Joseph B. Eastman: Servant of the People

By Claude Moore Fuess | Go to book overview

IX
"Valuation Is Vexation"

IN ONE of his notable dissenting opinions, Eastman wrote: "If anything can be called fundamental in the public regulation of privately owned and operated railroads, it is this valuation question." The average citizen, however, after reading a succession of discussions on this subject, is likely to feel like Omar Khayyam, who confessed:

Myself when young did eagerly frequent
Doctor and saint, and heard great argument
About it and about, but evermore
Returned by that same door in which I went.

Professor Sharfman devotes his entire Chapter XII, of 222 pages --virtually a monograph in itself--to a discussion of "The Valuation Problem." Clearly this biographer would be swamped if he attempted to do more than suggest in a few pages what were the vital issues. In some moods I have found myself wandering in a world of fantasy, where the language seemed like the "matter" in Hamlet--"Words, words, words!" It has been comforting to remember what a very practical Yankee, Commissioner Charles A. Prouty, after serving four years as Director of Valuation, said of the original Valuation Act of 1913, "I would rather undertake to recite the Chinese alphabet backwards than read the thing anyway, because it does not mean anything after you have read it."

Valuation is in itself a research undertaking, dealing with figures and expressed in dollars and cents. By an amendment to the Act to Regulate Commerce, passed in 1913, Congress directed the Interstate Commerce Commission to prepare an official Federal valuation of all railroad property in the country. The next and inevitable question was how to do it. Many important elements were involved,

-153-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited page

Bookmark this page
Joseph B. Eastman: Servant of the People
Table of contents

Table of contents

  • Title Page iii
  • Foreword v
  • Contents ix
  • Illustrations xi
  • Introduction xiii
  • I - Yankee Background 3
  • II - Growing Up 8
  • III - An Amherst Education 19
  • IV - Apprenticeship in Public Service 37
  • V - Transition to Power 61
  • VI - From State to Nation 80
  • VII - The Independent Commissioner 96
  • VIII - The Prosperity Era 126
  • IX - Valuation Is Vexation 153
  • X - Problems and Policies 166
  • XI - Federal Coordinator of Transportation 180
  • XII - The Coordinator's Task and Achievements 211
  • XIII - Eastman and the New Deal 245
  • XIV - The Last Big Job 270
  • XV - The End of the Road 297
  • XVI - The Measure of a Man 312
  • Index 345
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this book
  • Bookmarks
  • Highlights & Notes
  • Citations
/ 370

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.