29 jun 1906 año - Hepburn Act

Descripción:

An amendment to the Interstate Commerce Act of 1887 that allows the Interstate Commerce Commission (ICC) to set fair rates on railroads, with Congress deciding what constituted a fair rate. The amendment was added because of numerous complaints from poor farmers that they could not afford to pay the outrageous rates charged by railroad companies. The companies were also discriminating against farmers, as they charged less for the transportation of goods from large corporations than from poor farmers, in order for both companies to make a profit. The Hepburn Act allowed the ICC to control the railroad companies, crushing the profitability of the business.