Hon. Martin A. Knapp gave in interesting lecture on "The Work of the Interstate Commerce Commission," under the auspices of the Graduate School of Business Administration in Sever 11 last evening.

The power of the commission on interstate commerce rests on this clause in the constitution--"Congress shall have power to regulate commerce between the several states." This clause has been interpreted as extending not only to the transportations, but also the agencies and instruments of transportation, and its interpretation empowers the commission to include interstate railroads in its jurisdiction.

Mr. Knapp spoke of the following subdivisions of railroad operation which the commission has regulated: physical construction, operation and equipment, relations with employees, relations with each other and with the public. Under the first three, the commission has proposed several regulations which have met with universal approval and success; their chief activity, however, lies in their power to regulate the relations of the interstate railroad with the public.