Second Deficiency Appropriation Bill, 1924: Hearing Before Subcommittee of House Committee on Appropriations ... in Charge of Deficiency Appropriations. Sixty-eighth Congress, First Session

Front Cover
U.S. Government Printing Office, 1924 - 682 pages

What people are saying - Write a review

We haven't found any reviews in the usual places.

Other editions - View all

Common terms and phrases

Popular passages

Page 436 - the United States of America, have caused the said Convention to be made public to the end that the same and every article and clause thereof, may be observed and fulfilled with good faith by the United States and the citizens thereof.
Page 120 - Where the rates as a whole are under consideration, there is a possibility of deciding, with more or less certainty, whether the total earnings afford a reasonable return. But whether the carrier earned dividends or not sheds little light on the question as to whether the rate on a particular article is reasonable. For, if the carrier's total income enables it to declare a dividend, that would not justify an order requiring it to haul one class of goods for nothing, or for less than a reasonable...
Page 84 - ... that at least one-third of the sum appropriated to any State for the salaries of teachers of trade, home economics, and industrial subjects...
Page 120 - ... entitled as of constitutional right to more than a fair net operating income upon the value of its properties which are being devoted to transportation. By investment in a business dedicated to the public service the owner must recognize that, as compared with investment in private business, he can not expect either high or speculative dividends but that his obligation limits him to only fair or reasonable profit.
Page 434 - Convention in naming such third member, then he shall be designated by the President of the Permanent Administrative Council of the Permanent Court of Arbitration at The Hague described in Article XLIX of the Convention for the pacific settlement of international disputes concluded at The Hague on October 18, 1907.
Page 436 - Convention; and further engage that every such claim, whether or not the same may have been presented to the notice of, made, preferred, or laid before the said commission, shall, from and after the conclusion of the proceedings of the said commission, be considered and treated as finally settled, barred, and thenceforth inadmissible.
Page 120 - The state cannot Justify unreasonably low rates for domestic transportation, considered alone, upon the ground that the carrier is earning large profits on its interstate business, over which, so far as rates are concerned, the state has no control.
Page 83 - That for the purpose of co-operating with the States in paying the salaries of teachers, supervisors or directors of agricultural subjects...
Page 434 - Who, after having communicated to each other their respective full powers, found to be in due and proper form, have agreed upon and concluded the following Articles : ARTICLE I.
Page 120 - The statute does not require that the net return from all the rates shall affect the reasonableness of a particular rate or a class of rates. In such an inquiry, the commission may have regard to the service done, its intrinsic cost, or a comparison of it with other rates, and need not consider the total net return at all.

Bibliographic information