With the fizzle of a damp firecracker, the great airmail uproar of 1934 finally petered out last week with passage by Congress of the Administration's Air Mail Bill virtually "freezing" the industry in its current setup. Sure of White House signature, the McKellar-Mead Bill, as finally adopted, leaves the present top rate (33¼¢ per mile up to 300 lb., 40¢ over that) as the maximum under which the Interstate Commerce Commission may fix compensation.
The bill empowers the Postmaster General to designate three primary routes across the continent; contractors are limited to one...