Word: freight
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Dates: during 1930-1939
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Candy, coal and chemicals, soap and scrap iron, fertilizer, leather, glass, paper, old rubber and garden truck were some of the things Interstate Commerce Commissioners in Washington pondered last week when opponents of the railroads' petition for a 15% freight rate increase began to present their rapid-fire testimony (TIME, July 27, Aug. 3). Shippers and manufacturers popped up and down in the witness stand to oppose Ex Parte 103 faster than the Press could keep track of them. The gist of their argument: if rail rates went up they, the rate payers, would divert more & more of their...
...regulatory commissions of North Dakota, South Dakota, Minnesota, Iowa, Nebraska and Kansas clubbed together to ask the I. C. C. to dismiss the railroads' petition. They argued that the Federal commission had no legal authority to up freight rates on a mere showing of financial emergency and that, in addition, the roads had offered no evidence that such an increase would improve their revenues and credit. The I. C. C. postponed consideration of this joint request...
...Orangemen were not long in waiting for their revenge for Cootehill. Saturday the Ancient Order of Hibernians (Catholic) were to meet at Armagh. This time it was the Orangemen who felled trees, pulled up rails. Henry Bell, engineer of a freight train, was stopped by sullen gunmen, made to wreck his locomotive at an open gap in the rails. At Portadown, County Armagh, Orangemen and Republicans fought in the streets for two days with stones and bottles of Guinness's Stout. Orangemen rallied to the tune of "Dolly's Brae" and "Derry's Walls," and attempted...
Export copper, c.i.f. (cost, insurance, freight) to European base ports, was reduced from 8¼ to a new low of 8?. Sales were small. Domestic copper was nominally quoted at 8?, many sales were arranged at 7¾?, small lots could be picked...
...General American Tank Car, builder and lessor of freight cars, earned $2,475,000 against $3,653,000. President of the company since last October is young Lester North Selig...