The Problem of Railroad Valuation

Archive Report

In the case of the O'Fallen & St. Louis Railroad Co. v. the Interstate Commerce Commission, scheduled for argument at Kansas City, beginning October 5, fundamental issues raised in the long process of railway valuation will be placed before the federal courts for final decision. The case is one of leading importance to the railroads and the public, for it involves the legality of the methods followed by the Interstate Commerce Commission in its task of valuing all the railroads of the United States for rate making purposes, and if decided in favor of the O'Fallon may pave the way for huge increases in railroad rates.

The case arises out of an order issued by the Interstate Commerce Commission, February 15, 1927, directing the O'Fallon ...

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