WITNESSES. Page. Beckwith, J. Q., assistant to general manager Virginia & Southern Caro- lina Railroad, Lumberton, N. C--- 327 Bogle, Walter F., W. S. Bickle Co. (Inc.), Chicago, Ill__ Colver, William B., commissioner, Federal Trade Commission_. Colver, William B., commissioner, Federal Trade commission, resumed_ Davis, William E., commissioner of light and heat, Cleveland, Ohio.. Hymann, Isaac, Real Estate Owners' Association, city of New York_ Isaacs, Samuel S., Greater New York Taxpayers' Association, New York Korne, Dr. Abraham, New York City, real estate owners of the city of 132 Lewis, J. L., assistant president, United Mine Workers, Springfield, Ill__ 69 160 Mehlich, William, Twelfth and Nineteenth Wards Real Estate Owners' Association, and South Bronx Property Owners' Association, New York Moderwell, Charles, Chicago, Ill. 24 Morrow, J. D. A., commissioner, Pittsburgh Coal Producers' Associa- VI PRICE REGULATION OF COAL AND OTHER COMMODITIES. FRIDAY, JUNE 22, 1917. UNITED STATES SENATE, COMMITTEE ON INTERSTATE COMMERCE, Washington, D. C. The committee met, pursuant to call, at 10 o'clock a. m., in room 326 Senate Office Building, Senator Francis G. Newlands presiding. Present: Senators Newlands (chairman), Smith of South Carolina, Pomerene, Thompson, Gore, Cummins, Poindexter, and Kellogg. The committee proceeded to consider the bill (S. 2354), "To amend the act to regulate commerce, as amended, and for other purposes, and the resolution (S. J. Res. 77), "To provide further for the national security and defense by regulating the production, sale, and distribution of coal," which are as follows: S. 2354, A BILL To amend the act to regulate commerce, as amended, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That on and after June first, nineteen hundred and seventeen, and during the continuance of the war in which the United States is now engaged, it shall be unlawful for any common carrier subject to the act to regulate commerce approved February fourth, eighteen hundred and eighty-seven, or any officer, agent, contractor, or subcontractor of such common carrier, or any person, firm, or corporation manufacturing or producing any supplies or material used by any such common carrier, to pay, or agree to pay, or for any person, firm, or corporation to charge or to receive from any such common carrier, its officer, agent, contractor, or subcontractor, or any person, firm, or corporation manufacturing or producing any supplies or material used by any such common carrier, any sum in payment for fuel, supplies, equipment, or material of any kind or description used, or necessary to be used, in the construction, maintenance, betterment, extension, or operation of the property of any such common carrier in excess of the unit prices applicable on June thirtieth, nineteen hundred and sixteen, on such article or articles of the same or similar kind, quality, and quantity: Provided, however, That such unit price may be increased or reduced as provided in section two hereof, but in no event shall it be in excess of the cost of manufacture or production plus ten per centum. SEC. 2. That during the period covered in section one hereof, whenever any dispute or controversy shall arise respecting delivery or the price to be paid for any article mentioned in said section, the President is authorized, whenever in his judgment such action is necessary to the public security and defense, to direct that such delivery shall be made and at such price as he shall determine, after full hearing, to be reasonable. He may give these directions at and for such times as he may determine, and may modify, change, suspend, or annul them, and for any such purpose he is hereby authorized to issue orders direct, or through such person or persons as he may designate for the purpose, to any of the officers, agents, or employees of the aforesaid common carriers, persons, firms, or corporations. Officials of the United States, when so designated, shall receive no compensation for their services rendered hereunder. 3 |