Free trader-journal and Ottawa fair dealer. (Ottawa, Ill.) 1920-1927, 1920-11-18

service demanded, because the margii
of profit afforded under present rate
i Is too slnall. To afford satiSfaCtOr,
/ return upon the actual cost Of the ~
r. tensions necessary. Power consum
! els would in many instances he viii
!, ms 10 ray higher rate in order tC
get the required service. but such pro
: rosal is not possible OF sidera,ior
under the present law.
Petitioners further show thar in or
= der to SecuIe capital roupired to meet
: and retire notes and bonds falling du
/. and 10 make additional capital ~
pcaditures required and demanded
thai seCrrties must he marketed and
: ,old, hat petitioners are able 10
markc, such securities only in small
amounts and With the greatest effort +;
and that they are being required to
offer discount and rate OF utter
est which entails an actual interest
cost upon the petitioners in excess Of
\ per cent and reaching in certain in
stances higher rates for all money SO.
cured. Such increase in interest
charges is not peculiar To utility prop
critics, but applies To all securities is
sued by rail Dads industrial corpora
nous ana 10 some extent pF hluill''
F1i''leS' 'hat Nu'A increase IN lh'ereH'
charges maKes necessary the allow
arcc by his Commission of larger
measure of return han heretofore al
f lowed upon the accepted value of pc
tltiOncrs' property. and that the mar
Gin Of such rftuln above the going in
+ 'treSt rate upon accepted and hiG1
grade utility securities must BE- no.
-, .,,,', 80 - 49,, no.,.
tsI'I' N'iS mo" 'Hl' Uut 'hS IH'
NdF' anu pdFtieabdfIS curing the wv
ears io!I""IAE III" actual Glose oi nos
1I'.'S. l1IEF io'r'dS'S nav t "e,h
maze oN Ioeal assessing pooleS III inc
values OF petitioners pfot2ltl'S Tor
taN"iloh purposes luat IN" tax rd''
H"N n''n RredliY !h'r'aSea, u"' 70
I''I''H'l ''9t oi So'o'li!Heht "c'NF
ItN an" 20 SloFpaS' Oh o'n''
~outttN "i PIhI'C revenue tu''l't'
'hd' ne state mas pto'lut' loT anu j.
nc" connecting auai''ohal taxes from
'ot P"' ~ 'o"s "'n 'lNC"'",S ',"''
puui. "'I'|.i'9 NI'HI" ~ 'oI"ri9. rue
"u"'""H"l ou4"t' ~ an vt 'H'',
'aAt'' 'HtIieY niue tvnH'hl @. ANU
itILou' i'i'ieh'P /" ne "'d'H '"iu''
u t'"ei"' laAa'loh' Is H'TiousIN I'M
baltlHE NHe net rev venues Oh PeItloh'.'
Gnu WA amount 10 we sum q S1'I'
'V''o increase liiS Co"''HE veal over
TIE sum .aF stat, anu Io'dl 'dNeS l'a''
dpIe uUrlh- the year l'l>
Pett toner's further show that imma-
diat"lY following the order entered by
this Commission on May ID. 1918,
freight rates upon all railroads, both
within and without the state, were in
creased hy - per cent and in certain
instances by larger percentage: and
that such increase has been recently /
followed during this year 1870, hv (
further increases of 40 per cent on in /
terstate freight rates TO eastern points
and Of IS rnr cent on iUtraState freight +
IA IS Within the state These in.
crcaSeS i'm freight have resulted in cor. ,
responding Increases in the cost Of /
all raw materials and supplies. ana 7
part icularly in an increased cost Of /
moving coal 10 the respective plants !
cf petitioners over the costs prevalent (
in 1918 These increases were not
f0roSpca in Nav. 1915. and cons tut, 7
substantial and in all rcSnactS prrma-
rent increases in operating costs. /
which must be taken care of out If
r,+1- ,acoirod fro,,, .ba ,tri,Iia