. Book of the Royal blue . Business Mens Views on Current Topics—i The Necessity of Railroads to Advance Rates. KITH everything else goingup, it is unreasonable tosuppose that railroad ratesshould not advance in thesame manner as the costof the commodity it carriesadvances. It is timely tonote the fact that the railroads did notadvance their rates first and be blamed forbringing about the advances which havebeen made in the cost of nearly ail com-modities. There are fair business menwho recognize this fact. Says one : No matter howobjectionable an advancein freight rates may be to business men
. Book of the Royal blue . Business Mens Views on Current Topics—i The Necessity of Railroads to Advance Rates. KITH everything else goingup, it is unreasonable tosuppose that railroad ratesshould not advance in thesame manner as the costof the commodity it carriesadvances. It is timely tonote the fact that the railroads did notadvance their rates first and be blamed forbringing about the advances which havebeen made in the cost of nearly ail com-modities. There are fair business menwho recognize this fact. Says one : No matter howobjectionable an advancein freight rates may be to business men, wemust recognize that an improvement ingeneral business is dependent upon better-ment of operating and financial conditionsof railroads. That operating results areunsatisfactory is readily seen by the latestInterstate Commerce Commission reports,which show that for the nine months end-ing April 1, 1910, eleven railroads of westand north of a line drawn from Chicago toSt. Louis, compared with the same periodin 1909, had their gross earnings increaseabout $50,000,000, while net earningsdecreased $3,500,000
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