Congressional Serial SetU.S. Government Printing Office, 1919 Reports, Documents, and Journals of the U.S. Senate and House of Representatives. |
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Common terms and phrases
aggregate amount AMSTER authority average BARKLEY believe bill bonds capital carriers cent CHAIRMAN charges CLARK committee common common carriers competition Congress consolidation corporation cost of living deficit DENISON determine DEWALT directors district dividends DOAK earnings efficiency existing fair value favor Federal control Federal Transportation Board fixed freight FULBRIGHT GARRETSON give Government ownership guaranty increase industry Interstate Commerce Commission issue June 30 jurisdiction labor legislation lines matter mean ment MERRITT MONTAGUE MORRISON organizations owners Pennsylvania Railroad period Plumb plan present profit property investment account proposed question rail railroad company railroad contingent fund railway companies rates RAYBURN reasonable regional commissions regulation represent SALMON SANDERS of Indiana securities shippers SIMS statement STONE thing tion to-day traffic section transportation conference United valuation wages WATSON weak roads WEBSTER WIMBISH WINSLOW
Popular passages
Page 98 - ... substantially less than the entire length of its railroad and of any intermediate railroad operated in conjunction and under a common management or control therewith, which lies between the termini of such proposed through route, (a) unless such inclusion of lines would make the through route unreasonably long as compared with another practicable through route which could otherwise be established...
Page 474 - What the company is entitled to ask is a fair return upon the value of that which it employs for the public convenience. On the other hand, what the public is entitled to demand is that no more be exacted from it for the use of a public highway than the services rendered by it are reasonably worth.
Page 104 - If the Interstate Commerce Commission shall be of the opinion that any such existing specified service by water other than through the Panama Canal is being operated in the interest of the public and is of advantage to the convenience and commerce of the people...
Page 15 - Act shall, according to their respective powers, afford all reasonable, proper, and equal facilities for the interchange of traffic between their respective lines, and for the receiving, forwarding, and delivering of passengers and property to and from their several lines and those connecting therewith...
Page 12 - In time of war or threatened war the President may certify to the Commission that it is essential to the national defense and security that certain traffic shall have preference or priority in transportation, and the Commission shall, under the power herein conferred, direct that such preference or priority be afforded.
Page 683 - 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...
Page 12 - Act over or by means of such additional or extended line of railroad, unless and until there shall first have been obtained from the Commission a certificate that the present or future public convenience and necessity require or will require...
Page 33 - ... (12) After December 31, 1921, it shall be unlawful for any person to hold the position of officer or director of more than one carrier, unless such holding shall have been authorized by order of the Commission, upon due showing, in form and manner prescribed by the Commission, that neither public nor private interests will be adversely affected thereby.
Page 24 - Commission is empowered to act and where the rate-making authority of a State is or may be affected by the action taken by the Commission. The Commission is also authorized to avail itself of the cooperation, services, records, and facilities of such State authorities in the enforcement of any provision of this Act.
Page 825 - The Commission may, after hearing, in a proceeding upon complaint or upon its own initiative without complaint, authorize or require by order any carrier by railroad subject to this...