... Five Per Cent Case: Letters from the Chairman of the Interstate Commerce Commission, Transmitting, in Response to a Senate Resolution of March 23, 1914, a Copy of All Evidence Introduced and All Exhibits Received at Hearings Before the Interstate Commerce Commission in Docket Number 5860, Volume 4U.S. Government Printing Office, 1916 - Railroads |
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Common terms and phrases
1st g average Baltimore & Ohio barrels BRANDEIS BUTTERFIELD capital stock carload ratings carriers cars cent bonds cent freight Central Freight Association charge Chicago coal compared cost decline decrease dividends eastern district equipment Examiner GERRY exhibit fact figures Freight Association scale Freight Association territory freight rates funded debt GLASGOW handled haul HENSON increase industrial interest Interstate Commerce Commission investment JAMES JONES Less than carload lines LOVEJOY LYON MacGraham scale maintenance market prices mile operated-all tracks mile operated-single track mile owned-all tracks mile owned-single track Mileage minimum weights MINNIS official classification operating expenses operating revenue PATTERSON Pennsylvania Co Pennsylvania Railroad Philadelphia piers pig iron Pref private sidings question rail railroad company railway Ratio to operating representative road securities shippers situation statement steel storage SULLIVAN tariff team tracks terminal THORNE tion traffic United unloading WALTER warehouse WILLARD yard York Central
Popular passages
Page 3767 - We hold, however, that the basis of all calculations as to the reasonableness of rates to be charged by a corporation maintaining a highway under legislative sanctions must be the fair value of the property being used by it for the convenience of the public.
Page 3819 - ... suggests, even in a remote degree, a reliable measure either of money invested or of present value. Thus, at the first touch of critical analysis, the balance sheets published by American railways are found to be inadequate.
Page 3530 - This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their successors and assigns.
Page 3767 - American railways in the matter of their property accounts, nor is such a criticism necessary for the purpose in hand. It is sufficient to refer to the well-known fact that no court, or commission, or accountant, or financial writer would for a moment consider that the present balance-sheet statement purporting to give the "cost of property" suggests, even in a remote degree, a reliable measure either of money invested or of present value.
Page 3529 - In consideration of the use of the union trade label of the party of the second part, the party of the first part agrees to abide by the following rules and conditions governing the same: 1.
Page 3531 - On this day of , 19 , before me, appeared — to me personally known, who being by me duly sworn, did say that he is the President of a corporation, and that the seal affixed to the foregoing instrument is the corporate seal of said corporation and that said instrument was signed and sealed in behalf of said corporation by authority of its Board of Directors, and said acknowledged said instrument to be the free act and deed of said corporation.
Page 4079 - While there is to-day no competition worth the name in the railway rate, and while there never will again be such competition, this has not been true of the past. Originally there was the most active competition in the rate of transportation by rail, and these tariffs, especially in Official Classification territory, are largely the product of that competition. There is a strong presumption that rates so arrived at are reasonable rates.
Page 3529 - ... the party of the first part under this agreement without any notice or demand by the party of the second part.
Page 3223 - I now make reference to the annual report of the directors of the American Telephone & Telegraph Co.
Page 3530 - Company, who being by me duly sworn did depose and say that he resides in New York, New York ; that he is the...