Smyth v. Ames

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Fair Value Rule

Overview page. Subjects: Law.

Adopted as a constitutional standard by the Supreme Court in Smyth v. Ames (1898), the fair value rule was an attempt to protect regulated industries against confiscatory rates. Under this...

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Interstate Commerce Commission

Overview page. Subjects: Economics — Law.


A US agency set up to regulate rail traffic across state boundaries. The ICC was intended to regulate both monopolistic pricing and the standard of service provided. Its...

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Stephen Johnson Field

Overview page. Subjects: Law.

(1816–1899), associate justice of the U.S. Supreme Court, was born in Haddam, Connecticut, to David Dudley Field, Sr. and Submit Dickinson.

He married Sue Virginia Swearingen in...

See overview in Oxford Index