Word: excessive
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Dates: during 1920-1929
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...motor world today. In 1925, the Fisher Body Corporation built more than half the automobile bodies for cars having a base price in excess of $500. (Seventeen years ago this firm was housed in one small building.) President William A. Fisher: "Our tremendous business has resulted in achievements it would otherwise have been impossible to attain...
...save tires, declaring that, without decreasing the use of automobiles, by patching and proper use of tires it would be possible to decrease the U. S. consumption of rubber 25% and partly protect the country from a loss of $700,000,000 a year in excess profits being taken by foreign rubber producers...
...three years voluntary consolidations of railways are invited. The Interstate Commerce Commission would have the power to approve or reject such mergers. During this three-year period any railway which earns more than 6% on its valuation may place half the excess in a reserve fund, and must give the remaining half to the Government for distribution pro rata among railways which have earned less than...
...limited number of competitive systems, the Commission shall devise a plan for such consolidation, and carriers with the aid of the Commission can acquire the property of other carriers by condemnation proceedings. Until the plan of the Commission is completed, all railways not consolidated must give all earnings in excess of 6% to the Government for distribution pro rata among the roads which earn less than...
...After any consolidation is completed, the members of the consolidated system shall not be subject to Government recapture of their earnings in excess...