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Railroad Valuation by the Interstate Commerce Commission

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  • Homer B. Vanderblue

Abstract

V. Cost. Facts and estimates, 261. — Commission procedure, 262. — Renewals and costs, 263. — Appreciation, 266. — Original cost determined by appraisal, 269. — Facts and estimates once more, 270. — VI. Intangibles. Commission doctrine, 271. — Franchise value, 272. — Going value and strategic value, 273. — Wisconsin deficit theory, 276. — VII. Final value, 277. — Confiscation and condemnation, 277. — Exchange value, 278. — Capitalization of earnings, 280. — The general rate structure, 283. — The reasonable return as a variable, 284. — The appeal to authority, 288. — Cost of reproduction as a basic fact, 289. — Land once more, 290. — Cost of reproduction and investment, 293. — The rule in Smyth v. Ames, 297. — The Commission and "final value," 298.

Suggested Citation

  • Homer B. Vanderblue, 1920. "Railroad Valuation by the Interstate Commerce Commission," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 34(2), pages 260-299.
    • Handle: RePEc:oup:qjecon:v:34:y:1920:i:2:p:260-299.
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    File URL: http://hdl.handle.net/10.2307/1882364
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