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" ... so that carriers as a whole (or as a whole in each of such rate groups or territories as the Commission may from time to time designate) will, under honest, efficient and economical management and reasonable expenditures for maintenance of way, structures... "
Railroad Consolidation, Hearings Before ... , 69-1, May 24, 25, 26, 27; June ... - Page 166
by United States. Congress. House. Committee on Interstate and Foreign Commerce - 1926 - 514 pages
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Annual Report of the Board of Public Utility Commissioners for the ..., Issue 11

New Jersey. Board of Public Utilities - 1921 - 132 pages
...economical management and reasonable expenditures for maintenance of way. structures and equipment, earn an aggregate annual net railway operating income...of such carriers held for and used in the service of transportation : * * * "Provided, That during the two years beginning March 1, 1921. the Commission...
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The American Railroad Problem: A Study in War and Reconstruction

Isaiah Leo Sharfman - 1921 - 500 pages
...economical management and reasonable expenditures for maintenance of way, structures and equipment, earn an aggregate annual net railway operating income...of such carriers held for and used in the service of transportation." This general enunciation of policy does not deprive the Commission of reasonable...
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Political Science Quarterly, Volume 36

1921 - 868 pages
...economical management and reasonable expenditures for maintenance of way, structures and equipment, earn an aggregate annual net railway operating income...property of such carriers held for and used in the services of transportation. Incidentally, it should be remarked that this provision, regarded as the...
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Railroad Bonds: Information, Comparisons. 1921

Harris, Forbes & Co., New York - 1921 - 278 pages
...under honest, efficient and economical management . . . .earn an aggregate annual net operating revenue equal, as nearly as may be, to a fair return upon...of such carriers held for and used in the service of Transportation." This principle of rate making was one of the most important features of the Act....
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Railroad Bonds: Information, Comparisons. 1921

Harris, Forbes & Co., New York - 1921 - 276 pages
...under honest, efficient and economical management . . . earn an aggregate annual net operating revenue equal, as nearly as may be, to a fair return upon...of such carriers held for and used in the service of Transportation." This principle of rate making was one of the most important features of the Act....
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Commentaries on the Interstate Commerce Act ...

Karl Knox Gartner - 1921 - 186 pages
...management and reasonable expenditures for maintenance of way, structures and equipment, earn an come equal, as nearly as may be, to a fair return upon...railway property of such carriers held for and used m the service of transportation: Provided, That the Commission shall have reasonable latitude to modify...
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Railroad Securities: A Course of Study with References

Aaron Morton Sakolski - 1921 - 138 pages
...under honest, efficient, and economical management and reasonable maintenance expenditures, earn an annual net railway operating income equal, as nearly...be, to a fair return upon the aggregate value of the property of such carriers held for or used in the service of transportation. Return on Capital. During...
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The Interstate Commcerce Act: Together with Text of Supplmentary Acts and ...

United States - 1921 - 304 pages
...economical management and reasonable expenditures for maintenance of way, structures and equipment, earn an aggregate annual net railway operating income equal, as nearly as may be, to a fan- return upon the aggregate value of the railway property of such carriers held for and used in...
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Interstate Commerce Commission Reports: Reports and Decisions of the ...

United States. Interstate Commerce Commission - 1921 - 1210 pages
...economical management and reasonable expenditures for maintenance of way, structures, and equipment," to earn an aggregate annual net railway operating income equal, as nearly as may be, to 5£ per cent upon the aggregate value of the railway property of such carriers in that group, plus...
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HEARINGS BEFORE THE COMMITTEE ON INTERSTATE AND FOREIGN COMMERCE OF THE ...

1921 - 268 pages
...so that carriers as a whole * * * will * * * earn an aggregate annual net * * * income equal * * * to a fair return upon the aggregate value of the railway property of such carriers." The effect of this provision is that if certain carriers do not have sufficient traffic to earn a full...
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