 | United States. Congress. House. Committee on Interstate and Foreign Commerce - 1911 - 52 sider
...highway, must be the fair value of the property being used by it for the convenience of the public. * * * What the company is entitled to ask is a fair return...that which it employs for the public convenience. So we have here these two things for a working basis: (1) A properly capitalized railroad, properly... | |
 | Matthew Brown Hammond - 1911 - 216 sider
...Commission decided that the interstate rate complained of was not unreasonable the Commission added: /'What the company is entitled to ask is a fair return...that which it employs for the public convenience." Of more significance, however, is the Commission's statement in the case of Board of Trade of the City... | |
 | United States. 61st Congress, 1909-1911. House. [from old catalog] - 1911 - 764 sider
...must be the fair value of the property being used ty it for the convenience of the public. * * * \Yhat the company is entitled to ask is a fair return upon...that which it employs for the public convenience. So we have here these two things for a working basis: (1) A properly capitalized railroad, properly... | |
 | Matthew Brown Hammond - 1911 - 216 sider
...Supreme Court in the Nebraska Freight Rate case l established the rule that a carrier is entitled to earn a " fair return upon the value of that which it employs for the public convenience," but this, in the absence of any standard for determining what is that value, is, as the Commission... | |
 | Robert Harvey Whitten - 1912 - 850 sider
...the necessary elements in such inquiry, will always be an embarrassing question. . . . provements, the amount and market value of its bonds and stock,...that which it employs for the public convenience. iOn the other hand, what the public is entitled to demand is that no more be exacted from it for the... | |
 | Leonard Francis Boon - 1912 - 200 sider
...capital unimpaired, and a suitable return on the capital invested. In Smythe vs. Ames, the Court said: "What the company is entitled to ask is a fair return...that which it employs for the public convenience." Again in the same case: "The corporation may not be required to use its property for the benefit of... | |
 | 1912 - 1254 sider
...other matters to be regarded in estimating the valuó of the property. What the company is eutitled to ask is a fair return upon the value of that which It employs for the public convenience." Smyth т. Ames, 169 US 4GG, 546, 547, 18 Sup. Ct. 418, 42 L. Ed. 819. Sec, also, 2 Hutchinson on Carriers,... | |
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We do not say that there may not be other matters to be regarded in estimating the value of the property. What the company is entitled to ask is a fair return upon the value of that which it employs for the public convenience. 
