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Show INCREASED FREIGHT RATESARE DENIED RAILROADS LOSE FIGHT FOR HIGHER TARIFFS THROUGHOUT THROUGH-OUT THE UNITED STATES. Commerce Commission Denies the Proposed Horizontal Increase Asked for by Railroads, But Some Advances Ad-vances Are Conceded. Washington On June 29 the interstate inter-state commerce commission denied the plea of the railroads of the United States for a horizontal increase of 15 per cent increase in freight rates. In its decision the commission indicated indi-cated its willingness to increase class rates in the eastern district approximately approxi-mately 14 per cent. Since about one-fourth one-fourth of the freight handled is moved under class rates, the decision virtually allows the eastern lines about 4 per cent increase in gross freight revenue. Increases sought in rates on coal, coke and iron ore will be granted. The commission found, as a result -of extended hearings, that the carriers generally show a substantial and increasing in-creasing financial prosperity and that they have ample resources with which to conduct transportation. Little sympathy was given the arguments argu-ments of the roads that they were victims vic-tims of war' prices, the commission holding that the carriers have profited by the mobilization of troops. The commission suspended the proposed pro-posed tariffs until October 2S, but it indicated in-dicated that no rehearing of the case will be of value at this time and sug-gseted sug-gseted cancellation of the tariffs. |