Federal Regulation of IndustryAmerican Academy of Political and Social Science, 1908 - 263 pages |
Common terms and phrases
amendment American Academy anti-trust legislation authority banks bill of lading capital carried cents charges Chicago combination common carriers competition Congress constitution construction corporations decision economic effect enacted executive exercise existing fact federal government federal power fixed foreign freight governmental increase individual industrial inland Interstate Commerce Commission interstate rates issued judicial jurisdiction Kansas City labor land legislature ment merchandise miles Mississippi Mississippi River Missouri River monopoly National Civic Federation North Carolina ocean carriers operation opinion organized panic points political port present President production profit proprietors proprietorship provisions purpose question rail railroads railways reasonable reduction regulate commerce result road secure Sherman act Sherman Anti-Trust Act Sherman Anti-Trust Law shipper social South Dakota statutes steamship steamship companies Supreme Court Texas thing tion to-day traffic transhipment transportation trusts unions United usurpation wages wholesale Yes Yes Yes York
Popular passages
Page 132 - If, as has always been understood, the sovereignty of congress, though limited to specified objects, is plenary as to those objects, the power over commerce with foreign nations, and among the several states, is vested in congress as absolutely as it would be in a single government, having in its constitution the same restrictions on the exercise of the power as are found in the constitution of the United States.
Page 236 - The genius and character of the whole government seem to be that its action is to be applied to all the external concerns of the nation, and to those internal concerns which affect the states generally...
Page 135 - US 263: —'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, the Act to Regulate Commerce leaves common carriers as they were at the common law, free to make special contracts looking to the increase of their business, to classify their traffic, to adjust and apportion their rates so as to meet the necessities of...
Page 166 - That the provisions of this act shall apply to any common carrier or carriers engaged in the transportation of passengers or property wholly by railroad, or partly by railroad and partly by water when both are used, under a common control, management, or arrangement, for a continuous carriage or shipment...
Page 130 - ... that the national legislature ought to be empowered to enjoy the legislative rights vested in Congress by the Confederation, and moreover to legislate in all cases to which the separate states are incompetent or in which the harmony of the United States may be interrupted by the exercise of individual legislation...
Page 131 - The word used in the constitution, then, comprehends, and has been always understood to comprehend, navigation within its meaning ; and a power to regulate navigation, is as expressly granted, as if that term had been added to the word
Page 132 - The wisdom and the discretion of Congress, their identity with the people, and the influence which their constituents possess at elections, are, in this, as in many other instances, as that, for example, of declaring war, the sole restraints on which 58 they have relied, to secure them from its abuse. They are the restraints on which the people must often rely solely, in all representative governments.
Page 131 - It has, we believe, been universally admitted that these words comprehend every species of commercial intercourse between the United States and foreign nations. No sort of trade can be carried on between this country and any other to which this power does not extend. // has been truly said, that commerce, as the word is used in the constitution, is a unit, every part of which is indicated by the term.
Page 228 - No railroad, canal or other corporation, or the lessees, purchasers or managers of any railroad or canal corporation, shall consolidate the stock, property or franchises of such corporation with, or lease, or purchase the works or franchises of, or in any way control any other railroad or canal corporation owning or having under its control a parallel or competing line...
Page 134 - The necessity of reciprocal checks in the exercise of political power, by dividing and distributing it into different depositories, and constituting each the guardian of the public weal against invasions by the -others, has been evinced by experiments ancient and modern, some of them in our country and under our own eyes. To preserve them must be as necessary as to institute them.