Daily press. [volume] (Newport News, Va.) 1896-current, 1907-02-02
PRESIDENT TO DROP
RAILWAY QUESTION
He VIII Not Ask Additional Rsdl.
cal Legislation Unll The Six
tlslh Congress Meets.
P0sIP0Ats The BIG CONTEST
Great Fight to Determine Whether
His Party Dominance Shall Con.
tInue Goes over-Wsnts Coal Lands
saved-Plans to Reserve All such
Areas for the Government.

WASHINGTON, d. c.. Feb. t.
President Roosevelt has allaycd the
anxiety OF certain persons ana inter-
ests which feared he was about to
begin Il campaign for additional rad,
ical railroad Legislation with mes
sage to Congress. He has decided to
send no message at present. AT the
same time he has let these persons
and interests know that he intends
to nsk the Slxtieth Congress- which
will meet next December, for radical
legislation
This means that the great fight to
decide whether or not Mr. Roosevelt
shall continue to dominate the Re
publican party will he fought in the
long session, which VIII sit until
within few weeks of the Republic.
can Convention of 1905. Tho Prcsi.
dent sees In practically every move
made against his policies Il purpose
ny great financial interests to pre-.
vent the nomination of man of his
type and Insure the nomination Of
one he will consider "reactionary."
Although dcferring the campaign
for more railroad legislation until
next session, the President Is bent
upon having the present Congress
pass measure which will conserve
TO the government all coal lands In
the public domain.
Having decided not to send any
message to Congress at present, Mr..
hi . a. r
sending mt some future date n letter
to the Interstate Commerce Commits.
sion asking It's recommendation for
further railroad legislation. This
letter Will be plain spoken discus
sion of existing conditions MS the
President has found them.
Control of capitalization.
The inquiry of the Interstate Com.
merce Commission into the methods
Of the Hartman roads has furnished
the President with food for thought.
he now has general idea that what
Is needed is extension of federal
power over the capitalization of rail.
roads. The idea of commission to
supervise all stock issues. to he gov
erned by the fden that every dollar
OF capital would be renresentcd Inv n
s'''''' w ihNNs'iitNiIt' dDpGulcu 10
him with great force.
Such n Dlan, coupled with the idea
OF national incorporation of railroads.
was suggested by Senator Nowlands.
Democrat. of Nevada. mt tho outset
OF the railroad rate regulation fight
IN 1905, but 1t was considered mt tho
time too radical The complaint has
been recently carried to tho Presi-
dent that half n dozen Western Leg
islatnres were bent upon radical leg.
isiation which would injnre the rail.
roads. and appeals have been made
TO him to use his Influence to abate
this agitation
President Roosevelt has expressed
himself as unsympthetic with this
Kind of agitation, The idea has been
advanced that If the government ex.
ercises function OF limiting capital.
ization the necessity for State iegis-
lation would be largely eliminated.
This has appealed to the President.
and his letter to the Interstate Com.
merce Commission will probably deal
with this phase of the contradiction
theory Endorsed by the administra.
ton.
Policies for the People.
When the warning that business