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addition administrative Alaska allowed amended American amount applicable areas authorized base basis believe Bermuda bill Board Bull capital cargo carriers carry Chairman Coast Guard Commerce Commission committee competition Congress consideration construction continue cost cruise defense Department determined domestic economy effect existing expenses fact Federal foreign freight further give going Government Hawaii hearing important increase industry interest legislation loan mainland March Maritime matter Merchant Marine million navigational Office operating passenger percent period ports position present President problem proposed Puerto Rico question railroads reasonable record regulations respect result route rules Senator BARTLETT served ships STAKEM statement subsidy suggest terminals Thank things tion trade traffic transportation United vessels Washington West Indies York
Page 136 - 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 120 - 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 115 - 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 33 - 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 133 - 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 14 - ... 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 59 - 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.
Page 122 - Under the statutory standard of "just and reasonable" it is the result reached not the method employed which is controlling. It is not theory but the impact of the rate order which counts.