Investigation of Railroads, Holding Companies, Affiliated Companies and Related Matters: Associations related to railroads, legislative activities, activities to influence public opinion, financial support, policies on private car lines, policies on freight rate divisionsU.S. Government Printing Office, 1937 - Holding companies |
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Common terms and phrases
American Railroads American Railway Association appendix Asso Association of American Association of Railway bill Board of Directors BROWN Calif Canadian Pacific lines carriers cent Central CHAIRMAN Chamber of Commerce Chicago City Congress cooperation Coordinator copy cost Council Bluffs Counsel division earnings Eastern Ex Parte 123 Executive Committee fact File freight HARRISON HAYS highway holding companies Illinois Incl included income increase industry interest Interstate Commerce Commission Iowa J. P. Morgan letter referred lines Louis LOWENTHAL marked Exhibit matter meeting membership mileage Missouri motor Ohio operating organization ownership Pacific Fruit Express PELLEY Pennsylvania Railroad proposed Pullman Pullman Company question rail Railroad Association Railway Executives rates reading from Exhibit record refrigerator cars representatives revenue roads SARGENT Section Security Owners Association Senator TRUMAN Senator Wheeler shippers sleeping car statement tion traffic Transportation Association truck Union Pacific Vice President Washington WYER York
Popular passages
Page 10116 - Property does become clothed with a public interest when used in a manner to make it of public consequence, and affect the community at large. When, therefore, one devotes his property to a use in which the public has an interest, he, in effect, grants to the public an interest in that use, and must submit to be controlled by the public for the common good, to the extent of the interest he has thus created.
Page 10412 - All this may seem plausible : but the best that can be said for it is, that it is an hypothesis that saves some difficulties; but there is no sort of proofs to make it appear to be true.
Page 10379 - ... and will be consistent with the public interest, it shall enter an order approving and authorizing such transaction, upon the terms and conditions, and with the modifications, so found to be just and reasonable...
Page 10379 - ... (c) Whenever two or more carriers propose a consolidation under this section, they shall present their application therefor to the Commission, and thereupon the Commission shall notify the Governor of each State in which any part of the properties sought to be consolidated is situated and the carriers involved in the proposed consolidation, of the time and place for a public hearing.
Page 10339 - ... the need, in the public interest, of adequate and efficient railway transportation service at the lowest cost consistent with the furnishing of such service ; and to the need of revenues sufficient to enable the carriers, under honest, economical, and efficient management to provide such service.
Page 10340 - I hereby certify that I have this day served the foregoing document upon all parties of record In this proceeding by mailing, postage prepaid (or by delivering In person) a copy to each such party.
Page 10007 - Dutch also. (At this point there was a brief discussion off the record which the reporter was directed not to record, after which the following occurred:) Mr.
Page 10379 - ... to accomplish or effectuate, or to participate in accomplishing or effectuating, the control or management in a common interest of any two or more carriers, however such result is attained, whether directly or indirectly, by use of common directors, officers, or stockholders, a holding or investment company or companies, a voting trust or trusts, or in any other manner whatsoever. It shall be unlawful to continue to maintain control or management accomplished or effectuated after the enactment...
Page 10339 - Commission, of their traffic, service, or gross or net earnings, or of any portion thereof, will be in the interest of better service to the public or of economy in operation, and will not unduly restrain competition...
Page 10326 - Commission shall by order approve and authorize, if assented to by all the carriers involved, such pooling or division, under such rules and regulations, and for such consideration as between such carriers and upon such terms and conditions, as shall be found by the Commission to be just and reasonable in the premises...