Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-06-29

7 i WUTTU
he would nsk me. Hahn. ployed you
! by d. year, Whats a lawyer fur but
ter wuch IN de cOathouse2 2" That
settled II. BY the time ! got through
| pleading for that old negro the 1uries
had no respect for him and but little
\ confidence Ia me. BY the end OF the
year he was what we down In Texas
call busted Niger"
My observation IL that railways.
/ like men, can make friends or enemies
according 10 their deserts Litigation TO
/ protect rights even should be the last
resort after all reasonable efforts have
I been exhausted 10 accomplish the same
end. Like the old negro most OF them
| point 10 the court and say. Oars
whar / settle. Go dar." And like him.
they lose the respect Of juries and conf
plain OF prejudice. Let them put III
motion good example, and the Juries
and the courts and the state govern
monts will meet them In friendship
and Justice more than half way.
The commission law embraces TWEEN
] ty-four sections md thirty-two sub
divisions, fully defining the duties'
powers and authority OF the commits
sion, and the rights. privileges and OBJ.
legations OF the railway companies and
the shippers. II ~ acknowledged TO be
the most comprehensive law upon the
subject OF railway regulation. aimed
az Justice for railways and public.
There Is not by inuendo or inten-
tion, the denial OF single legitimate
right to the railway company, nor
does II contain any loop-holes through
winch tricks ana frauds, extravaganza
ana discrimination, may be imposed
upon the shippers or upon the public
NotwithstandinR the people and the
railways OF our state prospered more
during the commission period Of eleven
months than for any corresponding
tltue peIofe or since, the companies
went Into litigation, and for nearly
TWO Years had the law tied up in the
Federal courts by injunction, upon the
allegation that II was unconstitutional.
Recently the supreme court OF the
united States has sustained II MS II
whole. without striking out single
one OF Its fifty-slx sections and sub
divisions. In other words, the court
now confidently hoped that at least
there will be peace restored between
the railways and the people down
N Texas, That under the new condi-
IONS there VIII be mutual prosperity
ana reciprocal friendship, there can
not be the least doubt, The commission
rates VIII be reasonable, 40 as to at.
tord revenue TO efficiently maintain
ana operate the property, and 20 give
fair return on the money invested
IN them. They will be stable, so us to
inspire permanence and confidence In
trade, for they cannot be changed
without notice and fair investlga-
ton, They will be open to the public,
80 that every man In advance may
know what he has TO pay for trans
portatloni and that he stands on an
equality with his competitors In trade.
Railroads operated under the commits
sion rates Will be protected against
destructive rate wars growing out Of
indlscreuon or spite of traffic man
ayers. They Will be spared the dan
M q ina "a N,fffF IN.
agents, and their misuse 10 private
ends, The practice OF railway officials
owning stock IN congresses, oil mills.
factories, eating houses, livery stables.
rock quarries, stock pens, pleasure re-
sorts and mercantile establishments,
permitted and made prosperous al The
expense of commerce, TO the serious re-
duction of railway earnings has pass
cd away, and we are now upon a new
era that II encouraging to business
men producers and railway owners.
The Inspiring influence OF clean trnflc
scales held within the hands Of IN
oath bound. her orable commission.
obeyed by the companies, will produce
interdepei dent, friendly relations be-
I'VE, tween the shippers and the railways.
,tau the people 70 guard and protect
me rights OF their public highways
with that rtotitude, fidelity and ieal-
oisy that have ever charncterIzed
them In the maintenance OF their most
important popular public institutions.
The Railway stocks ana Bond. Inv.
This law, rhssed by the last leeisia.
ture, claimed to be 50 lnimical 10 canl.
tai, defines corporate franchises and
prohibits the Issuance of bonds and
other Indebtedness by railway COM
rHnies over and above the renaonuhis
value OF the property, exeent In cases
OF emergency or conclusive nroof
SHOWN by the interested comparv 10
the railroad commission TINT nnbijc
lntstests or the preservation of private
PIoperIy demand the issuance of a
kreater amount In that event. within
the discretion OF the commission re
stocks and bonds Of any railroad corr-
pany may be executed to an annrnt
NOT more than so per cent over the
vMus Of the property This law pro.
Yldes Tor the establishment Of whet
may be termed a "standard on vsi,,a,,,.
OF each and every railroad In Texas ~
De HE'D In the Office Of the seorefar,, -
state, This standard is prepared mn.
ger me supervision OF the commisaInn
NJ, ~ S9n'peteht engineers and experts,
VINO go over the railroad under investIl
gation and carefully survey and itenn
lze all OF Its property, inoiudIng e.,
franchises and appurtenances rhaS s
ascertain the value OF each and every.
,,''e, unu o. every Item, from spike
70 an engine. from IA apadefiiI ~ an.
70 a tunnel. from q wagon orossin
70 river bridge-everythlng ~ rrs
the company. '"s'hs TO
after this work Is prepared. tho CON,
pany interested is given forty de,,t,
hotice, within which time ii may noin,
OUT any Item or part of the rsnnr,.
where the value Is placed TOO lou
other words, they are given hsar,sn
70 mat the commission may moi mas
any mistake in fixing the proper 1,ni,,o
OF every ITEM of the railway nronsrt,,
AFTER notice Is given and the onne
tunlty TO be heard 10 afforded thaF -,
values are established by the 49, ~ Tue
son and the reeorA is fied with w.
secretary OF state fSr public inane,,,a,,
am Tor use In determining Tho s,,,,,,,
OF stocks ana bonds that are lesri,i,s' ~
under the laws to be issued 10 ~
company In the future. ana ms Wy
upon which reasonable rates M. w"sls
determined. should litigation arisay pe
mem N the future. The law IL c 9,sr
Iully worded, and Is Acceptable ni,i,a
IN impartial public and to weIi. thi,1 ~
INF careful investors who wish 10 IN IN
CAPE me tricks and frauds IN, w
Oxen lmpai' the value OF raii,ya,t 70
ouritles. Literally effectively ~ H.
terins snd pains and penaities ma
hctiped, the law Will eliminate ths IL, ~,
ehd water out Of railroad bonda m anS
n,tueks that may hereafter be Iss,aS auu
IeNhn. II mQkaa thot, - =. .''N'p IN