Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-03-15

of congress to hold an even balance
between these conflicting and con-
tending interests
Friends of the railroads contend,
urged Mr.. Tillman. that congress can
not limit the jurisdiction of the circuit
courts while on the other hand, he
added, 1T is asserted with equal EN-.
phasis that the power to create all
courts, other than the supreme court,
rests alone in congress, and that such
courts being statutory are necessar-
lily limited in their scope and power oy
the authority which creates them.
He continued: Il myself incline
most confidently to this view and nave
not the slightest doubt that 1T is pos
sible to properly amend this bill SO
as to prohibit the circuit courts from
interfering with the orders OF the IN
iterstate commerce commission by any
interlocutory order AS has already
been observed in connection with the
mower to fix rates. this question also
must be determined by the supreme
court should the proposed law be en-
acted.
.The senate must determine by It's
vote what shall be its attitude upon
the questions of court review ana IN
terlocutory suspensions. The whole
question at issue as to giving reilei
To the producing interests of the coun-
try reyolyes around this feature of the
bill If any decision Of the supreme
, court shall declare that congress IS
powerless to grant speedy relief thru
a commission it needs no prophet 10
Z Cf CllrnrtCp ana
, Indignation will sweep over the coun-
try"
Summing up the situation he SAID:
"It is impossible to deny tnat inns
great accumulation of wealth IN the
hands of the few is such a menace 10
liberty that the honest patriot STANDS
appalled, by the outlook
After commenting at length upon
what he declared to be the existing
system of Juggling with railroad prop
critics "for the robbery Of the masses,
Mr.. Tillman stated that this phase OF
the subject brings into great promi-
nence and Importance "the relation TO
congress Of the increase in capitaliza-
ton: whether it is the purpose OF
congress to compel the business indus
tries to pay dividends not upon the
real value of these properties but on
the fictitious value which has been
sought to be placed upon them by the
increased capitalization" Concerning
the application of the bill to this sub
ject he said.
"There is a dangerous provision in
this bill which, in my Judgment,
ought to be stricken out. and that is in
section Is. where the interstate COM
merce commission is told .to determine
and prescribe what will, In Its judg-
ment, be the just and reasonable and
fairly remuneratiye rate,ssiietc. The
last words are too elastic and am
biguous and can De construed to mean
too much that 1T would4be harmful and
dangerous for congress to enact into
a law. Fairly remunerativ rate on
what; the actual value or the fictitious
value of the properties? Are railroads
which now pay no dividends because Of
the immense amounts Of watered stock
to be allowed to compel che producers
who use their lines to pay dividend
on the excessive capitalization? Is con-
gress willing to lend itself to the
schemes of the railroad magnates
who have brought about this condition
wherein they levy tribute on the busi-
ness industries Of the country ana
compel the payment of the pound Of
flesh?'
Mr.. Tillman declared there can be
no justice in compelling the people a.
whole to pay dividends on watered
stock primarily to increase the for
tunes of men, already too rich. He
contended that "the poor dupes" who
have been led to invest their savings
in such stocks can better affor1' to
lose those earnings than to have the
labor of tie country saddled with the
burden of paying perpetual tribute in
the shapet OF dividends on dishonest
valuations.
Whatever else congress does or
fails to do he added, "tfle producers
of the country should be relieved from
such danger OF being compelled to
make good THE values of overcapftaliz-
ed railroads as turks in this innocent
looking and plausible provision about
fairly remunerative rates
Mr.. Tillman recommended that
amendments to the bill be adopted
which would give relief to the "anom-
alous and outrageous condition Of af-
fairs disclosed as existing in West Vir-
ginia."
Continuing, he said: "vested with
the rights of eminent domain to con-
struct their lines and granted hber-
al franchises and charters the rail-
roads, designed to be public carriers
for the benefit OF the whole people, in
the last few years have become rapid
Ely transformed into the veriest band
Of robbers-hig highwaymen who do not
thrust their pistols I'm the faces of
their victims and demand money or
their lives, but who levy tribute in
freight rates which are as high as the
traffic will bear, deny access to mar
ket, monopolize with brazen efBrontery
one Of the prime necessaries of life
coal-and in every way show their alb
solute contempt for the people and the
peoples rights.
1--WE should incorporate in the bill
an amendment which will compel all
railroads to make connection with any
and every other railroad, public or pri-
yate, and grant just. and fair traffic arr
ramgements: also a provision to di-
vorce absolute ely the business of trans
porting freight as public carrier and
the business Of producing freight to be
transported"
RUSSIAN OFFICIAL ACCUSED.
Warsaw's Chief Of Police To Blanc
For Political Prisoners Horrible