The Railroad Merger Problem: Report, Together with Individual Views of the Subcommittee on Antitrust and Monopoly... Committee Print...88-1...February 26, 1963

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Page 12 - States and the duly authorized officials thereof; and to encourage fair wages and equitable working conditions; all to the end of developing, coordinating, and preserving a national transportation system by water, highway, and rail, as well as other means, adequate to meet the needs of the commerce of the United States, of the postal service, and of the national defense. All of the provisions of this act shall be administered and enforced, with a view to carrying out the above declaration of policy.
Page 40 - The Commission shall as soon as practicable prepare and adopt a plan for the consolidation of the railway properties of the continental United States into
Page 108 - It is hereby declared to be the national transportation policy of the Congress to provide for fair and impartial regulation of all modes of transportation subject to the provisions of this Act, so administered as to recognize and preserve the Inherent advantages of each...
Page 89 - In passing upon any proposed transaction under the provisions of this paragraph (2), the Commission shall give weight to the following considerations, among others: (1) The effect of the proposed transaction upon adequate transportation service to the public; (2) the effect upon the public interest of the inclusion, or failure to include, other railroads in the territory involved in the proposed transaction; (3) the total fixed charges resulting from the proposed transaction; and (4) the interest...
Page 52 - New York, Chicago & St. Louis New York, New Haven & Hartford Pennsylvania Waynesburg & Washington; Balto.
Page 37 - ... the cost of transportation as between competitive systems and as related to the values of the properties through which the service is rendered shall be the same, so far as practicable, so that these systems can employ uniform rates in the movement of competitive traffic and under efficient management earn substantially the same rate of return upon the value of their respective railway properties.
Page 85 - Resources, to which committee shall be referred all proposed legislation, messages, petitions, memorials, and other matters relating to the following subjects: 1.
Page 72 - Rates of a carrier shall not be held up to a particular level to protect the traffic of any other mode of transportation, giving due consideration to the objectives of the national transportation policy declared in this act.
Page 109 - Commission must estimate the scope and appraise the effects of the curtailment of competition which will result from the proposed consolidation and consider them along with the advantages of improved service, safer operation, lower costs, etc., to determine whether the consolidation will assist in effectuating the over-all transportation policy.
Page 42 - Commission may conduct its proceedings in such manner as will best conduce to the proper dispatch of business and to the ends of justice.

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