Jump to content
Main menu
Main menu
move to sidebar
hide
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Special pages
Niidae Wiki
Search
Search
Appearance
Create account
Log in
Personal tools
Create account
Log in
Pages for logged out editors
learn more
Contributions
Talk
Editing
Elkins Act
(section)
Page
Discussion
English
Read
Edit
View history
Tools
Tools
move to sidebar
hide
Actions
Read
Edit
View history
General
What links here
Related changes
Page information
Appearance
move to sidebar
hide
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
==Purpose== The ICC had been unable to protect competition and fair pricing. Section 2 of the Interstate Commerce Act prohibits a carrier from offering preferential prices or rebates; however, enforcement of this section was ineffective. Powerful trusts would pay the standard shipping price, but demand a rebate from the carrier. Court cases brought before the commission generally did not result in punitive action, as the ICC was composed primarily of railroad interests.<ref>Scribner, Marc. "Slow Train Coming? Misguided Economic Regulation of U.S. Railroads, Then and Now." Competitive Enterprise Institute. 2013.</ref> Carriers found guilty of price discrimination, moreover, could appeal the ICC decision to federal courts, delaying punishment for years.<ref>Jones, Eliot. Principles of Railway Transportation (New York: Macmillan, 1924), p. 234.</ref> The Elkins Act was named for its sponsor, Senator [[Stephen B. Elkins]] of [[West Virginia]], who introduced a bill in 1902 at the behest of the [[Pennsylvania Railroad]].<ref>{{cite web |url=http://www.theodorerooseveltcenter.org/en/Learn-About-TR/TR-Encyclopedia/Capitalism-and-Labor/The-Elkins-Act.aspx |title=Elkins Act |author=<!--Staff writer(s); no by-line.--> |website=TR Encyclopedia |publisher=Theodore Roosevelt Center, Dickinson State University |location=Dickinson, ND |access-date=2014-04-18 |archive-url=https://web.archive.org/web/20140419221733/http://www.theodorerooseveltcenter.org/en/Learn-About-TR/TR-Encyclopedia/Capitalism-and-Labor/The-Elkins-Act.aspx |archive-date=2014-04-19 |url-status=dead }}</ref> The law was passed by the [[57th United States Congress|57th Congress]] and signed by President Roosevelt on February 19, 1903. The Act made it a [[misdemeanor]] for a carrier to impose preferential rebates, and implicated both the carrier and the recipient of the low price. The Act also abolished imprisonment as a punishment for breaching the law, so a violator could only be fined.<ref>Elkins Act, "An Act to Further Regulate Commerce with Foreign Nations and Among the States." [[57th United States Congress|57th Congress]], Sess. 2, ch. 708, {{USStat|32|847}}; 1903-02-19.</ref> By reducing the severity of punishment, legislators hoped to encourage firms to testify against each other, and promote stricter enforcement of the law.<ref>Chicago, E. P. (1903 Mar 19). βThe Elkins Act." ''The Washington Post'' (1877-1922).</ref>
Summary:
Please note that all contributions to Niidae Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Encyclopedia:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Search
Search
Editing
Elkins Act
(section)
Add topic