How the Inter-State Commerce Act worked in practice, and what it meant for railways, capital, and the public
This concise work examines how the Inter-State Commerce Act was applied and what changes it produced in railway policy, rates, and public welfare. It argues for practical, conservative reforms and emphasizes the need to balance private interests with the common good.
The author outlines how capital and transportation interact, why low rates matter for growth, and how public and private responsibilities can align. It also defends the role of transportation companies as common carriers and discusses the consequences of policy decisions on farmers, miners, manufacturers, and consumers.
- Learn how railways and canals fitted into national plans for cheaper, more reliable transportation.
- See why market efficiency, fair rates, and secure investments matter to both producers and users.
- Discover key arguments about the limits of regulation, the duties of common carriers, and the need for coherent, nationwide policy.
- Understand debates over who should bear costs and how reforms might harmonize state and federal laws.
Ideal for readers of policy history and those seeking a clear, accessible look at late 19th?century transport law and its practical outcomes.
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Seller: Forgotten Books, London, United Kingdom
Paperback. Condition: New. Print on Demand. This book explores the origins and multifaceted effects of the Interstate Commerce Act, a law born out of the rapid growth of rail transportation in the post-Civil War era. The author argues that its passage was primarily influenced by the complaints of shippers who alleged that railroads were abusing their dominance by overcharging and discriminating between customers. However, the author contends that the law, in its attempt to address these concerns, overreached and placed excessive control over the railroads in the hands of government commissioners, leading to unintended consequences and inefficiencies. The author concludes that the Act's legacy is one of good intentions with mixed results and that it serves as a cautionary tale about the government's role in regulating complex industries. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781334474798_0
Quantity: Over 20 available
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781334474798
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781334474798
Quantity: 15 available