Word: shipper
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Dates: during 1940-1940
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...benefit of RFC loans; $516,000,000 was the value of all land grants. But current benefits of land grants were considered "small and probably negligible." Recommended for favorable action was an old railroad plea-that the Federal Government, which has always been a cut-rate shipper in consideration of these ancient grants, henceforward pay full rates...
Last week the Maritime Commission permitted Shipper Farley, now executive committee chairman of unsubsidized American-Hawaiian Steamship Co., to put his lesson into practice. For a fat $1,600,000, he sold four of his tired old (20-21 years) tubs to Great Britain, which needs cargo ships to transport war supplies. This gave Mr. Farley cash in the bank with which to begin replacing his fleet of 34 ships (average age: 23 years), if he wants to. His four old ships, out of service until the war boom, netted him the fancy price...
...Solvents Corp. for two years. In October it went to the I. C. C. with a petition for trainload rates on molasses. Month ago, I. C. C. brought forth its decision, that ". . . certain other forms of transportation which compete with the railroads can law fully, and do, give the shipper of large quantities a decided advantage over the shipper of lesser quantities equivalent to a railroad carload. This is true of pipeline transportation by its very nature, and it is also true of water transportation...