Word: icc
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When India announced in January that it was upgrading its diplomatic relations with North Viet Nam from consular to ambassadorial level, without doing as much for South Viet Nam, Saigon vented its anger on the International Control Commission.* The new Indian head of the ICC, Dr. L.N. Ray, was barred by the Thieu regime from entering the country, and all Indian members of the commission were advised that their visas would not be renewed as of Sept...
...Government also has bled money from the railroads. Under Section 22 of the Interstate Commerce Act, passed in 1887, railroads have been pressed into hauling Government freight free or at reduced rates. That hurts because the Government is now the railroads' largest customer. Through the ICC, the Government has further sanctioned an impossibly complicated railroad rate structure. The ice maintains an unindexed file of 43 trillion different rates on varying weights of varying commodities moving varying distances. The general level of rates is both too high and too low: too high to prevent traffic from fleeing to competing carriers...
...Commission, the Civil Aeronautics Board and the Interstate Commerce Commission were singled out for making some progress in civil rights enforcement. Plans for formal proceedings that may result in a rule against discrimination in employment by the transportation industry are currently being worked on at the CAB and the ICC; the SEC has agreed to require disclosure of pending civil rights actions against a company seeking registration with that agency...
Since the Penn Central Railroad went bankrupt last June, Government investigators have been sifting through the wreckage to determine what part mismanagement played in the collapse. The Interstate Commerce Commission last week charged that the company violated ICC regulations by claiming as ae business expense the premiums an $10 million worth of insurance protecting directors and key officers against liability for wrongdoing. This week an official staff study by Wright Patman's House Banking and Currency Committee accused top officials of the railroad of using their corporate connections to line their own pockets-with the help of Manhattan...
...fact that the ICC has always been pitifully under-financed and under-staffed, and the fact that its reports and recommendations often go unheeded are evidence that the sponsoring powers have no intention of giving up their reasonable options to colonize Laos...