Tuesday, March 1, 2011

Railroads regulated in the progressive era

Railroads were finally brought to heel in the Progressive era with the Elkins Act in 1903 and the Hepburn Act in 1906

The Elkins Act went after one of the primary sources of corrupt income for the railrads, rebates. This act allowed heavy fines to be imposed on railroads who gave rebates, and shippers who recieved rebates.


The Hepburn Act went after another corrupt lifeline of the railroads, the free passes. These passes, with their hint of bribery were now restricted and the Interstate Commerce Commission was expanded to regulate express companies and pipelines and other related enterprises.

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