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April 1, 2024
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jan 2, 1887 - Interstate Commerce Act

Description:

- BIG WIN FOR POPULISTS/FARMERS
- Est. the Interstate Commerce Commission in part to monitor discrimination within the railroad industry
- Prohibited rebates and pools
- Required railroads to publish their rates
- Prohibited unfair discrimination against shippers
- Outlawed the practice of charging more for short hauls tan long hauls
- Increased competition between shipping companies --> preserve equality among companies, spur innovation

Added to timeline:

14 Apr 2018

Date:

jan 2, 1887
Now
~ 137 years ago