THE FIXING OF RATES 29)
the Commission because of the changed conditions it is because
there is a new reasonable rate to be ascertained and disclosed,
applicable to such new conditions and fixed by force of law
immediately when the new conditions came into existence. But
the theory and the mandate of the law is that this point is
always discoverable although not always discovered. Until it
is discovered and made known the former rates and service pre-
vail. The order of the Commission is prima facie evidence that
the rate, charge or service found and fixed by it is the particular
rate, charge or service declared by the Legislature in general
terms to be lawful and to be in force. If jt were conceded that
the Commission had power or discretion to fix one of several
rates, either of which would be just and reasonable, it would be
hard to say that this was not a delegation of pure legislative
power to the Commission. But the theory of this law is to dele-
gate to the Commission the power to ascertain facts and to make
mere administrative regulations.
“ The notion that commissions of this kind should be closely
restricted by the courts, and that justice in our day can be had
only in courts, is not conducive to the best results. Justice dwells
with us as with the fathers; it is not exclusively the attribute
of any office or class, it responds more rapidly to confidence than
to criticism, and there is no reason why the members of the great
Railroad Commission of this State should not develop and es-
tablish a system of rules and precedents as wise and beneficent
within their sphere of action as those established by the early
common-law judges. We find the statute well framed to bring
this about.”
Competition in the Public Service. — Before the advantage
of cooperation and combination leading to monopolistic control
was fully realized by the owners of business ventures, it was
common belief that free and unrestricted competition should be
encouraged and would result in permanent advantage to the
public. The fallacy of this view when large public service con-
cerns are involved is now generally recognized. The competi-
tion in the case of such concerns may result in a momentary
lessening of rates but in the long run the rate-payer or the security
holder will be the sufferer. The temporary advantages may be-
come a permanent burden.
TAC