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Show (10 RELIEF FOR WHEAT SEE! J IN REDUCED RATE , President of Rock Island ' Line Declares Cut in .Freight Would Not Stim-' Stim-' ulate Grain Exportation " CHICAGO, -Aug. 1. A reduction tn freight rates so wheat and floor - for export, aa requested of ths ."tVeetera railroads by a committee ' Of Omaha business men, would not . atlmulau asportation of those com-"nodltles, com-"nodltles, J. K. Oonnan. president of the Chicago. Rock Island A Pa-ciflo Pa-ciflo railroad, said tn a letter to John Kennedy, chairman of the special committee of the Omaha chamber of commerce. Ths latter, ! explaining the decision of the rall-. rall-. road executives hers Monday . against adopting a tl per-cant r- tmctlon. 'ar proposed, wag - made public today by Mr. Gorman, act-' act-' lng chairman of the Western rall-' rall-' oad "prrsldehty confsrenco com-'' com-'' sslttes. ...... "The queetloa hss since ths receipt re-ceipt of your advices dated July 11 - received careful consideration at the hands of the carriers, there being be-ing a full realisation of the very great Importance of ths subject." Mr. Gorman wrote, after explaining that seventeen railroads were represented rep-resented at the meeting here Monday. Mon-day. "Canvass, howsver, of the matter mat-ter among ths grain exporting trade developa suite a difference of views as compared with those which have been expressed by yourself, .Would mbit dicline. . "Various experienced and well poetsd grain dealera take ths position po-sition that if ths proposed redue-I'm redue-I'm tn American rail rates were 'Actually accomplished, ss predicated predi-cated thereupon, lower quotations than otherwise would have been made and appear abroad, thoss reduced re-duced quotations would bs Immediately Imme-diately met by eorreepondlng quotations quo-tations from Argentine, Canada and other countries who possees an exportable aurplus of wheat, grown n cheaper land and with cheaper labor than is obtslnabls In ths Vnlted States. Under these conditions condi-tions ws are Informed that the effect ef-fect of ths proposed reduction would he to decrease ths revenue Of ths American carriers, which decreases de-creases will be sbsorbed by the European dealer or consumer, which, of, course, would not stlmu-late stlmu-late the movement abroad of A m-r- on eoarss grain and products. If not In the rates on domeetlc grain and pro-lucts, and also, Judging ths future by the past. It might be difficult to limit the reductions by making them expire with Jsnuary Iran wheat, which otherwise would lake place. "Since the passage of ths transportation trans-portation act of 120 the camera In the Wsstsm group havs earned tar below the rate of return contemplated con-templated by the law. Thus ths actual rate of return naa boon: Por the year 121, t.h per oentj for the year 1821. 4.01 per ceat; first five months o(2t. I d per cent. IMPOSSIBLE TO CUT. Under these conditions, ths feeding feed-ing was generally entertained at todays meeting that the Weatern carriers were not In poeltlon te stand the heavy reduction of li per cent on export wheat and flour aa it Is proposed by your committee, snd sspcclally since the results flowing therefrom, sccordlng to our heat information, appear to be problematical. prob-lematical. Moreover, If thla reduction re-duction were- mad l th- rates of wheat and flour for export It would undoubtedly call for earree ponding reductions In the rstss for export |