Shippers And Carriers of Interstate Freight
Shippers And Carriers of Interstate Freight
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Which view^ is the correct one, it is impossible to decide from the evidence submitted. There is, however, a conclusive w'ay, and it seems to me it is the only one, by which this controversy can be settled, and that is by experiment. A reduction of rail- road charges is not always followed by a reduction of either gross or net income. It can soon be settled w^hieh is right — the rail- road company's officers or the railroad commission — in their view of the effect of the commission's tariff of ...rates, by allowing the tariff to go into operation. If it turns out that the views of the railroad company are correct, and that the schedule fixed by the commission is too low to afford a fair return upon the value of the road, the remedy is plain ; for the law makes it the duty of the commissioners 'from time to time, and as often as circumstances may require, to change and revise said sche- dules. ' " '"Tilley v. Eailroad Co. , 5 Fed. 641, 662, 4 Woods 427.
CHAPTER VI.
POWER OF THE COURTS OF THE UNITED STATES TO PREVENT AN ILLEGAL ADVANCE IN RATES.
What to read after Shippers And Carriers of Interstate Freight?
You can find similar books in the "Read Also" column, or choose other free books by Edgar Watkins to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Which view^ is the correct one, it is impossible to decide from the evidence submitted. There is, however, a conclusive w'ay, and it seems to me it is the only one, by which this controversy can be settled, and that is by experiment. A reduction of rail- road charges is not always followed by a reduction of either gross or net income. It can soon be settled w^hieh is right — the rail- road company's officers or the railroad commission — in their view of the effect of the commission's tariff of ...rates, by allowing the tariff to go into operation. If it turns out that the views of the railroad company are correct, and that the schedule fixed by the commission is too low to afford a fair return upon the value of the road, the remedy is plain ; for the law makes it the duty of the commissioners 'from time to time, and as often as circumstances may require, to change and revise said sche- dules. ' " '"Tilley v. Eailroad Co. , 5 Fed. 641, 662, 4 Woods 427.
CHAPTER VI.
POWER OF THE COURTS OF THE UNITED STATES TO PREVENT AN ILLEGAL ADVANCE IN RATES.
What to read after Shippers And Carriers of Interstate Freight?
You can find similar books in the "Read Also" column, or choose other free books by Edgar Watkins to read onlineMoreLess
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