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Updated: October 21, 2025
Such objectors contended that pooling combinations did away with many of the evils of cut-throat competition, and they accordingly urged that the carriers be permitted to make such arrangements, under whatever government regulation might be needed to prevent unreasonable charges.
Also, he would aid him, as far as was proper, with a recount of what gusts and windy currents of news were moving in the upper ethers of government. Then, having been polite, Senator Hanway got down to business and stated that Mr. Frost, if Speaker, would favor a certain pooling bill, much desired by railways, and particularly dear to the Anaconda Airline. On the obdurate other hand, Mr.
An old white-bearded man with cane and spectacles and a heavy goatee working under a chew of tobacco tremulously pleaded for a pooling of the crops. The answer was that all would not pool, and the question was how to get all in.
It enlarged and increased the powers of the Interstate Commerce Commission; it authorized the Commission to recommend government loans to the railroads; established a Railroad Labor Board to settle disputes between the carriers and their employees; empowered the Commission to require the joint use of track and terminal facilities in emergencies; forbade the construction of new lines and the issuance of stocks and bonds without the consent of the Commission; directed the preparation and adoption of plans for the consolidation of the railway properties into a limited number of systems; permitted pooling under the authorization of the Commission; and provided for the accumulation of reserve funds and a fund for purchasing additions to railway equipment.
The pooling of medical costs, under a plan which permits each individual to make a free choice of doctor and hospital, would assure that individuals receive adequate treatment and hospitalization when they are faced with emergencies for which they cannot budget individually.
He'd been hit by shrapnel, burned, shot everything that could happen to someone in combat, short of death but none of it had prepared him for this drug-aided agony that left him unable to move, gasping for irregular breaths as blood soaked the front of his trousers and began pooling on the altar dais. His world narrowed to himself, to the pain in his upper body and the need to remain conscious.
The Hopper stood patiently by the Christmas tree, awaiting the result of his diplomacy. Then suddenly Wilton laughed a loud laugh expressive of relief. He turned to Talbot and put out his hand. "It looks as though Muriel and her friend here had cornered us! The idea of pooling our trophies and giving them as a Christmas present to Billie appeals to me strongly.
Exciting as all this was, however, the desire for adventure was not as powerful as the desire for profits, and cut-throat competition in industry led as naturally to combination, as rate-wars on the railroads led to pooling agreements.
He concluded a very able address during the last days of the consideration of the report, by saying: "Nine-tenths of all the interstate commerce business done to-day is done under these arrangements which are sought to be damned because of the evil meaning which has been given to the word 'pooling. Whatever stability has been given to the railroad business, and through it to other business of the country, has been secured by these traffic arrangements, and in my judgment a bill which breaks them all up ruthlessly within sixty days, which invites the competition which is to demoralize business, will be far-reaching in its injurious results.
The pooling of medical costs, under a plan which permits each individual to make a free choice of doctor and hospital, would assure that individuals receive adequate treatment and hospitalization when they are faced with emergencies for which they cannot budget individually.
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