The Railway LibrarySlason Thompson Gunthorp-Warren Printing Company, 1910 |
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Common terms and phrases
ACWORTH advance aggregate Allegheny mountains amendment American railways amount average bill Blairsville British railways Bureau Burlington Company canal capital carrier cars handled Chicago classes commodities compensation competition Congress construction cost courts dividends effect employes ending June 30 engines equipment expenditures favor feet freight cars freight rates grade gradient gross earnings Hollidaysburg income increase interest Interstate Commerce Commission June 30 labor legislation less Lewistown locomotives manufacture ment mile cents mileage miles of line Mississippi River official Ohio River operating expenses paid Pittsburg postal Postoffice pounds practically present profit proportion question rail Railroad Company ratio reasonable receipts reduced regulation result revenue river roads route shippers shows solid South South statement statistics tion tonnage tons Total track traffic train accidents transportation charge United United Kingdom wages West York
Popular passages
Page 263 - ... at the common law, free to make special contracts looking to the increase of their business, to classify their traffic, to adjust and apportion their rates so as to meet the necessities of commerce, and generally to manage their important interests upon the same principles which are regarded as sound, and adopted in other trades and pursuits.
Page 267 - If the company is deprived of the power of charging reasonable rates for the use of its property, and such deprivation takes place in the absence of an investigation by judicial machinery, it is deprived of the lawful use of its property, and thus, in substance and effect, of the property itself, without doe process of law, and in violation of the Constitution of the United States...
Page 5 - There be three things which make a nation great and prosperous : a fertile soil, busy workshops, and easy conveyance for men and goods from place to place.
Page 291 - The statistical report of the Interstate Commerce Commission for the year ending June 30, 1907...
Page 271 - ... investigates, declares, and enforces liabilities as they stand on present or past facts and under laws supposed already to exist. That is its purpose and end. Legislation, on the other hand, looks to the future and changes existing conditions by making a new rule, to be applied thereafter to all or some part of those subject to its power. The establishment of a rate is the making of a rule for the future, and therefore is an act legislative, not judicial, in kind, as seems to be fully recognized...
Page 271 - A judicial inquiry investigates, declares, and enforces liabilities as they stand on present or past facts and under laws supposed already to exist.
Page 268 - Act, to determine and prescribe what will be the just and reasonable rate or rates, charge or charges, to be thereafter observed in such case as the maximum to be charged ; and what regulation or practice in respect to such transportation is just, fair, and reasonable to be thereafter followed ; and to make an order that the carrier shall cease and desist from such violation, to the extent to which the Commission find the same to exist...
Page 267 - No hearing is provided for, no summons or notice to the company before the commission has found what it is to find and declared what it is to declare, no opportunity provided for the company to introduce witnesses before the commission, in fact, nothing which has the semblance of due process of law ; and...
Page 83 - No kind of working compromise has been reached between the States on the one hand, and the federal government on the other.
Page 266 - It must be remembered that railroads are the private property of their owners; that while from the public character of the work in which they are engaged the public has the power to prescribe rules for securing faithful and efficient service and equality between shippers and communities, yet in no proper sense is the public a general manager.