Pressing Ex Parte 103, their case for a 15% freight rate increase before the Interstate Commerce Commission, the railroads of the land last week won their first strategic victory over shippers opposing their plea. The I. C. C. originally scheduled the opening of opposition testimony for Aug. 31. In closing their case last week the roads' witnesses vehemently contended that time was an essential consideration, that a six-weeks delay in acting on their petition might do the carriers great financial damage. Grenville Clark, attorney for banks and insurance companies with heavy rail...
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