Railway Rate Theories of the Interstate Commerce Commission

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Class and sectional interests, 158 1. Domestic versus foreign producers, 160 2. Vested in- terests, 161 VIII. Fair return on investment, 170 1. Develop- ment of the theory, 171 2. Rates in general, 173 3. Particular rates, 181 IX. General summary and conclusions, 185 Essen- tial points in a theory of government-regulated rates, 192.
VI. Competition (continued) 4. Export rates " Two questions are raised in connection with this interesting group of cases: (1) Do carriers serving different seaport
...s have a right so to adjust their rates as to promote the export trade of the ports served by them ? (2) If this is done, is the carrier thereby placed under obUgation to grant the same rates on goods carried to these ports for domestic consumption as it gives to the export traffic ?
In attempting to answer these difficult questions the Interstate Commerce Commission has had to consider a vast amount of evidence and listen to many able arguments presenting various views as to the principles involved.


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