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" Commission impossible to escape the conclusion that these securities should be issued only under Governmental regulation. Your Commission, however, believes that the amount and face value of outstanding securities has only an indirect effect upon the... "
Verbatim Report of the Annual Meeting ... - Halaman 329
oleh American Transit Association - 1912
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Report to the President, and Letter of the President Transmitting the Report ...

United States. Railroad Securities Commission - 1911 - 54 halaman
...the stock was paid in at the time of issue. 5th. If we were compelled to assume that rates are to be materially influenced either in their making by the...Commission believes that the possible consequences of such a system of regulation are too serious to warrant its adoption at the present time. 6th. Upon the whole,...
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Report of the Railroad Securities Commission to the President and Letter of ...

United States. Railroad Securities Commission - 1911 - 48 halaman
...issued only after express authorization of each particular issue by the Interstate Commerce Commis•4on or other governmental agency, it is difficult to see...Commission believes that the possible consequences of such a system of regulation are too serious to warrant its adoption at the present time. 6th. Upon the whole,...
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Proceedings of the American Electric Railway Association

American Electric Railway Association - 1912 - 736 halaman
...outstanding, it seems to your Commission impossible to escape the conclusion that these securities shpujd be issued only under Governmental regulation. Your...Commission believes that the possible consequences of such system of regulation are too serious to warrant its adoption at the present time. " 6th. Upon the whole,...
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The Law of Interstate Commerce and Its Federal Regulation

Frederick Newton Judson - 1912 - 842 halaman
...or should he made, to conform to any such arbitrary standard. If. however, railroad securities are to be issued only after express authorization of each...Commission believes that the possible consequences of such a system of regulation are too serious to warrant its adoption at the present time. 6th. Upon the whole,...
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Readings on the Relation of Government to Property and Industry

1915 - 702 halaman
...Commission or other governmental agency, it is difficult to see how the government could thereafer escape the moral, if not the legal, obligation to...these securities in the regulation of railroad rates. . . . The possible consequences of such a system are too serious to warrant its adoption at the present...
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The Railway Library, Volume 3

Slason Thompson - 1912 - 496 halaman
...the stock was paid in at the time of issue. 5th. If we were compelled to assume that rates are to be materially influenced either in their making by the...Commission believes that the possible consequences of such a system of regulation are too serious to warrant its adoption at the present time. 6th. Upon the whole,...
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Public Utilities Reports

1917 - 1226 halaman
...the stock was paid in at the time of issue. "5th. If we were compelled to assume that rates are to be materially influenced either in their making by the...Commission believes that the possible consequences of such a system of regulation are too serious to warrant its adoption at the present time. knowledge of the...
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Public Utilities Reports Annotated: Containing Decisions of the Public ...

1917 - 1248 halaman
...the stock was paid in at the time of issue. "5th. If we were compelled to assume that rates are to be materially influenced either in their making by the...Commission believes that the possible consequences of such a system of regulation are too serious to warrant its adoption at the present time. "6th. Upon the...
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Public Utilities Reports, Volume 4

Henry Clifford Spurr, Ellsworth Nichols - 1917 - 1250 halaman
...element in rate regulation, the outstanding securities are of so little evidentiary weight that it wonld probably be of distinct advantage if courts and commissions...Commission believes that the possible consequences of such a system of regulation are too serious to warrant its adoption at the present time. "6th. Upon the...
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The Financing of Public Service Corporations

Milton Berge Ignatius - 1918 - 536 halaman
...Commission or other governmental agency, it is difficult to see how the government can thereafter correct the moral if not the legal obligation to recognize...these securities in the regulation of railroad rates." It has been urged that there exists neither moral nor legal obligation ; that rates are not based upon...
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