RAILROADS: Southern Comfort

Mississippi's waspish John Rankin waggled his white mane with satisfaction. Said he to the House of Representatives last week: "This regulation is ... the first thing that has brought justice in freight rates to the people of the South and West in the last 50 years." Editorialized the Atlanta Journal: "It has been a long and valiant fight [which] has resulted in a triumph for justice and fair play."

Both were talking about the Interstate Commerce Commission's latest directive to U.S. railroads, ordering them, to file uniform freight rates on rail shipments of manufactured goods to all parts of the...

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