...Railway Transportation in the United States: By Senator Albert B. Cummins...1923 - 29 halaman |
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additions adopted aggregate value amount annual ascertained authority believe betterments capital account cent charges Chicago class 1 railways Class I roads commis commodities competition Congress consolida Constitution determined efficient elements of value enlargement excess earnings fair return fixing rates freight give due consideration Government operation Government ownership Grand Island income per mile interstate commerce act Interstate Commerce Commission Kansas lame duck legislation loss maintain maintenance and operation ment mileage Monongahela River net income net operating income November 23 one-half paragraph portation prescribe present private ownership proposed question railroad railway operating income railway property railway system railway transportation rate groups rate-making purposes readjustment reasonable reduced rendering the service repeal requirements revenues Santa Fe section 15-a secure Senator Capper service of transportation Supreme Court tion Topeka & Santa traffic transportation act transportation facilities Union Pacific Union Pacific Railroad United valuation value of railway
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Halaman 10 - Subject to the foregoing requirements, the several systems shall be so arranged that the cost of transportation as between competitive systems and as related to the values of the properties through which the service is rendered shall be the same, so far as practicable...
Halaman 23 - 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 21 - ... give due consideration to all the elements of value recognized by the law of the land for rate-making purposes, and shall give to the property investment account of the carriers only that consideration which under such law it is entitled to in establishing values for rate-making purposes.
Halaman 11 - When the Commission has agreed upon a tentative plan, it shall give the same due publicity and upon reasonable notice, including notice to the Governor of each State, shall hear all persons who may file or present objections thereto.
Halaman 10 - Commission shall as soon as practicable prepare and adopt a plan for the consolidation of the railway properties of the continental United States into a limited number of systems.
Halaman 21 - For the purposes of this section, such aggregate value of the property of the carriers shall be determined by the Commission from time to time and as often as may be necessary. The Commission may utilize the results of its investigation under section 19a of this Act, in so far as deemed by it available, and shall give due consideration to all the elements of value recognized by the law of the land for rate-making purposes...
Halaman 21 - ... to all the elements of value recognized by the law of the land for ratemaking purposes, and shall give to the property investment account of the carriers only that consideration which under such law it is entitled to in establishing values for rate-making purposes. Whenever pursuant to section 19a of this...
Halaman 28 - States. (6) If, under the provisions of this section, any carrier receives for any year a net railway operating Income in excess of 6 per centum of the value of the railway property held for and used by It In the service of transportation, one-half of such excess shall be placed in a reserve fund established and maintained by such carrier...
Halaman 26 - 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 23 - ... 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...