The Regulation of Railway Rates Under the Fourteenth Amendment

Abstract

I. Early cases, such as the Slaughter House Case and Munn v. Illinois seemed to indicate narrow scope for the 14th Amendment, 389. — II. The Minnesota Rate Cases (1890) put greater restriction on the regulative powers of states, 393. — Dissenting Opinions, 395. — The question of principle directly presented in the Texas Case, Reagan v. Farmers Loan & Trust Co. (1894). The State inhibited, 398. — Other cases, establishing the right of judicial inquiry, 400. — III. The problem of valuation. The Nebraska Rate Cases (1898), 402. — No definite rule stated regarding valuation, 404. — A suggested distinction between public service corporations and those placing their property in an analogous position, 407. — An unremunerative rule sustained in the Minnesota coal case (1902), 410. — IV. What is reasonable value of property? The San Diego Water-rate case, 412. — The Knoxville Water case, 414. — The New York Gas Co. Case, 416. — Rising land value, 417; the valuation of the franchise, 418; the value of a going concern, 419. — The element of wages of superintendence, 421. — The law still in a formative stage as regards reasonable value, 423. — Difficulties from interaction of state and federal regulation, 424.