ROADS FILE PETITION FOR 15 PER CENT RISE IN RATES ON FREIGHT; Formal Plea Made to the I.C.C. for an Increase in Charges on All Classifications. REVENUE NEEDS STRESSED Present Returns Under 2 Per Cent on Values Said to Imperil Structure of Lines. SEEK TO AVOID WAGE CUTS Carriers Also Must Meet Motor Competition in Depression, They Assert--Quick Action Likely. Emergency Consideration Asked. RISE OF 15 PER CENT ASKED BY RAILROADS Present Low Return Cited. Seek to Keep Up Wage Levels. Fiscal Position Set Forth. I.C.C. Reports 1931 Decline. SENATORS' VIEWS DIVERSE. Copeland Says Roads Need Rise in Rates--Caraway Sees Farmers Hit.
Formal plea for 15% increase filed with I C C