Parowan Times | 1926-05-26 | Page 2 | Views Differ at Rail Rate Hearing

views view differ at rail rate hearing washington sharply conflicting condic tins views ot of the railroad situation in the west and northwest were presented present to the interstate commerce commission in oral argument over the proposal to increase freight rates by 5 per cent As against arguments by counsel for the carriers and by a rep of security holders of the northwest urging that the commission come to the relief of the roads western state authorities through john E F benton general solicitor of national association of railroad Ralle oad and utilities commissions describing the carriers conditions as prosperous the burlington after paying an 81 per cent dividend in increasing its capital stock 51 54 per cent still pays 10 per cent upon the increased stock and received 14 per cent the santa fe has increased its dividends to 7 per cent and earns 15 per cent since 1920 it ft has bad increased its surplus