Word: freightâ
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...welcome this first cargo to the Illinois cornlands. Aboard the General Ashburn, Major General Thomas Quinn Ashburn, chairman of Inland Waterways Corp., the Government's barge line, saluted his superior. Behind the General Ashburn puffed the towboat Wynoka, with another steel barge and three empty lighters. The first freight???400 tons or about 16 carloads of sisal, sugar, coffee, soap, canned goods, shipped from St. Louis at a total saving of $1,100 under the rail freight rate??was unloaded and General Ashburn insisted: ''The waterways bring more commerce to the railroads than they take from them. . . . I challenge...
...Outer Belt Line") from transporting products of the U. S. Steel Corp. The commodities clause of the Interstate Commerce Act forbids a railroad to haul commodities manufactured by it or by its subsidiaries. Whether the reverse also holds?that a manufacturer may not own a railroad that hauls his freight??? is the question, to determine which the Attorney General is bringing his suit. Should he win, U. S. Steel will be mightily embarrassed, for it will have to give up its control not only of the Elgin, Joliet, & Eastern, but also of the Bessemer & Lake Erie (which connects its mills...
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