Proposed Amendment to the Transportation Act, 1920: Hearings Before the Committee on Interstate and Foreign Commerce, House of Representatives, Sixty-eighth Congress, First Session, on Section 15a of the Transportation Act of 1920. Part 1U.S. Government Printing Office, 1924 - 228 halaman |
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additions and betterments aggregate amount August 25 average believe BENTON bill bureau BURTNESS capital carriers cent CHAIRMAN charges Chicago Class I roads Commissioner committee commodities Congress considered cost DENISON determine effect efficient employees equipment ESCH Ex parte 74 excess earnings fact fair return fixed Fredericksburg & Potomac freight rates fund give Government ownership HARDIE HAWES hearing HINES HOCH HUDDLESTON increase interstate commerce act Interstate Commerce Commission investment locomotives MAPES March 31 matter ment operating expenses opinion Pacific paid principle provisions question rail railroads railway operating income rate of return recapture clause reduction reference repairs repeal of section reports result SANDERS section 15a Senator La Follette SHALLENBERGER shippers situation statement strong roads Supreme Court tentative valuation Texas tion traffic transportation act weak lines weak roads weaker roads Western whole
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Halaman 78 - ... 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 and equipment, earn an aggregate annual net railway operating income equal, as nearly as may be, to a fair return upon the aggregate value of the railway property of such carriers held for and used in the service of transportation...
Halaman 151 - In making such determination it shall give due consideration, among other things, to the transportation needs of the country and the necessity (under honest, efficient and economical management of existing transportation facilities) of enlarging such facilities in order to provide the people of the United States with adequate transportation...
Halaman 78 - In the exercise of its power to prescribe just and reasonable rates the Commission shall give due consideration, among other factors, to the effect of rates on the movement of traffic...
Halaman 6 - 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 and equipment...
Halaman 62 - ... railway property held for and used in the service of transportation, and the importance to the public of the transportation services of such carriers; and also whether any particular participating carrier is an originating, intermediate, or delivering line, and any other fact or circumstance which would ordinarily, without regard to the mileage haul, entitle one carrier to a greater or less proportion than another carrier of the joint rate, fare or charge.
Halaman 62 - In so prescribing and determining the divisions of joint rates, fares and charges, the Commission shall give due consideration, among other things, to the efficiency with which the carriers concerned are operated, the amount of revenue required to pay their respective operating expenses, taxes, and a fair return on their railway property held for and used in the service of transportation...
Halaman 84 - In solving the problem of maintaining the efficiency of an interstate commerce railway system which serves both the States and the Nation, Congress is dealing with a unit in which State and interstate operations are often inextricably commingled.
Halaman 153 - ... 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 fair return upon the aggregate value of the railway property of such carriers held for and used in the service of transportation : Provided, That the Commission shall have reasonable latitude to modify or adjust any particular rate which it may find to be unjust or unreasonable, and to prescribe different rates for different...
Halaman 83 - The state cannot Justify unreasonably low rates for domestic transportation, considered alone, upon the ground that the carrier is earning large profits on its interstate business, over which, so far as rates are concerned, the state has no control.
Halaman 81 - Inasmuch as it is impossible (without regulation and control in the interest of the commerce of the United States considered as a whole) to establish uniform rates upon competitive traffic which will adequately sustain all the carriers which are engaged in such traffic and which are indispensable to the communities to which they render the service of transportation...