Discrimination-Continued. Decision of Interstate Commerce Commission should be specific as to Page. 894 Defined (Wimbish)‒‒‒‒ 482 Existing in a certain State should be dealt with by State authorities 882 Essential in the successful conduct of affairs (Wimbish). 482 Impossible to induce industries to locate on rails of short lines ac- 1978 No provision in act to regulate commerce to prevent, between locali- 2387 482 Power of Interstate Commerce Commission to remove (Wimbish) __ 484 3381 483 Private ownership of refrigerator cars by the large meat packers an 833 Prohibition against unjust, as applied to transmission of intelli- 16 Provision of act forbidding, criticized (Spelling). 2387 Removal of, without disturbing rates of an entire State (Cowan)__ 888 1614-1625, 1633-1637 State passenger traffic against interstate passenger traffic more pro- 1442 Dispatchers. (See Train Dispatchers.) Disputes. (See Labor Disputes.) Distribution of cars. (See Cars.) District freight traffic committees favored (Gilham). 942, 949, 952 Amendment suggested to prohibit wrongful diversions (Carr) – 2229 1453 400 Power of Interstate Commerce Commission to direct (Johnston) 1080-1081 1941 Dividends: Amount, 1892-1917 (Clark). 2889 Available for year 1916 (Warburg). 220 2858-2860 823 1193 132-137 2117 Operating income compared with interest and (Thom) Divisional points, cars loaded with coal held at (Loos) – 2182 Divisions: Density of traffic enters largely into what divisions to short line 1913 Division sheets should be filed with the Interstate Commerce Com- Divisions-Continued. Interstate Commerce Commission should be given power to prescribe No fixed standard of (Clark)-- Page. --1903-1904 2809 Power to fix, between rail and water lines should be vested in the 2629 Public no interest in, except as it might affect rates (Hopkins). 2339 1906 Rule for making short-line, in the past a matter of barter and trade 1001 Short lines (Clark). 2868-2869, 2878-2879 Stabilizing weak lines through proper (Cass)--. 1230 Terminals of roads should be considered in fixing (Barrett) Government ownership advocated (Lyon). Interstate Commerce Commission to have jurisdiction over (Ful- 439 448 3393 Drayage, waste in New York City caused by (Martin)__ E. Earnings: 555 1523-1524, 1527 246 229 Capitalization consists of profits upon profits (Spelling). 1276-1280 Congress has power to fix profits on commodities of life (Stone).. 738 1239 Excess- Exceeded 5 per cent on capitalization during period 1915-1917 (Wim- Diversion of traffic by the Interstate Commerce Commission for pur- 3575 2409 458 Distribution of- Consolidated lines under Warfield plan (Johnston). All above 6 per cent on fair value should be regarded as (Sal- 230 109 Not to be considered unless it exceeds earnings of three-year Opinion of Charles Evans Hughes relative to constitutionality of ful rates (Thom). 275 2981-2986 Earnings Continued. Excess-Continued. Page. Opinion of National Association of Owners of Railroad Securities 3002-3009 Anderson_. Beach___ Cammen_- 1567, 1568, 1576 1096 521 Johnston 1071 982, 994, 1001 Walter Elliott Payment of, into guaranty fund, approved (Hunt). ship, challenged (Spelling). 2098 2365 Process of recapture under Warfield plan (Johnston) __ 1069–1070 1062-1063, 1065–1066, 1069 837 1070 Far in excess of legitimate requirements (Spelling). 2405 528 Government has power to decree by legislation that cost of trans- Income account, properties under Federal control (Hines) — Income of roads to be regulated by wages of employees (Lenroot). Industrial system calculates profits on cost of production and not on 653 444 41 1984 2806-2807 2805 2133 1407 Insufficient after year 1910 to pay interest and dividends (Thom)__. 654 931 Letter submitted by Samuel Rea with respect to bringing into proper 3287 Limitation of, only solution of the high cost of products (Garretson)__ Average for Class I roads, southern district, for three-year test 232 Compared with property investment account (Thom) – 1191-1192 Defined (Salmon). 270 During test period 50 Class I roads in eastern district averaged 271 Interests and dividends compared with (Thom)_ 1193 New England railroads combined, for three-year test period 1395 Test period ended June 30, 1917 (Wheeler). 183 1337-1338 Passage of Sims bill will reestablish the theory that railroads should 555 Thom Earnings-Continued. Percentage of, applicable to dividends, 1916-17 (Clark)‒‒‒‒‒ Permanent adequate surplus as a fixed governmental policy advo- Page. 132 2294 2341 1294 518 1295, 1364 Sharing of, merits of Plumb plan (Cowan) – Roads as a whole have not been permitted to earn enough because of Revenues and expenses, steam roads in United States, June 1918-19 Regulation of rates by Interstate Commerce Commission has not Railroads should be permitted to earn all that the traffic will bear Railroad capital will not take all the risk without hope of profit Profits can be shown under Plumb plan (Stone). 1236, 1237, 1239, 1243 548 521 1302 554 1302 1914 2857,2861 960-972 1867 563 Sufficiency of railroads, importance of (Post). Steam roads in United States, June 30, 1900, to December 31, 1918 Statement of per cent of, on common stock for calendar year 1917 864 465 43-44 1106 Eastman, Joseph B., letter submitted by, setting forth views on rail- Eastern presidents' conference, resolutions adopted by, relative to return Summary covering income account, Class I roads operated by U. S. Eastern Advance Rate case (20 I. C. C., 269). 1296 745 3533 3318 Eby, J. H., plan proposed by, for solution of railroad problem------ 3514-3516 Roads under private operation will not be able to affect substantial 1360 460 Traffic not moved with, under Federal control (Wimbish). Level of wages has a great deal to do with (Plumb) Weakened in every industry during the war (Morrison) .... Education, industrial problem would not be solved by (Plumb)- Economical, desired by the public (Garretson). Operating, degree of, as applied in management of roads, compared Letter submitted by, relative to proposed changes in Esch bill. 3326 2327 720 787 702 Exclusion of, from provisions of Cummins bill, advocated (letter Elimination of, from legislation affecting steam roads, advocated Traffic moved with, but not economically under Federal control 463 400 . 576 3552 3418 Electric railways--Continued. Page. Failure of steam lines to accord through routes and joint rates to 1935 Great deal of short traveling done upon (Cass) 1932 1974 Handicaps experienced by Iowa Southern Utilities Co. during the 2941 Jurisdiction of Interstate Commerce Commission over interurban 2940-2943 Regulation of capitalization should not include (Decker). 917 1880 Electric Short Line Railway Co., letter submitted by, relative to precari- 3383 Elk County Manufacturers' Association, resolutions adopted by, oppos- 3540 1374 Elmquist, Charles E., statement of 1589 Embargoes: Authority of Interstate Commerce Commission to declare, under pro- Provisions in proposed bill relative to, discussed (Decker). Emergency financing. (See Financing of roads.) Eminent domain: 916 2310 Bonds could be secured by right of, if bondholders not willing to 2121 Power of, coextensive with the right to regulate commerce (Thom)__ 1251 Cowan__ Morawetz Thom__ 862 531 1248-1249 Where property taken by condemnation, present value must be taken 2165 Employees (see also Capital and labor): 2051 Complete organization of labor employed in the railroad industry 602 Conception of labor (Gompers). 3135 Consideration of labor in railroad problem, necessary (Anderson). 1561, 1563, 1566-1567 Controversies between should be regulated by the Interstate Com- 901 Difficulties of organized labor, attributed to the high cost of living 585 Extract from address of Walker D. Hines before Philadelphia 3236 Government- Loss of, in postal service and cause (Morrison) –– 564 Wages of, do not meet the increased cost of living (Morrison) ––. 564 1380 Gulf between classified railroad, and officials (Chamberlain) – 2146 570 Increase in force of, under Federal control (Lovett). Increased cost of labor (Platt). 1360 1724 Increased cost of living should not be borne by labor (Morrison). 585 600 |