Transport: Rail Rates Down

Because it feels "immediate extraordinary measures are imperative in order to enable the railroads to continue in the passenger business," the Interstate Commerce Commission last week announced its most drastic decision since 1920. It ordered all U. S. railroads to reduce present basic fares of 3.6¢ a mile in coaches and 3.6¢ a mile plus 50% surcharge in Pullmans to a maximum rate of 2¢ a mile in coaches and 3¢ a mile in Pullmans. Pullman surcharges are to be abolished. Effective date: June 2, 1936.

Unlike the recent revision of classes on...

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