apr 7, 1887 - Interstate Commerce Act
Description:
| WHAT: | a federal law that was designed to regulate the railroad industry, particularly its monopolistic practices. The Act required that railroad rates be "reasonable and just," but did not empower the government to fix specific rates. | EFFECT: | initially largely ineffective | congress didnt expand its powers until early 1900sAdded to timeline:
Date:
apr 7, 1887
Now
~ 138 years ago