A. P. U. S. History Notes

Elkins Act, 1903, rebates

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Elkins Act, 1903, rebates: The Interstate Commerce Commission was initially created to regulate the economy for the federal government. It was not originally given enough power to regulate the monopolized railroad system. The Elkins Act strengthened the ICC by stiffening penalties against secret railroad rebates to favored shippers.

Hepburn Act, 1906: The Hepburn Act, in conjunction with the Elkins Act, granted the Interstate Commerce Commission enough power to regulate the economy. It allowed the ICC to set freight rates and, in an attempt to reduce the corruption in the railroad industry, to require a uniform system of accounting by regulated transportation companies.

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