Show b HIHER HIGHER RATS RATES FOR THE H COAST President Ripley of the Santa SantaFe 1 Fe Makes Statement Re Regarding Regarding Regarding garding Proposed Tariff Santa Sant Barbara CaL Cat Dec 29 President PresidentE E E P Ripley Ripley of or the Santa Sant Fe who Is spending the tle winter here gave a signed statement to t the Associated Press today toa relative tp t the proposed Increase In freight rates to the Pacific coast President Rip Ripley RIp Ripley ley le says that the statement that the to total tal tl raise will wU amount annually to 10 0 is rank nonsense It will not amount to a quarter of or that amount In his hi opinion The present rates between the Pacific coast and the east he says sa s are the low lowest lowest lowest est railroad rates In the world He points out that while railroad rates have re remained remained stationary r practically everything advanced that the railroad has to buy has greatly Little Litte Margin of Profit Mr 11 Ripley asks what reason raon exists for Insisting that of all the industries the railroad nose should be always alway held to the commercial or political grindstone What Vhal merchant or manufacturer would be content with as little margin margi of or profit as the railroads now get getT get All An this con coil controversy conI I about rates is foolish Some Somebody Somebody body seems to have estimated es t mated that that the advance proposed will wi Increase the tile reve revenues revenues revenues of or the railroads by b and by b Inference take that amount from the ship shippers pars pers or the people of the west est Rank Nonsense That Is I rank nonsense I I do not think I anybody has hils made any figures on the subject but but I will wi venture the assertion ass that the advances proposed wilt will wl not hot amount all told told to a quarter of that sum The present rates between the Pa Pacific Pacific cic coast and the east are the lowest lowest railroad rates in Iii the world word They are ae are arc constantly complained of by shippers shipper In the interior as being too low and as discriminating against them The shippers shipper of this coast coat are a ape specially specially favored class they the get abnormally low Jow rates because of o their location they the would not have a leg to stand on in a contest before any tribunal either for low lower lower er cr rates or to prevent an advance What That reason exists for Insisting that tat of all aU industries the railroad nose should be b always alwa s held to the commercial commer al or po political political grindstone What merchant or manufacturer would be content with as little how now get geU getT margin of profit as the railroads I |