Retraining of Displaced Workers: Hearing Before the Subcommittee on Economic Stabilization of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, Ninety-eighth Congress, Second Session, July 31, 1984

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Stranica 139 - ... foster sound economic conditions In transportation and among the several carriers; to encourage the establishment and maintenance of reasonable charges for transportation services, without unjust discriminations, undue preferences or advantages, or unfair or destructive competitive practices ; to cooperate with the several States and the duly authorized officials thereof; and to encourage fair wages and equitable working conditions; all to the end of developing, coordinating, and preserving a...
Stranica 120 - Here are our facts and figures, here is our property, here our cost of production; now you tell us what we have the right to do and what prices we have the right to charge.
Stranica 120 - Courts, is, or can be made of great use to the railroads. It satisfies the popular clamor for a government supervision of railroads, at the same time that that supervision is almost entirely nominal. Further, the older such a commission gets to be, the more inclined it will be found to take the business and railroad view of things. It thus becomes a sort of barrier between the railroad corporations and the people and a sort of protection against hasty and crude legislation hostile to railroad interests.
Stranica 139 - Act, so administered as to recognize and preserve the inherent advantages of each; to promote safe, adequate, economical and efficient service and foster sound economic conditions in transportation and among the several carriers; to encourage the establishment and maintenance of reasonable charges for transportation services without unjust discriminations, undue preferences or advantages, or unfair or destructive competitive practices; to cooperate with the several States and the duly authorized...
Stranica 120 - My impression would be that looking at the matter from a railroad point of view exclusively it would not be a wise thing to undertake. . . . The attempt would not be likely to succeed; if it did not succeed, and were made on the ground of...
Stranica 141 - Before the Subcomm. on Antitrust and Monopoly of the Senate Comm. on the Judiciary, 90th Cong. 2d Sess. 714-18 (1968). 37. See pp. 7-9 supra. 38. The term "economic loss...
Stranica 196 - While the wholesale price index was falling an average of 0.9 percent annually from 1951 to 1955, the price index for steel was rising an average of 4.8 percent per year. From 1955 to 1958, steel prices were increasing 7.1 percent annually, or almost three times as fast as wholesale prices generally. No other major sector shows a similar...
Stranica 118 - Where the firms are in a cartel, they are more inclined to concede the workers higher wages than in a state of free competition, because they find it easier to pass the increased costs on to their customers by charging higher prices. The workers will therefore, generally speaking, find it easier to impose higher wages upon organized firms, and it is in their power, at least if they can form strong trades unions, to demand wages increasing with the cartel's prices, ie, a "sliding wage-scale.
Stranica 120 - I would be very glad if we knew exactly where we stand, if we could be freed from danger, trouble, and criticism by the public, and if we had some place where we could go, to a responsible governmental authority, and say to them, " Here are our facts and figures, here is our property, here our cost of production; now you tell...
Stranica 125 - Hearings before the Subcomm. on Administrative Practice and Procedure of the Senate Comm. on the Judiciary, 85th Cong., 1st Sess., pt 3 at 1158 (1954) : We must dismiss (organized crime cases) because key witnesses or informants suffer 'accidents' and turn up ... in a river wearing concrete boots.

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