Show INCREASED FREIGHT RATES ARE DENIED RAILROADS LOSE FIGHT FOR HIGHER TARIFFS THROUGHOUT THROUGH THROUGH- I OUT THE UNITED STATES Commerce Commission Denies the Proposed Horizontal Increase Asked for by Railroads But Some Advances Ad vance vances Are Conceded Washington On On June 29 20 the time Interstate interstate interstate inter inter- state commerce commission denied the tue plea of the time railroads of the United States Slates s for a horizontal Increase of l 15 per pet cent Increase In freight rates In III its decision the commission Indicated indicated indi Indi- Its willingness to increase class rates in the time eastern eastern district approximately approximately approximately 14 11 per cent Since about one- one fourth of or the time freight handled Is moved under class rates the decision virtually allows the eastern lines about 4 per cent Increase In gross freight revenue Increases sought In n rates on coal conI coke and iron ore will be granted The commission found as a n result of extended hearings that the carriers generally show a substantial and Increasing increasing In In- creasing financial prosperity and that they have ample resources with which to conduct transportation Little sympathy was given the arguments arguments ments of the roads that they were victims victims victims vic vic- tims of war prices the commission holding that the carriers have profited b by the mobilization of troops The commission suspended the proposed proposed proposed pro pro- posed tariffs until October 28 but It Indicated indicate indicated In in- that no rehearing of the case will be of value at this time and and sug sug sug- ca cancellation of the tariffs |