Consolidation of Competing Telephone Companies: Joint Hearings Before the Committee on Interstate Commerce...67th Congress, 1st Session, on S. 1313, May 9, 1921

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Page 35 - An Act to supplement existing laws against unlawful restraints and monopolies, and for other purposes," approved October 15, 1914, and of all other restraints or prohibitions by...
Page 53 - That the Congress of the United States be and it is hereby requested to provide...
Page 38 - ... (b) Whenever a consolidation merger, purchase, lease, operating contract, or acquisition of control is proposed under subdivision (a), the carrier or carriers or corporation seeking authority therefor shall present an application to the commission, and thereupon the commission shall notify the governor of each State...
Page 38 - If after such hearing the Commission finds that the public interest will be promoted by the consolidation...
Page 33 - ... from any place in the United States to an adjacent foreign country, or from any place in the United States...
Page 40 - Nearly all the railways in the country have been constructed under state authority, and it cannot be supposed that they intended to abandon their power over them as soon as they were finished. The power to construct them involves necessarily th.e power to impose such regulations upon their operation as a sound regard for the interests of the public may seem to render desirable. In the division of authority with respect to interstate railways, congress reserves to itself the superior right to control...
Page 40 - In the division of authority with respect to interstate railways Congress reserves to itself the superior right to control their commerce and forbid interference therewith ; while to the States remains the power to create and to regulate the instruments of such commerce, so far as necessary to the conservation of the public interests.
Page 33 - ... from one State or Territory of the United States, or the District of Columbia, to any other State or Territory of the United States, or the District of Columbia, or from one place in a Territory to another place in the same Territory...
Page 51 - ... will hereafter acquire directly or indirectly, through purchase of its physical property or of its securities or otherwise, dominion or control over any other telephone company owning, controlling or operating any exchange or line which is, or may be, operated in competition with any exchange or line included in the Bell system...
Page 4 - Commission shall fix a time and place for a public hearing upon such application and shall thereupon give reasonable notice in writing to the Governor of each of the States in which the physical property affected, or any part thereof, is situated, and to the State commission having jurisdiction over telephone companies, and to such other persons as it may deem advisable. After such public hearing^ if the Commission finds.

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