Word: purblind
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Dates: during 1921-1921
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...provisions of the Transportation Act (which calls upon the Interstate Commerce Commission to so co-relate wages and rates as to yield 5 1-2 percent net on property values) should be carried out, and all the clamoring of greedy shipping interests for reduced freight rates and of purblind labor leaders for maintaining high war wages, could in my opinion have little effect on the situation. Conditions under which railroad operation would yield less than 5 1-2 percent net on property values, would not only defeat the purpose of the Transportation Act, but would work against the interests...