Railroad Legislation: (Sec. 15a--Recapture Clause--I.C. Act) (Sec. 15a--Rule of Rate Making--I.C. Act) (Sec. 19a--Valuations--I.C. Act) Hearings Before the Committee on Interstate and Foreign Commerce, House of Representatives, Seventy-second Congress, First Session, on H.R. 7116 and 7117, to Amend Section 15a of the Interstate Commerce Act, and for Other Purposes. January 19, 20, 21, 22, 26, 27, 28, 29, and February 2, 3, 4, 5, 9, 10, 11 and 12, 1932U.S. Government Printing Office, 1932 - 584 sider |
Vanlige uttrykk og setninger
adequate aggregate Amount Rate BENTON BLEDSOE BULWINKLE BURTNESS capital stock Dec carriers cent CHAIRMAN claim clusive commis Commissioner EASTMAN committee Congress consideration considered course depreciation determined Dividends declared economic effect estimated excess earnings excess income fact fair return Fredericksburg & Potomac FULBRIGHT fund GARBER GILLEN give going Government HOCH HUDDLESTON income accounts income miscellaneous increase interstate commerce act Interstate Commerce Commission investment Jonesboro judgment Lake Erie litigation MAPES matter ment mission Net income O'Fallon original cost paid period present purpose question R. R. Co rail railroads railway operating income rate base rate-making reasonable rates recapture clause recapture provisions referred regulation repeal revenue roads rule Sam Rayburn section 15a securities SHALLENBERGER shippers short-line railroad sion Southern statement Supreme Court Thom tion Total capital TOTAL CORPORATE SURPLUS traffic transportation act valuation
Populære avsnitt
Side 256 - In the exercise of its power to prescribe just and reasonable rates the 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...
Side 124 - All charges made for any service rendered or to be rendered in the transportation of passengers or property as aforesaid, or in connection therewith, or for the receiving, delivering, storage, or handling of such property, shall be reasonable and just; and every unjust and unreasonable charge for such service is prohibited and declared to be unlawful.
Side 18 - The return should be reasonably sufficient to assure confidence in the financial soundness of the utility and should be adequate, under efficient and economical management, to maintain and support its credit and enable it to raise the money necessary for the proper discharge of its public duties.
Side 67 - ... When the question arises whether the legislature has exceeded its constitutional power in prescribing rates to be charged by a corporation controlling a public highway, stockholders are not the only persons whose rights or interests are to be considered. The rights of the public are not to be ignored. It is alleged here that the rates prescribed are unreasonable and unjust to the company and its stockholders. But that involves an inquiry as to what is reasonable and just for the public The public...
Side 18 - A public utility is entitled to such rates as will permit it to earn a return on the value of the property which it employs for the convenience of the public equal to that generally being made at the same time and in the same general part of the country on investments in other business undertakings which are attended by corresponding risks and: uncertainties...
Side 67 - What the company is entitled to ask is a fair return upon the value of that which it employs for the public convenience. On the other hand, what the public is entitled to demand is that no more be exacted from it for the use of a public highway than the services rendered by it are reasonably worth.
Side 6 - 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...
Side 117 - 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...
Side 3 - 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...
Side 153 - 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, without enabling some of such carriers to receive a net railway operating income substantially and unreasonably in excess of a fair return upon the value of their railway property held for and used in the service of transportation...