The Interstate Commerce Act of 1887 is a United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices. The Act required that railroad rates be "reasonable and just", but did not empower the government to fix specific rates. It also required that railroads publicize shipping rates and prohibited short haul or long haul fare discrimination, a form of price discrimination against smaller markets, particularly farmers in Western or Southern Territory compared to the official Eastern states.
Interstate Commerce Act authorizes federal regulation of railroads
The Interstate Commerce Act of 1887 is a United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices.
Historical Significance
The Interstate Commerce Act of 1887 is a United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices.
Events Before
Karl Benz patents the "Benz Patent-Motorwagen" in Karlsruhe, Germany, the world's first automobile with an internal comb
Karl Benz patents the "Benz Patent-Motorwagen" in Karlsruhe, Germany, the world's first automobile with an internal combustion engine [1]
Inventor Thomas Edison (38) marries 2nd wife Mina Miller (20) in Akron, Ohio
Inventor Thomas Edison (38) marries 2nd wife Mina Miller (20) in Akron, Ohio
William Gladstone introduces the first Irish Home Rule Bill in the British House of Commons
The Home Rule movement (Irish: Rialtas Dúchais) was a movement that campaigned for self-government (or "home rule") for Ireland within the United Kingdom of Great Britain and Ireland.
Painter Paul Cézanne (47) weds Marie-Hortense Fiquet (36)
Painter Paul Cézanne (47) weds Marie-Hortense Fiquet (36)
Nationwide demonstrations and strikes demanding an 8-hour workday begin in the US
Socialism in the United States has encompassed various types of tendencies, including utopian socialists, anarchists, democratic socialists, social democrats, Marxist–Leninists, and Trotskyists.
Events After
The National Geographic Society is founded in Washington, D.C., to promote "the increase and diffusion of geographic kno
The National Geographic Society is founded in Washington, D.C., to promote "the increase and diffusion of geographic knowledge" [1]
“Father of American Golf” John Reid first demonstrates golf on a Yonkers cow pasture to friends
“Father of American Golf” John Reid first demonstrates golf on a Yonkers cow pasture to friends
The Convention of Constantinople is signed, guaranteeing free maritime passage through the Suez Canal during war and pea
The Convention of Constantinople is signed, guaranteeing free maritime passage through the Suez Canal during war and peace
Industrialist Henry Ford (24) weds Clara Jane Bryant (22) in Greenfield Township, Michigan
Industrialist Henry Ford (24) weds Clara Jane Bryant (22) in Greenfield Township, Michigan
Crouching start first used in track and field by Charles Sherrill of Yale
Crouching start first used in track and field by Charles Sherrill of Yale
More from the 1880s
The National Geographic Society is founded in Washington, D.C., to promote "the increase and diffusion of geographic kno
The National Geographic Society is founded in Washington, D.C., to promote "the increase and diffusion of geographic knowledge" [1]
The first electric lighting system employing overhead wires, built by Thomas Edison, begins service at Roselle, New Jers
The first electric lighting system employing overhead wires, built by Thomas Edison, begins service at Roselle, New Jersey
American painter Thomas Eakins (40) weds American painter and photographer Susan Macdowell (32) in a Quaker ceremony in
American painter Thomas Eakins (40) weds American painter and photographer Susan Macdowell (32) in a Quaker ceremony in Philadelphia, Pennsylvania, until his death in 1916
Abolitionist Frederick Douglass marries his second wife suffragist Helen Pitts
Abolitionist Frederick Douglass marries his second wife suffragist Helen Pitts
Frequently Asked Questions
- What happened on February 4, 1887?
- The Interstate Commerce Act of 1887 is a United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices. The Act required that railroad rates be "reasonable and just", but did not empower the government to fix specific rates. It also required that railroads publicize shipping rates and prohibited short haul or long haul fare discrimination, a form of price discrimination against smaller markets, particularly farmers in Western or Southern Territory compared to the official Eastern states.
- Why is Interstate Commerce Act authorizes federal regulation of railroads significant?
- The Interstate Commerce Act of 1887 is a United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices.