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Page 128 - It is not theory but the impact of the rate order which counts. If the total effect of the rate order cannot be said to be unjust and unreasonable, judicial inquiry under the act is at an end.
Page 112 - Moreover, the Commission's order does not become suspect by reason of the fact that it is challenged. It is the product of expert judgment which carries a presumption of validity. And he who would upset the rate order under the Act carries the heavy burden of making a convincing showing that it is invalid because it is unjust and unreasonable in its consequences.
Page 107 - What the company is entitled to demand, in order that it may have just compensation, is a fair return upon the reasonable value of the property at the time it is being used for the public.
Page 21 - Such contract shall provide that the amount of the operating-differential stibsidy, including such subsidy for any period durhin ichich the vessel is authorized to cruise as provided in section 613 of this title, shall not exceed the excess of the fair and reasonable...
Page 121 - States; shall engage in oceanographic research on the high seas and in water subject to the Jurisdiction of the United States; and shall maintain a state of readiness to function as a specialized service in the Navy in time of war.
Page 23 - ... that the prospective earning power of the applicant and the character and value of the security offered are such as to furnish reasonable assurance of the applicant's ability to repay the loan within the time fixed therefor...
Page 47 - The ranks, grades, and ratings for the personnel of the said Service shall be the same as are now or shall hereafter be prescribed for the personnel of the Coast Guard.