The Mother of Trusts: Railroads and Their Relation to "the Man with the Plow"

Εξώφυλλο
Hudson-Kimberly Publishing Company, 1899 - 262 σελίδες
 

Επιλεγμένες σελίδες

Άλλες εκδόσεις - Προβολή όλων

Συχνά εμφανιζόμενοι όροι και φράσεις

Δημοφιλή αποσπάσματα

Σελίδα 140 - ... the original cost of construction, the probable earning capacity of the property under particular rates prescribed by statute and the sum required to meet operating expenses, are all matters for consideration, and are to be given such weight as may be just and right in each case.
Σελίδα 166 - ... a power reserved to the legislature to alter, amend or repeal a charter authorizes it to make any alteration or amendment of a charter granted subject to it, which will not defeat or substantially impair the object of the grant, or any rights vested under it, and which the legislature may deem necessary to secure either that object or any public right.
Σελίδα 168 - The discretion of a judge is the law of tyrants : it is always unknown ; it is different in different men ; it is casual, and depends upon constitution, temper, and passion. In the best, it is oftentimes caprice ; in the worst it is every vice, folly, and passion, to which human nature is liable.'*- — Lord Camden.
Σελίδα 140 - And, in order to ascertain that value, the original cost of construction, the amount expended in permanent improvements, the amount and market value of its bonds and stock, the present as compared with the original cost of construction, the probable earning capacity of the property under particular rates prescribed by statute, and the sum required to meet operating expenses...
Σελίδα 167 - Waite, has said that, while a state has power to fix the charges by railroad companies for the transportation of persons and property within its own jurisdiction, unless restrained by valid contract, or unless what is done amounts to a regulation of foreign or interstate commerce...
Σελίδα 137 - The state cannot Justify unreasonably low rates for domestic transportation, considered alone, upon the ground that the carrier is earning large profits on its interstate business, over which, so far as rates are concerned, the state has no control. Nor can the carrier justify unreasonably high rates on domestic business upon the ground that It will be able only in that way to meet losses on its interstate business.
Σελίδα 256 - COIN'S FINANCIAL SCHOOL is the title of a book, published during the hard times of 1894, that sought to convert its readers to bimetallism, or specifically the free and unlimited coinage of silver at a ratio of 16 to 1 in relation to gold.
Σελίδα 17 - A large part of the business at the present time is transacted upon illegal rates. Indeed, so general has this rule become that in certain quarters the exaction of the published rate is the exception.
Σελίδα 166 - States upon the impairment of the obligation of contracts, or the deprivation of property without due process or of the equal protection of the laws, by the States, are not violated by the legitimate exercise of legislative power in securing the public safety, health, and morals. The governmental power of self-protection cannot be contracted away, nor can the exercise of rights granted, nor the use of property, be withdrawn from the implied liability to governmental regulation in particulars essential...
Σελίδα 133 - The decision of the United States Supreme Court in what is known as the Nebraska Maximum Rate Case, which was rendered on March 7th, 1898, promises to be of the greatest value to the railways of the country, in the Western and Southern States.

Πληροφορίες βιβλιογραφίας