Information Quarterly Volume 1

Information Quarterly Volume 1

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1915 edition. Excerpt: $29, compared to $42 a car on all freight, including live stock. Early in Apr Clifford Thorne, representing a committee of railroad commissioners from sixteen western states, filed with Commerce Commissioner Daniels a statement in support of his request that the carriers applying for certain increased rates west of the Mississippi river be ordered to file answers to his list of 36 questions on their financial history. Mr. Thorne pointed out that he had used less than half of the questions the Commission saw fit to require the eastern carriers to answer in a similar case, and that the questions were not proposed before this because the fitting time to do so was when the carriers had rested their case. Mr. Thorne's committee consider that these questions "go to the very heart of the issues at stake." Briefs in behalf of sixty-four Western railroads, who had petitioned for increases in freight rates were filed before the Interstate Commerce Commission in Washington June 9. The carriers in their brief reviewed the evidence presented to the Commission at the lengthy public hearing concluded in Chicago May 13, and suggested the Commission make the findings: "That transportation costs are higher, while the net return to the railroads from transportation service has materially decreased since 1910. "That notwithstanding the investment of large amounts in additions and betterments of roadway and equipment for the purpose of greater efficiency, the carr1ers have not Deen able to overcome the steadily increasing cost of service, but are facing a constantly decl1ning net rate of return from operating revenue. "That the operating expenses, including taxes and hire of equipment, have increased more rap1dly than the operating...
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Product details

  • Paperback | 658 pages
  • 189 x 246 x 34mm | 1,157g
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236537165
  • 9781236537164