Government Control and Operation of Railroads

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Page 32 - Government control will be demanded and will have to be worked out, both in the interest of the public and in the interest of the security holders of these railroads.
Page 3 - ... electric power, including also terminals, terminal companies, and terminal associations, sleeping and parlor cars, private cars and private car lines, elevators, warehouses, telegraph and telephone lines, and all other equipment and appurtenances commonly used upon or operated as a part of such rail or combined rail and water systems of transportation...
Page 29 - UNITED STATES SENATE, COMMITTEE ON INTERSTATE COMMERCE, Washington, DC The committee met pursuant to adjournment, at 10 o'clock am, in room 212.
Page 27 - ... (The committee thereupon went into executive session, at the conclusion of which an adjournment was taken...
Page 81 - That the federal control of railroads and transportation systems herein and heretofore provided for shall continue for and during the period of the war and for a reasonable time thereafter, which shall not exceed one year and nine months next following the date of the proclamation by the President of the exchange of ratifications of the treaty of peace...
Page 1 - Administrator determines to be in accordance with the requirements of this section. "(2) (A) The Administrator shall conduct a study and shall submit a report to the Committee on Interstate and Foreign Commerce of the United States House of Representatives...
Page 68 - ... emergency that may arise may require. Now as to the rate-making power, I think the President undoubtedly has the power to control rates during the time of Federal possession, under the present law. I think, one the other hand, that that power ought not to be exercised — and I am sure it will not be exercised — except in such cases as may be necessary in the public interest.
Page 15 - December, I am speaking of. Just before the 28th of December there was a blizzard which had already put the railroads in very bad shape in some parts of the country. Since that date, there was a blizzard, and those railroads which already were suffering from serious congestion, like the Pennsylvania, the Baltimore & Ohio, the Reading, the New York, New Haven & Hartford, and other lines which I need not mention, found themselves of course burdened with a new difficulty. Senator WATSON. Was not a part...
Page 41 - ... the regulation of rates and the Interstate Commerce Commission which regulates rates, not only the amount of the rate but the relative reasonableness of those rates as between communities and States. Should that be left where it is or should it be placed in the hands of one man? Secretary McAnoo. I think the power unquestionably resides in the President to determine those questions-, and I think it is very essential that he should have the power. The President's proclamation has expressly left...
Page 25 - United States Senator, Washington, DC MY DEAR Sin : May I be permitted to call your attention to the Importance that any congressional action re Government railroad control, does not interfere with existing methods or privileges of individual States and local units of taxation of railroad property or receipts. At this time in our State a large portion of the State's revenue is derived from taxation paid by railroads, and to amend in any form would greatly embarrass this State, necessitating new methods...

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