The heart of the railroad problem: The history of railway discrimination in the United States, the chief efforts at control and the remedies proposed, with hints from other countriesParsons, Frank
History
The heart of the railroad problem: The history of railway discrimination in the United States, the chief efforts at control and the remedies proposed, with hints from other countries
Parsons, Frank
Railroads -- Freight -- Rates -- United States; Railroads and state -- United States
The United States Supreme Court held in the Trans-Missouri Case, March
22, 1897, and the Joint Traffic Association Case, Oct. 24, 1898, that
railroads cannot lawfully agree on rates to competitive points. But no
law or decision can well prevent railroad managers from meeting and
coming to an understanding that they will adopt the same rates to such
points. No contract in restraint of trade or to limit competition is
necessary,—if each railroad publishes the same rates between
“competitive” points and maintains them, competition as to rates is
killed as effectually as if there were a pool or a traffic association
with a written agreement.
Footnote 394:
Sen. Com. 1905, pp. 2923, 3338.
Footnote 395:
Sen. Com. 1905, p. 3482.
Footnote 396:
_Ibid._, pp. 3485, 3486. The railroad managers decided to notify
offending railroads that unless rates were restored, the lowest cut
rates that had been made by any line would be adopted by all, to
punish the rebaters and stop them from getting business thereby. At a
meeting July 26, 1882, 30 railroads being represented, a resolution
was unanimously adopted, directing agents at connecting points to
examine waybills, and when rates were found to have been cut, to hold
the freight at the expense of the initial line until the waybills had
been corrected.
Footnote 397:
Sen. Com. 1905, p. 1908, and index, “Rate-Making.”
Footnote 398:
The Senate is too full of men interested in railroads in one way or
another to make it easy to pass any measure that might seriously
affect either the power or the profits of the roads.
Footnote 399:
Public-domain text, read in full here on John Shaqi.
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