Word: freight
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...Rivers, and built the Pennsylvania Station and the famous Hell Gate Bridge. To this veteran, Mr. Coolidge confided his plans, or, rather, suggestions. At one stroke the President suggested that it would be possible to alleviate two of the major troubles now afflicting the country. He asked: 1) that freight rates on wheat for export be lowered to facilitate disposal of the wheat surplus abroad; 2) that freight rates on coal to Northeastern states and coal destined for Canada be equalized. (The President understood that coal shipped to Canada paid less freight charge than coal shipped to cities in this...
...Railway car loading in Italy has increased until it exceeds the pre-War average. The total freight tonnage from July, 1922, to May, 1923, amounted to 39,000,000 tons- an increase of 16% over the previous year. The traffic in the port of Genoa in the first eight months of 1923 amounted to 4,000,000 tons-a considerable increase over...
...Commissioner of the railways reports that satisfactory progress is being made in reorganizing the State railway systems and in reducing the number of employees. Increases have been authorized in freight and passenger rates, which are expected to yield 100,000,000 lire annually...
...suggestion that freight rates on export wheat be lowered if possible, President Coolidge shows at least a better understanding of the causes of cheap wheat than the farmers or their representatives. Lowered freight rates on wheat for internal markets as the latter demand, would be a mere drop in the bucket; while raising the import tariff on wheat would be like shutting out imports of dirt. There simply ain't no such animal. the reason for low prices is, as President Coolidge comprehends, the almost complete absence of a foreign market, and consequently a mass of grain, usually exported, tumbled...
...Freight and passenger rates are fixed or controlled entirely by a Government Commission...