OCR Text |
Show uu ORDERS ISSUED By COMMISSION Washington, D C, May 20 Allow ances aggregating millions of dollars heretofore made to iron and steel in dust rial railways by trunk line railroads rail-roads In the territory east of the Mis sisslppi and north of the Ohio and Potomac, have been ordered discon tinued by the interstate commerce commission. , The commission oday announced its refusal to rehear the Industrial railways case on the application of rompanies representing the United States Steel corporation and othev iron and steel corporations. The decision in the original case that the allowances were unlawful was reat firmed. Estimates by the commission ex perts indicate that the amount of the allowances paid to the United States Steel corporation alone aggregated a; proximately S9.OOU.000 a year; anJ the total of the allowances paid bj tho trunk lines to all iron and step! Industrial roads In the eastern tern tory was about $13 000,000 a year The commission held that these allowances al-lowances were substantially rebates on freight rates. The allowances have figured con splcuously in the pending adanec rate case. It has been contended that if they were eliminated, the railroads rail-roads would be able to increase their net income by just the amounts they heretofore have paid to the Iron and steel companies in allowances. nn |