Ogden Daily Standard | 1917-06-30 | Page 1 | U. S. Railroads Are Flourishing

oo IRpRJ II, S. RAILROADa & IRRH Interstate Commerce Commis- H sion Holds Roads Not De- P' y H pendent on Rate Increases. ft H PERMITS CLASS RATE r H t, H Relief Will Be Granted Car- r' H riers If Adverse Conditions 1( H Should Arise. 1 " RRH WASHINGTON, June 30. Railroads i H of the country are generally in flour RRH ' Ishlng condition and not depeudent on j. pfl freight rate increases for continued ppj 'prosperity, the Interstate commerce RRH I commission holds in its decision denv- M RRH '.ingthe roads' application for a 15 per pRH cent advance in rates. RH i Although refusing general relief tlr RH commission indicated its willingness M 'to increase class rates in the eastern . pRH district approximately II per ient ppfl This virtually allows eastern carriers JH about 4 per cent in gross freight reve RH nuc, as about one-fourth of the freight i lpfl handled Is moved under class rates H The opinion intimated that a ro- ppfl hearing would be of no value at this H time but said that relief will be grant- H ed within the next few months, if the H carriers meet adverse conditions H