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able according adjusted affect already apply AUTHORS BANKER became become beginning bonds broad broker brought capitalization carrier carrying cent changed charged companies complaint Congress connection consequently considering correct decision determine discriminations earnings elimination enforced established exists fact factors fair and reasonable favor follow freight Further give given Hepburn bill Hepburn law important Interstate Commerce Commission investor keep legislation lines longer means mind mission natural obliged passed passenger persons prescribe present principles problem proper properly provisions PUBLISHED question rail railroad corporation railroad officials railroad operations railroad securities railroad systems railway reasonable rates reduce reference regulate remedied rendered result road route rules shipped shipper sion situation solved standardization statement statistical reports step tabulated taken tariffs tion traffic transportation uniformity unreasonable
Page 21 - That if any common carrier subject to the provisions of this act shall, directly or indirectly, by any special rate, rebate, drawback, or other device, charge, demand, collect, or receive from any person or persons a greater or less compensation...
Page 21 - ... for any service rendered, or to be rendered, in the transportation of passengers or property, subject to the provisions of this act, than It charges, demands, collects or receives from any other person or persons for doing for him or them a like and contemporaneous service in the transportation of a like kind of traffic under substantially similar circumstances and conditions, such common carrier shall be deemed guilty ot unjust discrimination, which is hereby prohibited and declared to be unlawful.
Page 16 - And in order to ascertain that value, the original cost of construction, the amount expended in permanent improvements, the amount and market value of its bonds and stock, 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 5 - That the Commission is authorized and empowered, and it shall be its duty, whenever, after full hearing upon a complaint made as provided in section thirteen of this Act, or upon complaint of any common carrier...
Page 11 - This assignment makes no deduction of stocks and bonds owned by railways in their corporate capacity, and, to the extent that such deductions are proper, overstates the capital per mile of Une.