Conditions in the Coal Fields of Pennsylvania, Volumes 9-10

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Page 2330 - 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 2329 - In the exercise of its power to prescribe just and reasonable rates the Commission shall give due consideration, among other factors, to the effect of rates on the movement of traffic...
Page 2329 - It aims to give the owners of the railways an opportunity to earn enough to maintain their properties and equipment in such a state of efficiency that they can carry well this burden. To achieve this great purpose, it puts the railroad systems of the country more completely than ever under the fostering guardianship and control of the Commission...
Page 2316 - US 498, 514-516, where it was held that a suit to enjoin the enforcement of an order of the Interstate Commerce Commission...
Page 2330 - This is too narrow a view of the commerce clause. To regulate in the sense intended is to foster, protect, and control the commerce with appropriate regard to the welfare of those who are immediately concerned, as well as the public at large, and to promote its growth and insure its safety.
Page 2326 - That the Interstate Commerce Commission is authorized and directed to make a thorough investigation of the rate structure...
Page 2499 - UNITED STATES SENATE, COMMITTEE ON INTERSTATE COMMERCE, Washington, DC The committee met at 10 o'clock am, pursuant to adjournment on yesterday, in room 212, Senate Office Building, Senator James E.
Page 2329 - The new act seeks affirmatively to build up a system of railways prepared to handle promptly all the interstate traffic of the country. It aims to give the owners of the railways an opportunity to earn enough to maintain their properties and equipment in such a state of efficiency that they can carry well this burden.
Page 2330 - 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.
Page 2924 - ... and inure to the benefit of the heirs, executors, administrators, successors and assigns of the...

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