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feb 2, 1887 - Interstate Commerce Act passed (Feb 1887)

Description:

President Cleveland didn’t want to put effective legis in place to regulate RR, Congress bypassed Cleveland → passed Interstate Commerce Act (1876), Prohibited rebates & pools, required RR to publish rates openly, forbade unfair discrimination against shippers, outlawed charging more for short trip than long trip, Set up Interstate Commerce Commission (ICC) toadmin & enforce new legis; was not victory over corporate wealth; RR companies found ways to use Act to their advantage; 1st large-scale attempt by Wash to regulate business in interest of society

Added to timeline:

28 Oct 2018
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1858

Date:

feb 2, 1887
Now
~ 138 years ago