Show RATES I DOWN DOI Subject To Come Before Interstate Commission In Near Future I Hv ily JL COLn 11 1 SK I cli of or TheO Time The i O Ogden I COP Copyright TIght 1923 I WASHINGTON June Juno Z- Z 2 Freight ht rites rates tho th States seemed destined dolIn 1 fot I fU ther consideration lion and possible 1 down I ision ic e Ion by Ih the lime Inter Inter- Inter commerce commission In- In In ar are that the subject will cOme before th the commission for lor discussIon within the ne next neet month or six elx weeks necks s sNo No formal announcement of I plans the th the commission I have ha has been made and and none non lion I Is likely until some definite I C antion ac action tion Uon I Is taken However time tho com corn commission mission cognizant of o the Iho greatly N condition ot ol the as a whole hole of o the unusual olumn of business bu handled bandied at time the time and amid for the tho past few rC months and excess coss e earnings ot ol a consider consider- considerable considerable able number of ot strong roads Is care carefully full v stud hd studs ing log the entire rate fabric a as a nary to 10 log IlIg what hat proceedings should be In- In In rated to re re lse he rates U UI J G Tho rime preliminary stud lu 1 may ro- ro re result I suIt sult In no action er Cr On the otier hand it holds the POI Ith OnIth hill hili i of ls In and another another rl small reduction in rates rales The rhe difficult er howe howe erin or orin in time the situation is h that such lIuch a re ra reI I I luction would app to the eaker roads is wc will well II as the It If It 1 11 UI were sore 1 simply a qu of ol fixing mates utes on the of the tho earnings i of some of or the tho big roads there thre Is little doubt that a re reduction would b be 01 now no 11 reports of o railroad earn earn- ings Inga earnings carn h hive pour poured 1 Into the slon zions zion's office during this week neck and 1 a continuation of or the tho X cx- ex excellent no snowing Ing of or March In that month earnings for la 1 roads Foals I taken as a whole slightly e e ceede 1 the S Sper I 6 per cent ent rate rato I by the comOlI commission slon n as a fair return return will probable r slightly belon the thA G 5 Bt npr q r cent c I rate ol nl March Aa Au tt t reports are but time thA lIe t fda few fOSS da 8 I 5 ill III tell the tho full sterl tor A consid consid- considerable considerable I erable rable numbe of rail rail- railroad rail railroads road roads dividends ar ar are earning dIv dIv- div at th the present time mate mate- lally In excess of ol the fair fair re- re return return re return turn noD no D US Those These roads ar are required to di- di lide dl-lide side Id their excess earnings half halt and halt half with the government heth Whether I andI or er time the government will continue this condition holding back for tor the weaker roads and recapture for forthe forthe the public treasury half hall of the ex excess ex- ex rOBS cess earnings or whether the com coat commission commission mission will wili decide to give ship ship- shippers pore pers the benefit of excess eXeCs railroad profits by reducing rates to the where here 5 6 per pAr cent will win not bo be exceeded will come In tn for tor dia Roads In the tho south and east eat 11 are showing a remarkable return return to while those of the w west st hard hit by the farmers farmer lingering depression are aro coming corning back bank some some- somewhat v what hat I more mere Regional re- re rc ma may bo be the answer If It re-I re ro- ro reductions re reductions are decided on at au all The lon has Indicated that It Itha ha has given thc the farmer the tho benefit of reductions greater perhaps proportIonately than reductions In eIn other lines and n a general decrease In rates on farm products Is not noc antIcipated Lost of ot tM roses serving agricultural are today the number earning les less than the fair lair return All Ail factors relating to the tho transportation situation the Interest paid by railroads I bor-I bar bar- bor borrowing rowing to replenish their roiling stock and moth motive a power are UJ I un- un un understood 1 to be the time consideration In the Inthe preliminary survey So go o is 18 also InI I th the traffic continued huge volume of o flo fic which has been rising continually ally since th the first of ot the I year so 11 el heT by seasonal seaonal movements The latest I week eek for which then i la b a I 1 totalling almost 1 1 ears cars cars A figure I br or In any other ther May Hay record J from January 1 to via Ia 12 ln- ln in L clui l c e according to figures made public by the American R 1 th the number of ot cars d 10 1 with Ith on las class oni roads Increased h b bi about t nty per cent over oscr the tho number the same amo period of the tho seir lime llie Increase over the coire period of 1921 was al almost most 30 per pr cent Undo the present schedule which Ii ll a i c of ten ton leI ei cent nt from that In effect at this time last ear Car the tho roads as a Il hol ar are earning a 0 little more than the law allows them rho t co ore commission Is represented a as being belne sincerely desirous of ha haIng having Ing th the ro 1 pros prosperous and at tt the tho sense hame time Ume gh gise e ethe the shippers the tho benefit o ot of rites rates I ms low as compatible with a G 5 5 per percent percent cent return The reduced rates rats will have base been beon In effect a II year on July 1 next and it would not be surprising If something further with I inspect tor to r rates t 9 wa was forthcoming on or about thit anniversary |