John Fitzgerald Kennedy: “Congress acted promptly and effectively; and the Supreme Court (Wilson vs. New, 243 U.S. 332, 333, 342, 1917)…”

“Congress acted promptly and effectively; and the Supreme Court (Wilson vs. New, 243 U.S. 332, 333, 342, 1917), emphasizing the fact that the nature of the railroad industry required both employers and employees to defer to regulation in the public interest, held that Congress had the power to impose a settlement binding on both parties ‘for a reasonable time, in order that the calamity may be averted and that opportunity may be afforded the contending parties to agree upon and substitute a standard of their own.’”