Elkins Act of 1903
After the Interstate Commerce Commission (1887) proved inadequate to restrain the railroad "octopus," TR led Congress in passing the Elkins Act which imposed heavy fines on railroads that offered rebates and on shippers that accepted them.
Hepburn Act of 1906
Restricted free passes and expanded the Interstate Commerce Commission to reach express companies, sleeping-car companies, and pipelines. It was given real power to nullify rates and set maximum rates.
No comments:
Post a Comment