Word: rates
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Dates: during 1920-1929
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...Senator Smith of South Carolina was really elected by the radical group. Their backing of him was largely due to the fact that he opposed the rate-making section (Section 15-A) of the Esch-Cummins Transportation Act. That effort won the commendation of LaFollette. Otherwise Senator Smith is not known as especially radical. His place in the Senate, which he has held since 1908, came about largely from his extensive part in organizing the Southern Cotton Association. He is a cotton Senator, a fighter of the boll weevil. Despite his husky voice, he is comparatively mild mannered...
...provision of the act in question was the so-called "recapture" clause. By this clause the Interstate Commerce Commission, after fixing freight rates and a fair rate of return on the assessed valuation of each road, may "recapture" one-half of the earnings of any road which exceed such a "fair return." The rate of a fair return has been fixed by the Commission at 5.75% per annum. The moneys received by the Government under this provision of the Act are placed in a fund from which loans are made and equipment leased to railways, the purpose being to bolster...
...case was brought by the Dayton-Goose Creek Railway Co., a small road operating in Texas. It reported to the Commission that in ten months of 1920 its profits were $21,666 more than the "fair rate" and that in twelve months of 1921 its profits were $33,766 in excess. The Commission asked the road to remit one-half of these amounts. The railway asked for an injunction to prevent this capture of part of its profits, on the grounds that the "recapture" clause was unconstitutional. The Federal Court for the Eastern District of Texas denied the petition...
...does only a few things and he always does them in the same way. That he usually manages to give them an original tang is high tribute to his unexcelled craftsmanship. In this book most of the old situations reassert themselves a little over-assiduously. There is the second-rate theatrical troupe an'd its provincial lodging houses. There is poverty-stricken Virtue roaming the London streets for chapters in search of shelter and employment. There is sentiment, barrels of it, verging narrowly on the sugary. But there is more than the usual amount of intense drama. The strong...
...which made things interesting when the missing Gemma turned up again seven years later as Lady Wargrave, widow of one baronet, mother of another. The verdict of murder still stood against her, in spite of looks, money, title. Mr. J. S. Fletcher turns out mystery stories at a dizzy rate, all of them ingenious, skillfully constructed, plausible. This one is no exception...