Court of Commerce Railroad Rates Etc Author:United States Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: COURT OF COMMERCE, RAILROAD RATES, ETC. Committee On Interstate Commerce, United States Senate, Washintgon, D. C., Thursday, February 3, 1910. The commi... more »ttee met at 10 o'clock a. m. for the purpose of considering the bill S. 5106, known as "the Elkins bill," and S. 3776, known as the "Cummins bill." Present: Senators Elkins (chairman), Kean, Nixon, Cummins, Foster, Newlands, and Taylor. The Chairman. The committee will come to order. The purpose of this meeting, I will state to the gentlemen here in attendance, is to consider the bills S. 5106 and S. 3776, together. It is printed here "the Elkins bill" and "the Cummins bill." It is not the Elkins bill. I suppose we do not want to put it as an administration bill. I know something about it, but I did not know much about when it was being prepared. I thought we would get the judgment of the committee that we should give two days of this week to those who favor this bill, or favor both bills, or favor amendments, or to those who want to discuss the two, and in discussing them, it is the judgment of the committee that they be considered together—the objections, and those in favor of both bills. I invited Mr. Lincoln to be present, and I would like to have Mr. Lincoln address himself to the bills I have indicated. Senator Newlands. Mr. Chairman, before Mr. Lincoln proceeds, I wish to say that I have pending before the committee a bill for the national incorporation of railways, with a view to providing for the incorporation of the great trunk line railways from ocean to ocean and from the Lakes to the Gulf, limiting their capitalization, or controlling, rather, their capitalization, through the Interstate Commerce Commission, providing uniform system of taxation, limiting their dividends, and providing for the insur...« less