Question

What is significant about the Elkins act

Answer 1

The Elkins Act is a 1903 United States federal law that amended the Interstate Commerce Act of 1887. TheAct authorized the Interstate Commerce Commission (ICC) to impose heavy fines on railroads that offered rebates, and upon the shippers that accepted these rebates.

Answer 2

The correct answer to this open question is the following.

The significant of the Elkins Act of 1903 was that that the United States Congress tried to increase the power of the Interstate Commerce Commission to establish rates for the cargo railroad rates. The high transportation prices had been a serious problem that affected many people such as farmers. So with the passing of the Act, Congress ordered railroads to maintain their prices and established penalties in case of disobedience.