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Chapter 11 Section 1
Terms in this set (10)
agreements among railroads that operate in same area to fix rates and divide profits
Why did railroads become abusive during the late 1800's?
They were trying to get bigger profits.
What did the Interstate Commerce Act prohibit the railroads from doing?
Pooling, rebates, and higher rates for short rather than long hauls
What is nonprofit stores owned by farmers?
What was the very first farm organization that serves as a lobbied for reform?
What is the practice of decreasing value of stock?
Which amendment did the railroad lawyers argue that Grange laws violated their rights?
The 14th Amendment
What wiped out state regulation of the railroad rates?
The Wabash railroad decision by the Supreme court.
Who protested the Grange laws?
Private business owners
What declared that the rates that railroads charged must be "reasonable and just"?
The Interstate Commerce Act
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