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" The ICC was therefore in keeping with the law when, to the delight of the railroads, it decided to give its sanction and imprimatur to the freight rates worked out by the railroad rate associations—in short, to use the federal government to ratify rates decided upon by private railroad cartels. "

Murray N. Rothbard , The Progressive Era


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Murray N. Rothbard quote : The ICC was therefore in keeping with the law when, to the delight of the railroads, it decided to give its sanction and imprimatur to the freight rates worked out by the railroad rate associations—in short, to use the federal government to ratify rates decided upon by private railroad cartels.