Having taken testimony on and deliberated for four months over Ex Parte 103, the petition of all Class 1 railroads for a blanket freight rate increase of 15%, Chairman Ezra Brainerd Jr. of the Interstate Commerce Commission and his ten colleagues last week handed down a dilemma. Even before they were made public the commission's long-awaited findings caused confusion. Someone got a look at the first page of the report, was led to believe the commission had granted, at least in part, what the roads had asked for. A telephone call from...
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