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II

INTERSTATE COMMERCE COMMISSION

ERNEST I. LEWIS, CHAIRMAN.
BALTHASAR H. MEYER.

CLYDE B. AITCHISON.

JOSEPH B. EASTMAN.

JOHNSTON B. CAMPBELL.

FRANK McMANAMY.

THOMAS F. WOODLOCK.
RICHARD V. TAYLOR.
EZRA BRAINERD, JR.

CLAUDE R. PORTER.
PATRICK J. FARRELL.

GEORGE B. MCGINTY, Secretary.

L 7219

FEB 23 1933

REPORT OF THE

INTERSTATE COMMERCE COMMISSION

WASHINGTON, D. C., November 30, 1929.

To the Senate and House of Representatives:

The Interstate Commerce Commission has the honor to submit herewith its forty-third annual report to the Congress. The period covered by this report extends from November 1, 1928, to October 31, 1929, except as otherwise noted.

A statement of appropriations and aggregate expenditures for the fiscal year ended June 30, 1929, is embodied in this report.

BUREAU OF ACCOUNTS

As stated in prior annual reports of recent years, the requirements of section 15a of the interstate commerce act have had the result of largely restricting the activities of the field force of this bureau to accounting examinations for the sole purpose of determining the correct net railway operating income of steam railroads, one of the principal factors in the determination of excess income subject to recapture by the Government.

During the year we have made 595 such examinations under section 15a, one under section 204 of the transportation act, 1920, and 54 special examinations incidental to our general accounting work. The number of examinations under section 15a was materially less than the number made the previous year, but this was due to the fact that in general larger carriers were involved. The special examinations included the investigation into refrigeration charges on fruits, vegetables, berries, and melons, which was referred to in our last annual report. The investigation into these charges from the South has been completed and resulted, in general, in substantial reductions which were required in Refrigeration Charges on Fruits, etc., from the South, 151 I. C. C. 649, and have gone into effect. This proceeding has, however, been reopened to permit the carriers to present further evidence. The accounting investigation into the similar charges from the West is nearing completion.

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