The Proposed Radical Railway Legislation An Address Delivered Before the Facult

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The Proposed Radical Railway Legislation An Address Delivered Before the Facult
H T Harry Turner Newcomb
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Is it in the nature of things that the relations of locality and of partisanship should have no influence upon the result? If it shall come to pass that the favor of the Inter- state Commerce Commission is of great value to communi- 25 ties competing for industrial success, how long will it be before those interested will make its control the especial object of political controversy? This is precisely what has happened in most of the States which have had rate-making commissions long enough for
... an effective test.
A RIGID SYSTEM.
It is, of course, obvious that the creation of a government rate-making body would constitute a threat of interference which would give pause to the activities of the railway officers now engaged in making those daily adjustments of rates to changing conditions which have been one of the incidents of our commercial progress and that no commis- sion could possibly move fast enough to make those adjust- ments. The question is raised, therefore, whether such elasticity in rate-making as now exists is or is not, desirable.


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