New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-01-09


Other.
sccop second makes the duty Of all railroads to re-
cciye freight proper condition. ana 70 iorwnro
the same with security and celebrity the charges 70 DO
bie and 10 to exceed the amount allowed
by the laws Of Congress
Section third prohibits discrimination when 'ne
freight presented is LEES than one carload either oy ad
| dition deduction drawback, rebate commission or
otherwise or preference in accommodation or shpue
| cxcept bV priority OF contract
socton fourth declares that they shall receive aud
trausport freight for connecting lines without giving
undue preference and at reasonable rate not eAcee
| ing the amount fixed by law OF Congress.
Section Hfth forbids combinations OF competing INES,
spch M poolinc as 10 the charged No officer,
agent or director such railway shall act In ike capac
ty for any other railroad competing unless ~ agents
for con tracts requiring the consecutive service OF DOM
lines or general agent for the sale OF tickets such com
binaops are declared void money paid Hereunder
NAV be recovered at any time within 10 years therc
after together with penalty OF Is per cent OF the
amount by the person paying the same provided that
this shall not he construed to prohibit contracts between
| railways whereby contributes to the line OF the
transportation of freight or passenger or
prohibit agency for the transaction OF such
| business
Section sixth rmakes it unlawful for any railway its
own account engage in the business OF running or
Transporting fuel lumber, other article OF
commerce when offered for by others, or
TO be interested in tho beyond claim for freight
and charges neither shall they exclusive contracts
| for the transportation of such articles
Section seventh forbds any director or officer from
being stakeholder In freight lines doing business over
the road which he employed, or from being in
erested in the net earnings except stakeholder or
the road which they operate The road Is
also made Irresponsible for the safety OF freight left with
t transportation and il loss accrues the road on
which 10 occurs shall be responsible 10 the road Win
| which It was first left
Section eighth fixes the rate for the transportation OF
wheat corn oats barley, rye potatoes -four, meal and
live threefouths the rates existing on the LIST
| OF August, 1879
Section ninth imposes penalties for violation OF the
| provisions OF the bill
Section tenth provides for the appointment OF seven
| Commissioners, each from Massachusetts, New
| York. Virginia Iowa, Minnesota and California, with
| duties and powers as follows:
To take oath that they will faithfully and mpartsly
discharge duties that they will not either directly
or indirectly during their term Of oce accept any gr
| railway officer stakeholder thereof they sna
be designated by the Massachusetts, Commissioner and
organize by eeetng President ana apPoihti ad
ministers oatbs 'hey and sh" sumon and compel
the attendance and answers OF witnesses with
any United States Marshal fully Commissioner
of United states Court enjoys these powers they may
and verify the books and accounts OF railways as
far Deedfu and and the presiding officer may
DIES gnate members TO make investigation
and report TO the Board touching railways WITHIN the
scope OF their duties they shall ascertain az soon az
| possible the amount OF original and present capital
stock Of each railway in the United States, how much
thereof paid for in money and how much otherwise
issued how much Government aid in lands money. or
other has received from municipal corpora
tons individuals otherwise than by subscription TO
stock and oans the amount OF bonded Indebtedness and
OF actually realized the issue or such bonds
amount OF floating debt the nominal cost OF the railway
and actual cost in money expended for construction
and equipment, the present extent ana value
OF property and outstanding liabilities thereof
gross income expenditures and extent OF busl-
ness, classified according TO the various articles
nuay for period OF five last past. or so long as
the road has been operated within that period together
with ITS tariff OF charges prevailing IN that PERIOD and
| such other facts shall tend to show the actual
condition. real value and system of management of said
roads: they shall ascertain and report what in their
| Judgment, considering the situation and extent OF
| business OF each railway and the country
| tributary, viii be reasonable and just max
mum tariff the principal articles of Interstate
and foreign commerce. ana for passengers and parcu
lary on articles OF food each member shall receive
in performance OF duties, all bills to be audited and al
lowed by the Secretary OF the Treasury the Secretary
shall receive reasonable compensation TO be allowed
by the Board and approved by the Secretary OF the
be assigned by the Secretary OF the Treasury, and
they shall keep there record OF all transactions, and
shall report TO Congress at the next session the
made, and shall make fun report soon as possible
II shall unlawful for any Judge OF any court Of the
United States or clerk of such court any member OF
Congress- OF any executive officer of the United States
appointed by with the advice and OF the
Senate 10 passes free tickets any railway and
any officer issuing such passes shall he guilty Of mis-
deue amor and he punished provided in Of
dcmeanor.