 | United States. Interstate Commerce Commission - 1927 - 912 lapas
...predicated upon the values found are to continue in effect. "An honest and intelligent forecast for probable future values made upon a view of all the relevant circumstances is essential." 8. W. Bett Teleph. Co. v. Pul. Sen. Comm., 262 US 267, 288. The use of a purely mechanical... | |
 | National Tax Association - 1922 - 622 lapas
...without giving consideration to the cost of labor, supplies, etc., at the time the investigation is made. An honest and intelligent forecast of probable future...made upon a view of all the relevant circumstances, is essential. If the highly important element of present co^ts i» wholly disregarded, such a forecast... | |
 | Nebraska. State Railway Commission - 1923 - 524 lapas
...the development of this company. As the learned justice remarks in the Missouri case Just referred to "An honest and intelligent forecast of probable future...made upon a view of all the relevant circumstances, is essential." This would indicate that the court had in mind a reasonably permanent level, eliminating... | |
 | United States. Supreme Court - 1923 - 872 lapas
...without giving consideration to the cost of labor, supplies, etc., at the time the investigation is made. An honest and intelligent forecast of probable future...made upon a view of all the relevant circumstances, is essential. If the highly important element of present costs is wholly disregarded such a forecast... | |
 | New York (State) - 1924 - 816 lapas
...without giving consideration to the cost of labor, supplies, etc., at the time the investigation is made. An honest and intelligent forecast of probable future...made upon a view of all the relevant circumstances, is essential. If the highly important element of present costs Transit Commission [Vol. 30] is wholly... | |
 | 1924 - 1180 lapas
...without giving consideration to the cost of labor, supplies, etc., at the time the investigation is made. An honest and intelligent forecast of probable future...made upon a view of all the relevant circumstances, is essential. The decision was heralded by the companies as a positive confirmation by the court that... | |
 | Charles Kellogg Burdick - 1924 - 772 lapas
...without giving consideration to the cost of labor, supplies, &c., at the time the investigation is made. An honest and intelligent forecast of probable future...made upon a view of all the relevant circumstances, is essential. If the highly important element of present costs is wholly disregarded such a forecast... | |
 | 1924 - 1284 lapas
...without giving consideration to the cost of labor, supplies, etc., at the time the investigation is made. An honest and intelligent forecast of probable future...made upon a view of all the relevant circumstances, is essential. If the highly important element of present costs is wholly disregarded such a forecast... | |
 | American Telephone and Telegraph Company. Bureau of Commission Research. Legal Dept - 1924 - 1014 lapas
...development of this company. As the learned justice remarks in the Missouri case just referred to, "An honest and intelligent forecast of probable future...made upon a view of all the relevant circumstances, is essential." This would indicate that the court had in mind a reasonably permanent level, eliminating... | |
 | Henry Clifford Spurr - 1924 - 840 lapas
...cnse.101 In view of the fact that the Supreme Court has declared that in determining the rate base an honest and intelligent forecast of probable future...made upon a view of all the relevant circumstances is essential,108 it may be of importance to consider trend unit prices in ascertaining reproduction... | |
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It is impossible to ascertain what will amount to a fair return upon properties devoted to public service without giving consideration to the cost of labor, supplies, etc., at the time the investigation is made. An honest and intelligent forecast of probable... 
