Regulation of Commerce Among the States. the Governmental Policy of Thomas Jefferson Vindicated By the Lessons of Experience. Views of the Interstate Commerce Commission in Regard to Governmental Rate-Making
Regulation of Commerce Among the States. the Governmental Policy of Thomas Jefferson Vindicated By the Lessons of Experience. Views of the Interstate Commerce Commission in Regard to Governmental Rate-Making
Nimmo, Joseph, 1837-1909
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As the result of improvements in roadway, equip- ment, terminal facilities and the means provided for joint traffic the efficiency of the railroad of to-day is vastly greater than that of the railroad of thirty or even twenty years ago. 6. The statistical abstract of the United States for the year 1904, on page 461, indicates that the prices of the leading articles of daily consumption from the year 1887, II when the Interstate Commerce Act took effect, to January i, 1905, exhibited an increase... of over 7 per cent, whereas the rate per ton per mile charged on the railroads of the United States during the same period exhibited a decrease of 24 per cent. 7. The National Board of Trade has twice decided against governmental rate-making. But the Interstate Commerce Commission has been com- pelled to give in evidence against its own contentions for the autocratic control of the commerce of the country as against the principle of commercial liberty proclaimed by Thomas Jefferson. In compliance with a resolution of the Senate of the United States dated January 16, 1905, the Commission reported that during the eighteen years of its existence there were in all 9,089 complaints heard by it.
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