Publisher's Synopsis
Excerpt from How Should the Railroads Be Returned?: An Address by Thomas Dewitt Cuyler, Chairman, Association of Railway Executives; Delivered Before the American Academy of Social and Political Science; Witherspoon Hall, Philadelphia, October 18, 1919
This is to be a fixed statutory rule of rate-mak ing, binding alike on the Transportation Board and the Interstate Commerce Commission. It has been said by Interstate Commerce Commissioner Clark that this rule has been practically fol lowed by the Commission in the past. W e take issue with him in this statement. It cannot be the case, because, as the public well know, many of the roads have been hampered almost to the verge of bankruptcy by lack of adequate rates, and railroad credit has reached its lowest ebb. Whether in the opinion of Commissioner Clark and his associates, such a rule has been followed or not, it has not been done under any statutory provision. Under the rule proposed by the rail way executives, there could be no excuse for the Commission not giving adequate rates for all the purposes indicated.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
