Accounting For Steam Roads with Particular Emphasis On The Classification of Income, Profit And Loss, and General Balance Sheet Accounts For Steam Roads In Accordance With Section 20 of The Act To Regulate Commerce Effective On July 1, 1914. Accompanying with All Subsequent Amendments

Author

John Joseph Hudson, Marquette University

Date of Award

6-1925

Degree Type

Bachelors Essay

Degree Name

Bachelor of Arts (BA)

Department

Business Administration

First Advisor

Edward M. Wagner

Second Advisor

Fred D. Merritt

Abstract

History of Public Utility Regulation: The term "public utility" refers to a class of industries in the performance of whose service the public is concerned in a peculiar way. These undertakings are described as affected with a public interest. Steam and electric railroads, express and sleeping car lines, telephone and cable companies fall into this definition. The public right to regulate is based on the common law, but it has been strengthened by statutes and court decisions. The services these companies perform are a legitimate function of the state. Such enterprises exist by public grant of monopolistic privilege.

Comments

A Thesis Submitted To Fulfill the Requirements For The Degree of Bachelor of Science in Commerce, College of Business Administration, Marquette University, Milwaukee, Wisconsin

Recommended Citation

Hudson, John Joseph, "Accounting For Steam Roads with Particular Emphasis On The Classification of Income, Profit And Loss, and General Balance Sheet Accounts For Steam Roads In Accordance With Section 20 of The Act To Regulate Commerce Effective On July 1, 1914. Accompanying with All Subsequent Amendments" (1925). Bachelors’ Theses. 669.
https://epublications.marquette.edu/bachelor_essays/669