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Show HUGE INCREACE f RAILROAD RATES FREIGHT, PA88ENGER, PULLMAN AND OTHER RAI8E0 APPROVED BY COMMISSION. Goes to Absorb Recent Advances In Wages Ordered In Rail Labor Grant. Inland Steamship Rates Increased. Washington. Authority for tho mil-roads mil-roads lo Increase revenues by $1,-100,-OW.OOO wnii granted by tho Interstate comiuprco commission. Freight rates will hu advanced about one-third, pns-senger pns-senger rutes one-fifth nnd Pullman charges one-half. Coastwise and Inland steamship lines and electric railway companies also were granted an Increase In freight rates hi proportion to tho Increases In-creases granted railroads serving the samo territory. 'Iho new rates, to contlnuo until March 1, UYJ2, will become, cffectlvo on five dnys' notice by tbo carriers to the commission and the public, and they must bo lu operation before January Janu-ary 1. Since tho government guar-anteo guar-anteo expires September 1, the carriers aro expected to put tho advances Into effect by then. The Increases are designed to offset tho 5000,000,000 wage advance awarded award-ed by thu railroad labor hoard and to provide tho 0 per cent not Income on tho aggregate value of tho railroad properties under tho transiortatlou act Tho aggregate value of nil rnll-roaiU rnll-roaiU was estimated by thu commission commis-sion nt $18,(KX),00O,(HX), ns against n boou vnltio of fliO.0 10.000,000 given by the ci.rrlors. Tho -0 per cent Increase lu passenger passen-ger farev, excess hnggago charges and milk transportation rates and thu 50 per cent surcharge on Pullman fares will be general. Freight rate Increases vlll Mir j according lo territory, with 10 per nut In the east, 25 per cent In the H'i.thwJl! per cent In tho west from tho Mississippi river to the Itocky mountains and liTi per cent In inoun-tfilu-l'iiclllc territory from cast of the i'toikles to the Pacific roast, not IncludJng Alaska. The commission said (hat the Increases In-creases were Justified lu view of tho Hapldly changing price conditions nnd the necessity for providing ndequnto transportntlon facilities during mid after readjustment. From' figures submitted by the curriers, cur-riers, It was unofficially estimated that the apportionment of tho advance ad-vance would be about $1,'.&,UOO,000 on freight. $2I.1.HOO,000 on passenger, ?I3.000.000 on Pullman. $l,r00,0K) on milk and Sl.-I00.000 excess boggugo charges. |