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Common terms and phrases
amendment Atomic Energy bill boxcars capital car service car shortage car supply carload Chairman class I railroads common carriers Congress cost diem charges Ebasco economic effect electric energy electric utility enactment equipment exemption facilities Federal Power Act Federal Power Commission financing freight cars freight forwarders grain hearing Holding Company Act increase industry Interstate and Foreign Interstate Commerce Act Interstate Commerce Commission investment jurisdiction kilowatts legislation loaded lumber MAGNUSON March March 28 ment million mills motor carriers operating Oreg Oregon panies penalty per diem percent plant problem production proposed public interest Public Utility Holding question rail railroads reactor regulation Senator BRICKER Senator PASTORE Senator POTTER Senator SCHOEPPEL Senator SMATHERS service order 910 ship shipments shippers sponsoring companies statement steel subsidiary tion traffic transportation United United States Senate utility companies Utility Holding Company WARREN G Washington
Popular passages
Page 232 - Commission shall have, and it is hereby given, authority, either upon complaint or upon its own initiative without complaint, at once, and if it so orders without answer or other formal pleading by the interested carrier or carriers, but upon reasonable notice...
Page 61 - Commission shall not enter such an order unless it finds that the transaction proposed will be consistent with the public interest and will enable such carrier to use service by motor vehicle to public advantage in its operations and will not unduly -restrain competition.
Page 114 - ... the need of each such air carrier for compensation for the transportation of mail sufficient to insure the performance of such service, and, together with all other revenue of the air carrier, to enable such air carrier under honest, economical, and efficient management, to maintain and continue the development of air transportation to the extent and of the character and quality required for the commerce of the United States, the Postal Service, and the national defense.
Page 30 - Public-utility company" means an electric utility company or a gas utility company. (6) "Commission" means the Securities and Exchange Commission. (7) "Holding company" means — (A) any company which directly or indirectly owns, controls, or holds with power to vote...
Page 117 - The Bureau of the Budget has advised that it has no objection to the submission of this report. Sincerely yours, Ross RIZLEY, Chairman.
Page 266 - With that act, government in theory assumed responsibility for "maximum employment, production, and purchasing power." The policy declaration in the act states: The Congress hereby declares that it is the continuing policy and responsibility of the Federal Government to use all practicable means consistent with its needs and obligations and other...
Page 137 - ... detrimental to the carrying out of the provisions of section 11; or (2) the acquisition of securities or utility assets of a publicutility or holding company unless the Commission finds that such acquisition will serve the public interest by tending towards the economical and efficient development of an integrated public-utility system.
Page 12 - Unless the acquisition has been approved by the Commission under section 10, it shall be unlawful — (1) for any registered holding company or any subsidiary company thereof, by use of the mails or any means or instrumentality of interstate commerce, or otherwise, to acquire, directly or indirectly, any securities or utility assets or any other interest in any business...
Page 95 - ... the development, use, and control of atomic energy shall be directed so as to make the maximum contribution to the general welfare, subject at all times to the paramount objective of making the maximum contribution to the common defense and security ; and a.
Page 7 - ... best promote the service in the interest of the public and the commerce of the people, upon such terms of compensation as between the carriers as they may agree upon, or, in the event of their disagreement, as the Commission may after subsequent hearing find to be just and reasonable...