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Railway Evaluation Act
The Valuation Act is a 1913 United States federal law that required the Interstate Commerce Commission (ICC) to assess the value of railroad property. This information would be used to set rates for the transport of freight. Background The act was the brainchild of ICC commissioners Charles A. Prouty and Franklin K. Lane. Its objective was the setting of fair rates for freight shipments. It was a classic piece of Progressive Era legislation designed to find a scientific basis for setting tariffs (shipping charges) by determining the correct value of each railroad's real property and assets. Members of Congress assumed that with this information, the ICC would be able to set rates according to the principle of a reasonable rate of return on the real value of each railroad and the industry as a whole. Implementation The law amended the Interstate Commerce Act of 1887 and required the ICC to organize a Bureau of Valuation in order to undertake the assessments. The ICC formulated a se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Federal Law
The law of the United States comprises many levels of codified and uncodified forms of law, of which the most important is the nation's Constitution, which prescribes the foundation of the federal government of the United States, as well as various civil liberties. The Constitution sets out the boundaries of federal law, which consists of Acts of Congress, treaties ratified by the Senate, regulations promulgated by the executive branch, and case law originating from the federal judiciary. The United States Code is the official compilation and codification of general and permanent federal statutory law. Federal law and treaties, so long as they are in accordance with the Constitution, preempt conflicting state and territorial laws in the 50 U.S. states and in the territories. However, the scope of federal preemption is limited because the scope of federal power is not universal. In the dual sovereign system of American federalism (actually tripartite because of the presence o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Interstate Commerce Act Of 1887
The Interstate Commerce Act of 1887 is a United States federal law that was designed to regulate the railroad industry, particularly its monopoly, monopolistic practices. The Act required that railroad rates be "reasonable and just," but did not empower the government to fix specific rates. It also required that railroads publicize shipping rates and prohibited short haul or long haul fare discrimination, a form of price discrimination against smaller markets, particularly farmers in Western or Southern Territory compared to the Official Eastern states. The Act created a federal regulatory agency, the Interstate Commerce Commission (ICC), which it charged with monitoring railroads to ensure that they complied with the new regulations. With the passage of the Act, the railroad industry became the first industry subject to federal regulation by a regulatory body. It was later amended to regulate other modes of transportation and commerce. Background of the act The act was pas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Progressive Era In The United States
Progressive may refer to: Politics * Progressivism, a political philosophy in support of social reform ** Progressivism in the United States, the political philosophy in the American context * Progressive realism, an American foreign policy paradigm focused on producing measurable results in pursuit of widely supported goals Political organizations * Congressional Progressive Caucus, members within the Democratic Party in the United States Congress dedicated to the advancement of progressive issues and positions * Progressive Alliance (other) * Progressive Conservative (other) * Progressive Party (other) * Progressive Unionist (other) Other uses in politics * Progressive Era, a period of reform in the United States (c. 1890–1930) * Progressive tax, a type of tax rate structure Arts, entertainment, and media Music * Progressive music, a type of music that expands stylistic boundaries outwards * "Progressive" (song), a 2009 single b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Rail Transportation In The United States
: ''This article is part of the history of rail transport by country series.'' Wooden railroads, called wagonways, were built in the United States starting from the 1720s. A railroad was reportedly used in the construction of the French fortress at Louisburg, Nova Scotia, in New France (now Canada) in 1720. Between 1762 and 1764, at the close of the French and Indian War (1756–1763), a gravity railroad ( mechanized tramway) called Montresor's Tramway was built by British military engineers up the steep riverside terrain near the Niagara River waterfall's escarpment at the Niagara Portage (which the local Senecas called ''"Crawl on All Fours."'') in Lewiston, New York. Railroads played a large role in the development of the United States from the industrial revolution in the Northeast (1810–1850) to the settlement of the West (1850–1890). The American railroad mania began with the founding of the first passenger and freight line in the nation of the Baltimore and Ohio Railr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
62nd United States Congress
The 62nd United States Congress was a meeting of the legislative branch of the United States federal government, composed of the United States Senate and the United States House of Representatives. It met in Washington, DC from March 4, 1911, to March 4, 1913, during the final two years of William H. Taft's presidency. The apportionment of seats in the House of Representatives was based on the Twelfth Census of the United States in 1900. Additional House seats were assigned to the two new states of New Mexico and Arizona. The size of the House was to be 435 starting with the new Congress coming into session in 1913. The Senate had a Republican majority, and the House had a Democratic majority. Major events * April 27, 1911: Following the resignation and death of William P. Frye, a compromise is reached to rotate the office of President pro tempore of the United States Senate. * October 30, 1912: Vice President James S. Sherman died. Major legislation * August 8, 1911: ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1913 In Rail Transport
Events January events * January 13 - Julius Kruttschnitt leaves Union Pacific Railway and succeeds Robert S. Lovett as Chairman of the Executive Committee for the Southern Pacific Railroad. February events * February 1 - New York City's Grand Central Terminal opens as the world's largest train station to date. May events * May 7 - Tracklaying begins on the Graysonia, Nashville and Ashdown Railroad (a predecessor of Kansas City Southern Railway) between Murfreesboro and Shawmut, Arkansas. June events * June 28/29 - Bever–Scuol-Tarasp railway opens in Switzerland. July events * July 2 - General Electric produces a gas-electric locomotive which is sold to the Electric Line of Minnesota as its #100 ''Dan Patch''. * July 15 - Opening of the Bern–Lötschberg–Simplon railway's Lötschberg railway line in Switzerland, including the Lötschberg Tunnel. August events * August 1 - The Alton and Southern Railroad is formed through the merger of the Alton and Southern Railroad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1913 In American Law
Events January * January 5 – First Balkan War: Battle of Lemnos – Greek admiral Pavlos Kountouriotis forces the Turkish fleet to retreat to its base within the Dardanelles, from which it will not venture for the rest of the war. * January 13 – Edward Carson founds the (first) Ulster Volunteer Force, by unifying several existing loyalist militias to resist home rule for Ireland. * January 23 – 1913 Ottoman coup d'état: Ismail Enver comes to power. * January – Stalin (whose first article using this name is published this month) travels to Vienna to carry out research. Until he leaves on February 16 the city is home simultaneously to him, Hitler, Trotsky and Tito alongside Berg, Freud and Jung and Ludwig and Paul Wittgenstein. February * February 1 – New York City's Grand Central Terminal, having been rebuilt, reopens as the world's largest railroad station. * February 3 – The 16th Amendment to the United States Constitution ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Rail Transport In The United States
History (derived ) is the systematic study and the documentation of the human activity. The time period of event before the invention of writing systems is considered prehistory. "History" is an umbrella term comprising past events as well as the memory, discovery, collection, organization, presentation, and interpretation of these events. Historians seek knowledge of the past using historical sources such as written documents, oral accounts, art and material artifacts, and ecological markers. History is not complete and still has debatable mysteries. History is also an academic discipline which uses narrative to describe, examine, question, and analyze past events, and investigate their patterns of cause and effect. Historians often debate which narrative best explains an event, as well as the significance of different causes and effects. Historians also debate the nature of history as an end in itself, as well as its usefulness to give perspective on the problems of the p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hepburn Act
The Hepburn Act is a 1906 United States federal law that expanded the jurisdiction of the Interstate Commerce Commission (ICC) and gave it the power to set maximum railroad rates. This led to the discontinuation of free passes to loyal shippers. In addition, the ICC could view the railroads' financial records, a task simplified by standardized bookkeeping systems. For any railroad that resisted, the ICC's conditions would remain in effect until the outcome of legislation said otherwise. By the Hepburn Act, the ICC's authority was extended to cover bridges, terminals, ferries, railroad sleeping cars, express companies and oil pipelines. Overview The Hepburn Act was named for its sponsor, ten-term Iowa Republican congressman William Peters Hepburn. The final version was close to what President Theodore Roosevelt had asked for, and it easily passed United States Congress, Congress, with only three dissenting votes. The Act, along with the Elkins Act of 1903, was a component of one of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Woodrow Wilson
Thomas Woodrow Wilson (December 28, 1856February 3, 1924) was an American politician and academic who served as the 28th president of the United States from 1913 to 1921. A member of the Democratic Party, Wilson served as the president of Princeton University and as the governor of New Jersey before winning the 1912 presidential election. As president, Wilson changed the nation's economic policies and led the United States into World War I in 1917. He was the leading architect of the League of Nations, and his progressive stance on foreign policy came to be known as Wilsonianism. Wilson grew up in the American South, mainly in Augusta, Georgia, during the Civil War and Reconstruction. After earning a Ph.D. in political science from Johns Hopkins University, Wilson taught at various colleges before becoming the president of Princeton University and a spokesman for progressivism in higher education. As governor of New Jersey from 1911 to 1913, Wilson broke with party bosse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Secretary Of The Interior
The United States secretary of the interior is the head of the United States Department of the Interior. The secretary and the Department of the Interior are responsible for the management and conservation of most federal land along with natural resources, leading such agencies as the Bureau of Land Management, the United States Geological Survey, Bureau of Indian Affairs and the National Park Service. The secretary also serves on and appoints the private citizens on the National Park Foundation Board. The secretary is a member of the United States Cabinet and reports to the president of the United States. The function of the U.S. Department of the Interior is different from that of the interior minister designated in many other countries. As the policies and activities of the Department of the Interior and many of its agencies have a substantial impact in the Western United States, the secretary of the interior has typically come from a western state; only one secretary since 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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