· This act "was aimed primarily at the rebate evil."
· Shippers who accepted rebates and railroads who offered them could now be severely fined
· Passed by Congress during TR's administration.
· First railroad legislation with real power; the Interstate Commerce Commission (created in 1887) was not doing any good because railroad barons took the cases brought against them to federal courts because it could take up to 10 years.
Hepburn Act of 1906
· Cracked down on "free passes" for railroads, often used for bribes.
· Made the Interstate Commerce Commission more powerful and was now legalized to dictate policies of "express companies, sleeping-car companies, and pipelines."
· ICC could now "nullify existing [railroad] rates and stipulate maximum rates."
Pictures:
http://tinyurl.com/4jmp95w
http://tinyurl.com/6bk8rok