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Freight Rates

Smith, Addison R.

Freight Rates

Excerpt from Freight Rates: Southern Territory

As the author of the treatise on "Freight Rates: Southern Territory" was preparing his work on that subject in the spring of 1914, the Interstate Commerce Commission announced its decision in regard to the petitions of the carriers in this territory for authority to violate the provisions in the fourth section of the Act to Regulate Commerce, the so-called "long-and-short-haul clause." In some cases these petitions were denied and in other cases they were allowed, involving to some extent the rates to every community in this territory.

The importance of this decision may be seen from the fact that while the Commission has already granted the carriers a six months extension of time (until April 1, 1915)to comply with its order in this case, it is stated by well-informed persons that it will be impossible to complete the work by that time and a further extension from that date will be necessary.

For these reasons it has been deemed advisable to treat the rate adjustments employed in this territory as they exist rather than to attempt to forecast the ultimate results of compliance with the order, and a due allowance should be made for discrepancies between the basis given in this work and such new rates as may be published in the future.

It is not anticipated, however, that the value of this treatise will be affected to a great extent until the order of the Commission has been fully complied with.

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ISBN 9781331955214
Sprache eng
Cover Kartonierter Einband (Kt)
Verlag Forgotten Books
Jahr 2015

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