ALLOWANCES, [References are to sections] provisions of the Act, 160, 710. 1. Allowances must be reasonable. undue prejudice in granting allowances, 731. allowance under color of compensation, 737. 2. Allowances must be scheduled. both rates must be open to all, 739. if a switching service is included, 743. allowances for facilities closely scrutinized, 744. whether too advantageous terms, 744. allowances for facilities still permissible, 745. no allowances of anything not in tariff, 814. BASING POINTS, [References are to sections] how basing points are established, 598. natural point for breaking rates, 600. all crossings basing points, 585. no discrimination between the gateways, 585. the basing point system, 808. sanction to rate systems, 808. See DISCRIMINATIONS; LOCAL RATE STRUCTURE. expense of equipment and maintenance, 352. cost of rolling stock, 353. improvement of existing plant, 356. betterments considered as maintenance, 355. replacement considered as repair, 357. permanent improvements should not be annual charge, 358. new construction should be charged to capital, 359. new construction not an operating expense, 360. betterment out of income, 361. permanent improvements out of capital, 958. absorbing earnings in improvements, 959. allowance for unremunerative betterments, 260. BILL OF LADING, See ACCOUNTS, DEPRECIATION. stipulations in bills of lading, 834. limitation of liability thereon, 835. See CONNECTING CARRIAGE, JOINT RATES, SCHedules of RatES, INTERSTATE various theories as to proper capitalization, 251. cost of proper facilities, 253. what is the actual cost, 254. cost enhanced by fraudulent contract, 255. treatment of outside investments, 259. allowance for unremunerative betterments, 260. contributions made by the State, 261. 2. Outstanding capitalization. capitalization outstanding, 262. nominal capitalization, 263. stock issues often deceptive, 264. bonded indebtedness beyond present values, 265. market value of securities, 266. securities issued upon reorganization, 267. capitalization authorized by public authorities, 268. the problem of watered stock, 269. property acquired from surplus earnings, 270. inquiry into foregone profits, 271. existing capitalization hardly excessive, 272. 3. Present value. power to set aside a statutory rate, 273. original cost as affecting present value, 275. [References are to sections] CAPITALIZATION-Continued franchise values, 277. capitalized rights, 281. 4. Cost of reproduction. rule of some State courts, 285. intervening conditions, 292. piece-meal construction, 293. cost of building up the business, 296. See CONSTITUTIONAL LAW, BONDS, STOCKS, Valuation. CAR RENTALS, See DISCRIMINATIONS. CARLOADS AND L. C. L., 1. Different classification of C. L. and L. C. L. different classification and rating, 530. when difference in classification is required, 531. minimum carload regulations, 533. mixed carloads, 534. shipment permitting greater carload, 535. trainloads problematical, 536. traffic handled in special trains, 537. car loaded by several shippers, 538. commission rulings upon special ratings, 539. car sizes, 540. special cars not necessary, 541. 2. Whether difference between C. L. and L. C. L. discriminatory. powers of the Commission, 721n. shipment in carloads, 721. advantages of carload traffic, 722. permission to mix carloads, 723. lower rates for shipments in bulk, 724. barrel oil compared with tank, 724. shipments in trainloads problematical, 725. differential between C. L. and L. C. L., 728. economical use of the tank car, 729. concessions to shippers in bulk considered, 733. See CLASSIFICAtion, DiscrimiNATION. provisions of the Act, 480. prevalence of classification, 481. the meaning of classification, 482. the necessity of a proper classification, 484. 2. General principles of classifying. method of classification, 492. interpretation of the classification sheet, 493. justification for making classification, 498. reasonableness of classification requisite, 499. classification not determined by particular commodity, 501. relief from improper classifications, 503. low-grade commodities, 504. high-grade manufactures, 505. 3. Comparison of commodities. elements in comparison of commodities, 506. a proper rate involves classification, 500. difference between commodities, 516. raw material and manufactured products, 517. 4. Difference between commodities carried. classification based on the package, 518. |