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(Sec. 15a-Recapture Clause-I. C. Act)
(Sec. 15a-Rule of Rate Making-I. C. Act)
(Sec. 19a-Valuations—I. C. Act)

BEFORE

H. R. 7116 and 7117

TO AMEND SECTION 15a OF THE INTERSTATE COMMERCE ACT, AND
FOR OTHER PURPOSES

JANUARY 19, 20, 21, 22, 26, 27, 28, 29, and FEBRUARY 2, 3, 4, 5, 9, 10, 11, and
12, 1932

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RAILROAD LEGISLATION

TUESDAY, JANUARY 19, 1932

HOUSE OF REPRESENTATIVES,
COMMITTEE ON INTERSTATE AND FOREIGN COMMERCE,

Washington, D. C.

The committee met at 10 o'clock a. m., Hon. Sam Rayburn, chairman, presiding.

The CHAIRMAN. The committee will come to order.

It is our purpose from now on to start promptly at the hour at which the committee is called.

We announced this hearing on 15a. The Interstate Commerce Commission has several recommendations in its last annual report, some of which have been made in several of their reports heretofore. The committee is going to try to take these recommendations up. There are 19 recommendations and we will take the more important ones and go through them as fast as we can, with this end in view, that the Congress and the Interstate Commerce Commission, the railroads and the shippers, all may know what to expect from this session of Congress at as early a date as possible.

The first recommendation I see made is for a revision of 15a, one of the much debated sections of the transportation act of 1920.

We hope to go through this section thoroughly with witnesses that we hope can develop the facts and put the whole situation before us, so that when we, in executive session, begin to rewrite this section, we can do it with as much a degree of intelligence as ssible.

STATEMENT OF HON. JOSEPH B. EASTMAN, COMMISSIONER, INTERSTATE COMMERCE COMMISSION

The CHAIRMAN. We have Mr. Eastman with us this morning, as a representative of the Interstate Commerce Commission, and Mr. Commissioner, we desire to give you such time as you desire to take, and if you desire to make a statement without interruption the chairman will attempt to protect you in that, which no chairman of this committee has ever been able to carry out, but we should like for you to proceed as you think best, in order to present your views, or the views of the commission to this committee.

Colonel Тном. May I ask, Mr. Chairman, if the plans of the committee are sufficiently mature to enable you to say what the sessions of the committee will be? I ask that because we would like to know as to what days you will sit and how you will pursue the inquiry. And further, because of certain matters pending in the Senate, which we desire to attend and we would like to avoid conflict, if

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