The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1920-08-04
TRAVEL Rates TO Be
INCREASED AUG. 20
Additional Pullman, Excess Baggage
and Milk Charges to Become
81 Effective at Same Time
PREPARATION OF TARIFFS
Drain on Treasury Will Probably Be
Stopped Before Expiration of
Governments Guarantee to Roads

fares probably will become effective
August 20 and the advanced freight
rates August rs, according to a pro-
gram outlined tonight by Alfred P.
Thom, general counsel for the Asso-
citation Of Railway Executives.
.. Simultaneously with the effective
ness of passenger fares the increased
charges for Pullman travel and the
new rates on excess baggage and
milk also will be put in force.
Railroad rate experts have begun
the preparation of blanket rate sched-
ules increasing the transportation
costs on percentage basis. These
will be presented to the Interstate
Commerce Commission five days prior
to the proposed effective dates. The
rate sheets will be supplemented by
printed tariffs containing rates for all
territories and on all commodities as
soon as the physical task of working
out the multitudinous details can be
accomplished. Until this work is done
local rail officials will compute the
new rates and charges for their re-
spective territories on the basis Of
the legislation rates plus the percent
age increase authorized by the COM
mission.
While this method of putting new
rates into effect would be unusual,
railroad officials pointed to the sug-
gestion fthe commission that the
higher charges be put in force "at as
early date as practicable"
BY putting the increased rates into
effect prior to September 1, the drain
on the treasury under the guarantee
provisions of the transportation act
, likely will be ended before expiration
of the governments guarantee of
earnings to the roads. Official sesti-
mated today that by September /, the
guarantee provisions would have cost
the government approximately $780,
600 000 for the six months since the
passage OF the present railroad law.
The government has been obligated
to r"at.,ue the $75,OOO,0OO monthly
rental pay.ncI. which was in effect
du.in", tho federal contro las we'll as
u lcc. deficits not covered by the
rcnta! amount, sustained by the indi-
Vldual carriers. Included in the
charges which will fal lon the treas
wy in these DEGREES iG that portion of
the 5000 100000 wage award covering
labo" costs from May ! to September
l, when the guarantee expires. This
was officially estimated at $206,OOO,-
600. Thus the American people will
pa yonc-third of the increased wages
for the railroad increases yearly in
tax.
With the amount guaranteed the
carriers this year and the claims of
the lines for compensation under their
contracts with the railroad admins
tration the roads will have cost the
government approximately a billion
and half dollars since the President
took over the properties.
Yield About $3.50. 100000.
Operation of the roads after Sep
tember ! under the new rates will
yield, according to accountants and
tariff experts of the carriers, an an
nual return Of about $1,580,OOO, ,0OO
While these figures were of pre-
liminary sort the railroad experts be-
lievcd the freight revenues to be de-
livered the freight revenues to be de-
rived under the new charges would
amount to $1,30O,00O, 900 and the in
come from passenger traffic $685.
100000. Their estimates it was cx-
planned, were based on the assumption
that intrasstate rates would be in
creased corresponding with the ad-
vance authorized by the federal COM
mission in interstate rates.
The need for increases in intrastate
rates was set forth in report for
Wardcd today to various State railway
and public utility commissions by the
three state commissioners who sat
with the Interstate Commerce Com
mission during it's hearings and con
sideration Of the rate case
-
New York, Aug. Am influx Of
buying orders at the opening today's
stock market, caused by the decision