The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1911-03-02
R||A|l|I|L|R0l|DIs Lose
GREAT RATE Case
APPEAL TOCOUR||I|S|

Tfeigll AQVdllCe. Sss
STOCKS in
Fan OFF Four Points il d New
York and as Much asSev-
err in London Today.
Washington, d. C.-The railways
of the country { planning to Aght
tho decision Ct the interstate CON.
merce commission, in tho hope Of
preventing reductions from their
rate advances BY court procedure D.
laying tho final decision . several
years. They will apply to the new
commerce court for An intunctaon
nullifying the decision before March
10Th. when the proposed ratio q.
vance were to go into elect II 81
commerce court refuses them this n,
junction, tho railroads will 90 TO ths5
supreme court Of the United StAeeU.
Decision Against Railroads.
Washington. D. C.--The. inter
state commerce cqmmtsison decid-
ed against the railroads In both the
eastern" and the western. cases.
The decision was handed dowa late
yesterday.
The proposed advances In class
freight rates In oflcial classification
territory. aggregating among Ill the
railway in the territory approxi-
mately s27.seo.ooo . yesr. wsre dis
approved.
In the 8 involving increase by
railroads in the western trunk line.
territory, the commission decllnedStoS
approve the proposed advances n
commodity rates. The carriers II
both cases were required q cancel,
on or before March 10. their advanc-
ed tariffs and reserve the former
rates which are now In eject. IfS this
be not compiled with the commisaiony
will Issue . formal order suspendtng
the proposed advances and putting
into effect the existing rates TOR Ct
least two years.
In the cases Of the railroad COM
mission Of Texas against the Santa no
and other carriers, known q the
Southwestern rate case. the commits
sion declined to disturb tho commod-
ity rates or the first-class rates com-
planned of. The defendants ars or
dered, however. to reduce the sec-.
ond class rates, which were incrsas-
ed from $1.2l to $1.1s. On the re-
naming classes. the defendants IRE
required to restore the rates n e.
feet before the increased rates we're
published.
In brief, this 10 the disposition
made by the commission Of tho most
important cases ever brought TO itsi
attention. In . sense. the decisions
were in the nature Of . surprise to
the railroad ofacials and other ex-
perts.
After considering the whole sub
lject, the commission could not zee
its way clear to grant any advance,
although It conceded that. IN the
case Of some roads. increased reye-
nue. was needed. In what IL known.
as the eastern case. the commission
was embarrassed by the admitted fact
that several lines In the territory
were paying good dividends upon OK
listing rates. while others In the same
territory we're barely able to make
both ends meet. i
In the western case. the carriers
entered q powerful plea for increased
revenue in order that they might
have additional money to put Into
Improvements. which would enable
them to handle with greater facility
the constantly increasing frame. The
same argument was advanced In
support Of the proposed advances II
the ohicial classification territory;
but Commissioner Prouty. Who wrots
1.-THE opinion in the eastern case says:
"This argument does not appeal 20
US. We doubt the practical dimcnl-
ty suggested (that Of obtaining q
loan SUFFICIENT money to finance the
roads) and. were it true. 81 q net ap.
parent that the general public shsuld
stand responsible for the mistakes
which have been made in lfnalcins
railroad systems"
--o-
CORN IN r
Lsola. s. D.-Ths recently srEala-
ICED McPherson County Cora $50
citation has elected ommcers O. fol-
lows: President. 9. B. Howell: sec
retary-treasurer. w. K. Bishop. An