United States Congressional Serial Set, Issue 10785

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U.S. Government Printing Office, 1943 - Railroads - 384 pages
Report on study of interterritorial freight rates.--Report on interterritorial freight rates.
 

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Page 294 - In the exercise of its power to prescribe just and reasonable rates the Commission shall initiate, modify, establish or adjust such rates 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...
Page 294 - That it is hereby declared to be the true policy in rate making to be pursued by the Interstate Commerce Commission in adjusting freight rates, that the conditions which at any given time prevail in our several industries should be considered in so far as it is legally possible to do so, to the end that commodities may freely move.
Page 36 - As some indication of the volume of unregulated traffic, according to a study made by the Bureau of Transport Economics and Statistics of the Interstate Commerce Commission...
Page 321 - ... knowingly favor one litigant over another, one mode of carriage over another or ignore the legitimate interests of any individual or group in any matter coming before this Commission for decision. Additionally, you can be sure that I have in the past, and will continue to further the role of this Commission to administer and enforce the provisions of the Interstate Commerce Act in accordance with the national transportation policy of the Congress and to foster the public interest in all matters...
Page 282 - Products of agriculture Animals and products Products of mines Products of forests Manufactures and miscellaneous...
Page 257 - ... the present as compared with the original cost of construction, the probable earning capacity of the property under particular rates prescribed by statute, and the sum required to meet operating expenses are all matters for consideration and are to be given such weight as may be just and right in each case.
Page 316 - farm commodities" for export, a more definite policy of Congress is stated in the new paragraph (la) of section 3 of the act. Further, we are now directed to make in a specified manner a comprehensive investigation into the rates on manufactured products, agricultural commodities, and raw materials, maintained by common carriers by rail or water subject to part I of the act. Any residue of force which may have remained in the Hoch-Smith Resolution after the Supreme Court had construed the declaration...
Page viii - ... country. Since commodityrate levels also vary greatly throughout the country, they give rise to somewhat the same problems. The Interstate Commerce Commission has largely prescribed the five class-rate structures. Differences between them, however, antedate the prescription of the rates by the Commission. The existence of these regional rate structures is to be explained, in part, in terms of the historical development of the railroads. Relatively few railroads cross the boundaries between the...
Page 236 - Commission finally concluded that "the cost of transporting the articles named in the complaint from producing points in the South into the North, compared with that of transporting like articles within the North...

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