Word: haves
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Dates: during 1920-1929
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"I make no claim to be the legal adviser of Mr. Hoover. I have done professional work for him, but it was of no great importance. I resent the implication that I am Mr. Hoover's closest legal friend. . . . My relations with Mr. Hoover have been very pleasant. . . . I...
"Mr. Hoover owes to the country a direct, definite and positive declaration on this subject. . . . Mr. Shattuck's denial by no means disposes of the matter. . . . A great many people will accept the evidence as proving that the President has been participating in the secret conspiracy against the interests...
Were not the I. C. C. a serious-minded body its Plan might have been entitled: "How to divide 250,000 miles of railroad into 19 systems and juggle them all into the air at once." The Commission had drawn up a set of instructions for this breathtaking feat, but...
The Plan. The Transportation Act of 1920 which returned U. S. railroads from the Government to their owners ordered the Commission to prepare a nation-wide plan for consolidation. The carriers were then weak and shaky after Federal operation. It was argued that consolidation would link the strong with the...
Significance. Heretofore the I. C. C., by rejecting merger proposals, has been telling carriers how they might not consolidate. Its own plan serves to show roads how they now may. The Commission has no power to compel roads to merge in accordance with its plan, which it frankly states is...