Investigation of Feasibility and Desirability of Fixing Railroad Rates on the Basis of Zones: Hearing Before a Subcommittee...on S.J. Res. 58...June 16, 1939 |
From inside the book
Results 1-5 of 19
Page 2
... produce some revenue over and above operating expenses . Therefore I feel it is vitally important for the Interstate Commerce Commission to be authorized to make this investigation . I cannot see why anybody should object to this ...
... produce some revenue over and above operating expenses . Therefore I feel it is vitally important for the Interstate Commerce Commission to be authorized to make this investigation . I cannot see why anybody should object to this ...
Page 9
... produce . Where do you think Mr. Ford would be if he tried to get $ 3,600 for an automobile that cost him $ 332 to produce in a competitive market ? Senator JOHNSON of Colorado . You say it costs one - third of a cent a mile to move a ...
... produce . Where do you think Mr. Ford would be if he tried to get $ 3,600 for an automobile that cost him $ 332 to produce in a competitive market ? Senator JOHNSON of Colorado . You say it costs one - third of a cent a mile to move a ...
Page 10
... producing the service . Senator JOHNSON of Colorado . Of course you are calculating that every seat will be occupied . Mr. HASTINGS . Oh , no , sir . Senator BONE . What occupancy do you calculate ? Mr. HASTING . Sixty percent occupancy ...
... producing the service . Senator JOHNSON of Colorado . Of course you are calculating that every seat will be occupied . Mr. HASTINGS . Oh , no , sir . Senator BONE . What occupancy do you calculate ? Mr. HASTING . Sixty percent occupancy ...
Page 16
... producing this parity , but it is to cease once the parity is attained . Probably it is intended that the differen- tial shall be reduced , when parity is attained , so that the total revenue will not exceed the 1925-34 average , until ...
... producing this parity , but it is to cease once the parity is attained . Probably it is intended that the differen- tial shall be reduced , when parity is attained , so that the total revenue will not exceed the 1925-34 average , until ...
Page 24
... produced the proper results , and yet the railroads persist in their stupid policy of always increasing rates in order to get increased revenues , when history shows that every time they have increased rates they have decreased revenues ...
... produced the proper results , and yet the railroads persist in their stupid policy of always increasing rates in order to get increased revenues , when history shows that every time they have increased rates they have decreased revenues ...
Common terms and phrases
apply assigned and apportioned BURTON K car mileage carrier cents a mile cents per mile Chairman charges Chicago class I railroads CLEVELAND combination cars committee commuting Congress Corporation cost differential distance economic factor fares and rates first-class passenger coach fixed freight going Government haul increase Interstate Commerce Commission interurban postalized first-class investigation January 16 JOHNSON of Colorado Missouri River number of passengers One-half of combination passenger coach fare passenger fares passenger revenue passenger service passenger traffic passenger travel passenger-miles percent postalized fare postalized first-class passenger postalized passenger postalizing transportation principle produce proposed Pullman radius not less rail railroad passenger railroad transportation railway rate structure Reconstruction Finance Corporation record reduced ride seat seat-mile Senator BONE Senator JOHNSON Senator REED senger suburban suggestion tion United United States Senate volume Washington WILLIAM LEMKE York Zone numbered zones or radius
Popular passages
Page 8 - The Corporation shall be entitled to the free use of the United States mails for its official business in the same manner as the executive departments of the Government, and shall determine its necessary expenditures under this Act and the manner in which they shall be incurred, allowed, and paid, without regard to the provisions of any other law governing the expenditure of public funds.
Page 8 - Payment for the $825,000,000 balance of such capital stock shall be subject to call at any time in whole or in part by the Board of Directors of the Bank.
Page 7 - That every person or corporation, whether carrier or shipper, or any receiver, trustee, lessee, agent or person acting for or employed by a carrier or shipper, or other person, who shall knowingly violate or fail to observe any of the provisions of this act, or shall knowingly interfere with or impede the possession, use. operation or control of any railroad property, railroad or transportation system hitherto or hereafter taken over by the president, or shall knowingly violate any of the provisions...
Page 8 - The Corporation shall issue to the Secretary of the Treasury receipts for payments by him for or on account of such stock, and such receipts shall be evidence of the stock ownership of the United States.
Page 8 - Act, shall have succession, until dissolved in accordance with this or any other Act of Congress ; shall have power to sue and be sued in any court, to adopt and use a corporate seal, to make contracts...
Page 8 - ... of the United States. In order to enable the Secretary of the Treasury to make such payments when called, the Reconstruction Finance Corporation is authorized and directed to allocate and make available to the Secretary of the Treasury the sum of $200,000,000, or so much thereof as may be necessary...
Page 2 - That the Interstate Commerce Commission is authorized and directed to make a thorough investigation of the rate structure of common carriers subject to the interstate commerce act, in order to determine to what extent and in what manner existing rates and charges may be unjust, unreasonable, unjustly discriminatory, or unduly preferential, thereby imposing undue burdens, or giving undue...
Page 8 - Treasury to make such payments when called, the Reconstruction Finance Corporation is hereby authorized and directed to make available to the Secretary of the Treasury the sum of $500,000,000, or so much thereof as may be necessary ; and for such purpose the amount of the notes, bonds, debentures, or other obligations which the Reconstruction Finance Corporation is authorized and empowered under the Reconstruction Finance Corporation Act, section 9 thereof, as amended, to have outstanding at any...
Page 8 - ... (b) The Commission is authorized to appoint, without regard to the Civil Service Act, rules, and regulations, an Executive Director and such other officers, employees, or agents as may be necessary for the performance of its duties under this Act. The Commission may receive assistance from other Federal departments and agencies in carrying out the purposes of this Act. The Commission may delegate such powers or duties as may be necessary to carry out the purposes of this Act.
Page 2 - SEC. 2. There is hereby authorized to be appropriated the sum of $25,000, or so much thereof as may be necessary, to carry out the provisions of section 1 of this act. SEC. 3. The land acquired under section 1 of this act shall be under the jurisdiction and control of the Secretary of War, and there is authorized to be appropriated for the maintenance of such monument and...