Questions

I am History.

Yes, history refers to all the past, but we can create history in the presentand it cannot be polluted in the future.

In 1887 Congress passed the Interstate Commerce Act, making the railroads the first industry subject to Federal regulation. Congress passed the law largely in response to public demand that railroad operations be regulated.

Railroads discriminated in the prices they charged to passengers and shippers in different localities by providing rebates to large shippers or buyers. These practices were especially harmful to American farmers, who lacked the shipment volume necessary to obtain more favorable rates.

 The primary reason to issue stock is to raise money to start and maintain an ongoing business.

Other Reasons::

The reasons that a company might want to raise money by issuing stock are:

• To develop new products

• To buy more advanced equipment

• To pay for new buildings and inventories

• To hire more employees

• To provide for a merger or acquisition

• To decrease debt

• To give company owners greater flexibility

• To place a value on the company.