The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-01-17
ON
REFORM IN. RATES
National Board Of Trade Adopts
Resolution Favoring Legis-
lation Fair to ALI.

Washington, Jan. 17.-At today,'s
session Of the National Board Of Trade
the committee on interstate commerce
law presented it's report, which Chair,
man Coates Of Philadelphia declared
to be a compromise. 1t was stated that
some of the members OF the committee
were opposed to any governmental IN
reference with the railroads In the
matter of rate-making, while other mem
bers were in favor of more drastic legls-
lation than that proposed by the reso-
luton. Others, the chairman said, be-
lieved in giving to the interstate COM
merce commission original rate maklng
instead of giving the courts original
jurisdiction of the question OF the rea-
condolences of rates, as proposed IN the
resolution. IL
/ Compromise Report.
After a general discussion, in which
these several views were expressed, the
following compromise report was adopt
ed by large majority: \
s'trhe National Board of Trade, be-
lieving that the interests of the people
demand not only that the rates OF
transportation should be reasonable, and
that there shall be no unjust dlscrlml-
nations or preferences, but also that
there shall be effective governmental
tation agencies, expresses the earnest
hope that congress will, in its wisdom,
and as speedily as possible, enact such
further legislation as may be necessary,
with Justice to all concerned, to secure
prompt and complete correction Of any
abuses in transportation methods OF
operations which may, upon due inquiry
be found to exist, and to that end that
rebates and personal Determinations, IN
Iuh feuar form thew NAV OcoIlr and DV
whatever device they may: be accom-
plished, be prohibited, the corporations
and individuals who in any manner
participate in them be subjected tc
severe penalties, and the most effec
tive machinery practicable be provided
for their =. detection and punishment;
also believing that the government
public, including the purchaser! Of
/ transportation as we'll as the carriers
possess means to prevent the naming
| Of excessive rates in the schedules, II
! is recommended that whenever United
States court Of competent jurisdiction
upon complaint of the interstate com
merce commission (Which scomplain1
shall be given precedeence), shall have
determined that an existing rate is ex
cessive. the commission, or some othe.
competent authority, be given power
to compel the substitution of a reason
able maximum rate, such rate to &
into effect within reasonable tim
and to remain in force for such period
not longer than one year, as may be &c
termined, the rate to be fixed to b.
subject to revision in the proper fedora
court upon proof that such. rate IS les
than reasonable compensation. = d
Insurance Control. 49,
Chairman Biddle of Philadelphia
made a majority report from the com
mittee on federal control Of Interstate
insurance, favoring such action by con
gress AS will bring: interstate insurance
under national, supervision.
Mr.. <Hamiin Of Boston presented.
minority report opposing the majority
ports5principally on the, ground tina
4 the courts had repeatedly, held tina
i interstate insurance was not interstat
commerce, and hence could not b
reached by congress except thru a,
amendment to the constitution. TIL
minority report was adopted. 49,: -.