...this application is filed. The commission is directed by paragraph (4) of section 5 of the act to — as soon as practicable prepare and adopt a plan for...continental United States into a limited number of systems. Until that provision is complied with we are without authority to approve consolidation " into a single...

...the Transportation Act of 1920, under Section 5 of which the Interstate Commerce Commission was to prepare and adopt a plan for the consolidation of...Continental United States into a limited number of systems. The Commission employed Prof. William Z. Ripley, of Harvard University, to prepare, under its direction,...

...equipment and other facilities to be leased to carriers. A vital feature of the law is the provision for " the consolidation of the railway properties...continental United States into a limited number of systems." This feature, which reverses the traditional anti-trust policy of the Federal Government, is made necessary...

...opinion will be in the interest of the public and that it shall find is consistent with the eventual consolidation of the railway properties of the continental United States into a limited number of systems as provided in said paragraph (4)." The question was also raised as to my position regarding the short-line...

...supplemental to any order made under paragraph (1) or (2), as it may deem necessary or appropriate. (4) The Commission shall as soon as practicable prepare and adopt a plan for the consolidation of tbe railway properties of the continental United States into a limited number of systems. In the division,...

...competing railways, but essentially in the provisions of the Act itself. This calls for the adoption of "a PLAN for the consolidation of the railway properties, of the continental United States, into a Hmited number of systems," but insists that such plan shall preserve competition "as fully as possible"...

...The transportation act of 1920 formulated a new policy towards railroad consolidation. It stated that The Commission shall as soon as practicable prepare...continental United States into a limited number of railway systems. In the division of such railways into such systems under such plan, competition shall...

...SPRING. Turning again to the section of the consolidation act which I just read to you, it contemplates "a plan for the consolidation of the railway properties...continental United States into a limited number of systems." Will you state, Mr. Harriman, wherein your system furnishes an aid in the solution of this problem?...

...SPRING. Turning again to the section of the consolidation act which I just read to you, it contemplates "a plan for the consolidation of the railway properties...continental United States into a limited number of systems." Will you state, Mr. Harriman, wherein your system furnishes an aid in the solution of this problem?...

...It provided in paragraph 4 of section 5 of the interstate commerce act as amended in 1920 that — The commission shall as soon as practicable prepare and adopt a plan for the consolidation of the railroads of the United States into a limited number of systems. I have quoted the language of the...