MR. JUSTICE STONE delivered the opinion of the Court.
Appellants are steamship corporations engaged in the transportation of freight through the Panama Canal between United States ports of the Gulf of Mexico and on the Pacific Coast. They constitute the Gulf Intercoastal Conference, which operates under an agreement, approved March 28, 1934, by the United States Shipping Board Bureau of the Department of Commerce, as provided by § 15 of the Shipping Act of 1916...
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