Business: Rate Revision

Last week the Interstate Commerce Commission made drastic changes in the U. S. railway rate system—a structure as vitally important as it is complex. Two reports, appearing simultaneously, revised the class rates* in the East and in the West, added some $52,000,000 to the future annual revenues of the railroads. The new rates go into effect Nov. 1, 1930.

West. The Western revision, which applies only to Western Trunk Line Territory (bounded by Lake Michigan, Canada, the Rockies, Southern Kansas and Missouri), is in general...

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