Refunding of Railroad Debt: Hearing Before the Committee on Interstate Commerce, United States Senate, Sixty-seventh Congress, First Session on S. 2337, a Bill to Amend the Transportation Act, 1920. August 9, 10, and 11, 1921 and August 12 and 16, 1921, Bagian 1-2

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Halaman 47 - An Act to provide for the operation of transportation systems while under Federal control, for the just compensation of their owners and for other purposes...
Halaman 44 - Federal control as may be requisite in order that the property of each carrier may be returned to it in substantially as good repair and in substantially as complete equipment as it was in at the beginning of Federal control...
Halaman 47 - March 21, 1918," approved June 30, 1919, are hereby reappropriated and made available until expended; and all moneys derived from the operation of the carriers or otherwise arising out of Federal control, and all moneys that have been or may be received in payment of the indebtedness of any carrier to the United States arising out of Federal control, shall be and remain available until expended for the aforesaid purposes; and there is hereby appropriated for the aforesaid purposes, out of any money...
Halaman 36 - The President shall, as soon as practicable after the termination of Federal control, adjust, settle, liquidate, and wind up all matters, including compensation, and all questions and disputes of whatsoever nature, arising out of or incident to Federal control.
Halaman 47 - UNITED STATES SENATE, COMMITTEE ON INTERSTATE COMMERCE, Washington, DC The committee met at 10 o'clock am, pursuant to adjournment on yesterday, in room 212, Senate Office Building, Senator James E.
Halaman 3 - An Act to prohibit financial transactions with any foreign government in default on its obligations to the United States", approved April 13, 1934 (USC, title 31, sec. 804a), is amended by adding at the end thereof a new section to read as follows: "SEC. 3.
Halaman 73 - An Act to provide for the reimbursement of the United States for motive power, cars and other equipment ordered for railroads and systems of transportation under Federal control, and for other purposes...
Halaman 86 - Ry. Co. Chicago, Rock Island & Pacific Ry. Co. Chicago, St. Paul, Minneapolis & Omaha Ry. Co.
Halaman 47 - Federal control, issue such bonds, notes, equipment trust certificates, stock, and other forms of securities, secured or unsecured by mortgage, as the President may first approve as consistent with the public interest. The President may, out of the revolving fund created by this Act, purchase for the United States all or any part of such securities at prices not exceeding par, and may sell such securities whenever in his judgment it is desirable, at prices not less than the cost thereof. Any securities...
Halaman 44 - First, of course, that the railway properties will be maintained during the period of Federal control in as good repair and as complete equipment as when taken over by the government, and, second, that the roads shall receive a net operating income equal in each case to the average net income of the three years preceding June 30, 1917...

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