Exercises Commemorating the Fifty Years' Service of the Interstate Commerce Commission: April 1, 1937. Departmental Auditorium, Washington, D.C.U.S. Government Printing Office, 1937 - 114 pages |
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Act to Regulate administrative agencies Aitchison amendments annual report appointed approval Association of Practitioners authority bill Bureau chairman charges charters Circuit Court clause commerce clause Commis Commissioner Committee on Interstate common carriers companies conference Congress Cooley cooperation corporations created Cullom decision determination developed duties employees enacted enforcement facilities Federal commission Federal control Federal Government Foreign Commerce Granger movement hearings Hepburn Act House Illinois inter Interstate and Foreign Interstate Commerce Act Interstate Commerce Commission investigation jurisdiction legislation lines long-and-short-haul Massachusetts ment merce mission Motor Carrier Act operation opinion original act portation practice prescribe present President problems Procter & Gamble provisions rail and water railroad Railroad Labor Board railway reasonable rates recommendations Regulate Commerce regulatory roads rule of rate Secretary securities Senate sion statute successful Supreme Court tariffs tion traffic trans Transportation Act tribunal United States Senator valuation
Popular passages
Page 31 - 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.
Page 93 - Provided, however, That the provisions of this act shall not apply to the transportation of passengers or property, or to the receiving, delivering, storage, or handling of property, wholly within one State, and not shipped to or from a foreign country from or to any State or Territory as aforesaid.
Page 80 - ... insolvent or unable to meet its debts as they mature and, if a prior proceeding in bankruptcy or equity receivership is not pending, that it has committed an act of bankruptcy within four months...
Page 73 - That it is hereby declared to be the true policy in rate making to be pursued by the Interstate Commerce Commission in adjusting freight rates, that the conditions which at any given time prevail in our several industries should be considered in so far as it is legally possible to do so, to the end that commodities may freely move.
Page 53 - 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...
Page 93 - The power being vested in Congress and denied to the States, it would follow as an inevitable result that the duty would devolve on Congress to regulate all of these delicate, multiform, and vital interests — interests which in their nature are and must be, local in all the details of their successful management.
Page 110 - The Federal Trade Commission is an administrative body created by Congress to carry into effect legislative policies embodied in the statute in accordance with the legislative standard therein prescribed, and to perform other specified duties as a legislative or as a judicial fcid.
Page 72 - It is hereby declared to be the policy of Congress to promote, encourage, and develop water transportation, service, and facilities in connection with the commerce of the United States, and to foster and preserve in full vigor both rail and water transportation.
Page 93 - It is vital that the independence of the commercial power and of the police power, and the delimitation between them, however, sometimes perplexing, should always be recognized and observed, for while the one furnishes the strongest bond of union, the other is essential to the preservation of the autonomy of the States as required by our dual form of government...
Page 31 - 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 be the fair value of the property being used by it for the convenience of the public.