fuel Co. . AT <fc SF Ry. Co. 554 (556). A most prolific source of financial disaster and complication to railroads in...ability of railroad managers to engage in enterprises ouuide the legitimate operation of their railroads, especially by the acquisition of other railroads...
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Monopolies in America: Empire Builders and Their Enemies from Jay Gould to ...

Charles R. Geisst, Ambassador Charles a Gargano Professor of Finance Charles R Geisst, Charles R.. Geisst - Big business - 2000 - 376 pages
...days of Louis Brandeis and Pierpont Morgan. In 1913 the ICC lamented that the "most prolific source of financial disaster and complication to railroads in...outside the legitimate operation of their railroads." But this was considered ancient history in the 19605, when rail lines came under pressure from long-distance...
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volume 220

United States. Interstate Commerce Commission - Interstate commerce - 1937 - 998 pages
...investments was a continuing one. This record fully supports our statement in the above report that "the evil which results, first to the investing public,...corrected after the transaction has taken place." It also may be well to take this occasion to point out that the New Haven is not the only carrier which...
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volume 220

United States. Interstate Commerce Commission - Interstate commerce - 1937 - 922 pages
...railroads in the past has been the desire and ability of railroad managers to engage in Interprlses outside the legitimate operation of their railroads,...securities. The evil which results, first, to the Inverting public, and, finally, to the general public, can not be corrected after the transaction has...
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