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Social Civics

Note 162 — Chapter XIX · THE ENCOURAGEMENT AND REGULATION OF COMMERCE.

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The act further provides that all net profits above the rate of six per cent upon the valuation of the railroads, as fixed by the Interstate Commerce Commission, shall be divided in equal shares between the railroads and the government. The share received by the government is to go into a fund for the benefit of those railroads which are not able to earn the normal net income.

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