Early Completion of River and Harbor Projects: Hearings Before a Subcommittee...on H.R. 4698. May 20 and 26, 1932

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Página 108 - States, engaged in the transportation of passengers or property wholly by railroad, or partly by railroad and partly by water, when both are used under a common control, management or arrangement, for a continuous carriage or shipment...
Página 109 - An Act to protect trade and commerce against unlawful restraints and monopolies...
Página 2 - Treasury at not less than par, under such regulations as he may prescribe, giving to all citizens of the United States an equal opportunity to subscribe therefor, but no commissions shall be allowed or paid thereon; and a sum not exceeding one-tenth of...
Página 108 - In common, or in any other manner) in any common carrier by water operated through the Panama Canal or elsewhere with which said railroad or other carrier aforesaid does or may compete for traffic...
Página 70 - Our river systems are better adapted to the needs of the people than those of any other country. In extent, distribution, navigability, and ease of use, they stand first. Yet the rivers of no other civilized country are so poorly developed, so little used, or play so small a part in the industrial life of the nation as those of the I'nited States.
Página 109 - If the Interstate Commerce Commission shall be of the opinion that any such existing specified service by water other than through the Panama Canal is being operated in the interest of the public and is of advantage to the convenience and commerce of the people...
Página 18 - Treasury be, and he is hereby, authorized to borrow, from time to time, on the credit of the United States...
Página 136 - ... with paralleling rails in which they were interested and later effected their combination through the Lake Line Association, by which they were able to and did drive all independent boats from the through lake-andrail transportation, they thereby destroyed the possibility of competition with their railroads other than such competition as they were of a mind to permit. Having disposed of real competition via the lakes, these boats are now held as a shield against possible competition of new independents.
Página 109 - States shall be permitted to enter or pass through said can ill if such ship is owned, chartered, operated, or controlled by any person or company which is doing business in violation of the provisions...
Página 12 - As long as the expenditures for public purposes are authorized by law the Treasury has the authority to raise the funds by borrowing, if necessary. The bill under consideration provides that funds are to be raised by the sale at not less than par of 20-year bonds bearing interest at a rate not exceeding 4 per cent per annum, a restriction which might place the Treasury in a position of not being able to raise the funds necessary to finance projects already under contract. The fact that the Treasury...

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