Items related to Proposed Solutions of the Railway Rate Problem: A Paper...

Proposed Solutions of the Railway Rate Problem: A Paper Presented at the Fifty-Ninth Annual Meeting of the American Association for the Advancement of ... at New Orleans, Louisiana, on December 30, 1 - Softcover

Harry Turner Newcomb

 
9781331916062: Proposed Solutions of the Railway Rate Problem: A Paper Presented at the Fifty-Ninth Annual Meeting of the American Association for the Advancement of ... at New Orleans, Louisiana, on December 30, 1

Synopsis

This book examines the debate over the regulation of railway rates in the United States in the late 19th and early 20th centuries. The author argues that the existing legal framework, which relied on judicial enforcement of statutes and the work of the Interstate Commerce Commission, was adequate to address concerns about excessive or discriminatory rates. The author critiques proposals to establish a "deputy legislature" with the power to set rates, arguing that such a body would be unaccountable to the public, would stifle competition, and would be subject to political manipulation. The book provides a valuable historical perspective on the ongoing debate over the role of government in regulating the transportation industry and offers insights into the complex relationship between law, economics, and politics in American society.

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