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...Rockies, Southern Kansas and Missouri), is in general a straight upward revision that will mean $12,000,000 more annual revenue to the Western trunk lines. Rates on certain agricultural commodities, however, were not raised. This is a negative application of the famed Hoch-Smith Resolution, whose positive application??? which would mean actual lowering of present rates on farm products?was held unconstitutional in a recent U. S. Supreme Court decision. The Western rate structure has long been in need of revision...

Author: /time Magazine | Title: Business: Rate Revision | 7/21/1930 | See Source »

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