Story of the Session of the California Legislature of 1909 by Franklin Hichborn
page 137 of 366 (37%)
page 137 of 366 (37%)
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16 2/3 and 20 per cent; but take a very liberal conservative estimate
and put it at five per cent and you have ten million dollars; now, split that in two and take two and a half per cent of it and you have got five millions of dollars. Now, that and your four million dollars on eastbound freight and you have nine millions of dollars increase in freight rates, and I believe that that is a conservative estimate. I don't see how you could get at it any closer, because every man, it doesn't make any difference where he is, every man that buys pays that ten to twenty per cent increase. [63] Senator Caminetti on February 12 introduced a concurrent resolution calling for the removal of the present Board of Railroad Commissioners from office. The Committee on Corporations reported adversely, and on March 15th the resolution was finally rejected. Chapter XIII. Machine Defeats the Stetson Bill. Southern Pacific Attorney Succeeds in Clouding the Issue - Railroad Claquers Active in Advocating the Maximum Rate, Which Was Designated as Little Better Than No Rate At All - No Fight Over the Bill in the Assembly. Having succeeded in transferring the railroad regulation measures from the Senate Judiciary Committee, the majority of whose members were |
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