Recent posts about Cameron Parish, Louisiana on our local forum with over 2,000,000 registered users. Cameron Parish is mentioned 33 times on our forum: Interesting information gleaned about Lake Charles (49 replies)
The Hepburn Act is a 1906 United States federal law that gave the Interstate Commerce Commission (ICC) the power to set maximum railroad rates and extend its jurisdiction.This led to the discontinuation of free passes to loyal shippers.y the Hepburn Act, the ICC's authority was extended to cover bridges, terminals, ferries, railroad sleeping cars, express companies and oil pipelines.
The act allowed a plan which would close down insolvent banks and reorganize and reopen those banks strong enough to survive. Glass-Steagall Banking Reform Act. Government legislation that made 750 million dollars that had once been kept in the governments gold reserves now able to be used in the creation of loans. This allowed the banks to reopen and it gave the president the power to regulate banking transactions and foreign exchange.