Rensselaer Journal, Volume 12, Number 41, Rensselaer, Jasper County, 19 March 1903 — WILL NOT REDUCE RAIL RATES [ARTICLE]

WILL NOT REDUCE RAIL RATES

Report That Illinois Railroads Will Resist Commissioners’ Order. Springfield, 111., dispatch.—lt is stated in railroad circles that the railroads will not make the reduction of 25 per cent in freight rates ordered by the state board of railroad and warehouse commissioners and will apply to the courts for an injunction restraining the commission from putting the reduced rates into effect. The railroads contend that the margin of profit would be wiped out if the rates; were reduced 25 per cent. That it is the freight business and not the passenger business which pays the dividends.