Government Partnership in Railroads

Paperback | February 9, 2012

byMark Wymond

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated.1917 Excerpt: ... THE SINS OF REGULATION Interstate Commerce Act. In the words of a decision of the United States Supreme Court, the Interstate Commerce Act was designed "to cut up by the roots the entire system of rebates and discriminations in favor of particular localities, special enterprises or favored corporations and to put all shippers on an absolute equality." The act created the Interstate Commerce Commission and charged it with: Acting primarily as referee between the public and the railroads, preventing discriminations in their rates and services. Seeing that rates were reasonable. Securing publicity of rates. Prescribing uniform railroad reports. This gave the Commission limited but well defined powers. Subsequently its control of railroad operation and rates has been largely increased, extending to matters of railroad administration. In a letter written to President Wilson, in 1914, Charles Francis Adams, an Ex-President of the Union Pacific Railway and an Ex-Railway Commissioner of the State of Massachusetts, expressed his opinion of the practical workings of this act to regulate commerce, as follows: "Forty years ago I had much to do with the origin and early development of the Railroad Commission. A pioneer, I am free to say I had little realizing sense of what was finally to result from the movement then initiated; nor has the course of development altogether commended itself to my judgment. In connection with our form of government, I still question in many respects its wisdom or its practical results." The act has not produced all of the good results that its sponsors had hoped for. It was, in the beginning, a crude effort to relieve a situation that had become unbearable for both the public and the railroads. The principal fault has been that subsequent ...

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated.1917 Excerpt: ... THE SINS OF REGULATION Interstate Commerce Act. In the words of a decision of the United States Supreme Court, the Interstate Co...

Format:PaperbackDimensions:52 pages, 9.69 × 7.44 × 0.11 inPublished:February 9, 2012Publisher:General Books LLCLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0217479510

ISBN - 13:9780217479516

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