New-York tribune., 1907-01-23
DEPEW ON RAILROADS.
FOR FEDERAL CONTROL.
Senator Speais at Transportation
Clubs Dinner.

Senator chaunoey NJ. Depew spoke last night at
his rst public dinner since HIS health broke down
more than year ago. II was the eleventh annual
dinner OF the Transportation Club. OF which the
Senator is president IN its home In the Manhattan
Hotel. He acted tOastmaster and seemed 20
have recovered all his Oldtime power an after
dinner orator. The after dinner speaking was
given TO the discussion OF the progress OF
railroads, and the Senator gave review Of the
development OF railroad transportation since hs
became connected with the New York Central,
forty years ago last December. he said he Yves IN
favor Of government supervision and control OF
railways
Referring 20 the feot that he was absent from
the dinner OF the club last year for the first cme
in iis history through the first serious Illness OF
his life. he SAID: We OF the Hudson River stock.
with frugal living and hard working ancestry.
require more than campaign TO knock US out"
Wien the doctors had given him up. he said. be
suddenly remembered that IL he did die there
would be political asset for somebody TO ed
minister. Men whom he never knew 20 care for
him before became uncommonly solicitous in re-
gard his health.
Senator Depew then sketched the development Of
railroads and spoke Of It IN connection with the
prosperity OF the country to-day. For the first
time since the days Of George Washington. he
said, there a labor famine
Just here a guest interrupted IN rather aggres-
sive tones, els this situation due to the railroads
20 the natural resources OF the country
That's al right said the Senator in a sooth-
and repeated his question. amid cries of Keep
stiu,"
Don't pooh about this" he said: Il want an
answer
I don't answer questions replied the Senator.
NO; it doesn't seem that you do" said the bel
ligerent man. I object 10 your giving the credit
the railroads"
'7Whnt are you going TO do about IT." said tbs
Senator.
The man Was about reply. but was finally
silenced by those about him. and the Senator went
with his speech.
Referring TO the relations OF the government to
railroads Senator Depew said:
I am not one OF those who fear that socialism,
into unwise practice are 10 be carried into erect
i believe that these great corporations should be
under the rigid supervision OF the states and OF the
general government While It is plain that the
way property and the sort OF mana cement that
snaerous results beVond the tTnarfnation TO pict-
ure II is also demonstrated by the experience OF
the older states which have railway commissions
that supervision and control promotes both the
public safety. the interests OF the produelng and
who. as capitalists or savings hank depostors,
derive their incomes from railroads in bonds and
The American people want more railways built.
should have fair return upon their money. The
fy depo-fts in savings banks and other institu-
fiOns and that vast army OF labor. comprising one
srity " are the substantial basis for the safety OF
the present ana growth OF the future.
In ammo lncing Senator Depew. George n Daniels
said:
] have Just received an important message from
washington, in the shape Of the president OF this
club ] ask you TO drink 20 the health and long
life OF Senator Depev.
Ex-Attorney General Mayer made short speech,
after which Senator Depew remarked that he won
dered what would have happened 20 Mr.. Maysr
hEd BE delivered II when a candidate for office.
wrong, 81 depended on the caprice OF an ep.
prsiser. The tdesl system was that which worked
out automatically and mathemstically and enabled
the railroad accountants know sust what their
taxation account he said he looked 20 the day
when the man having 20 do with great problems
would not be rz object Of reprOsch.
Logan q. MCPHERSON lecturer On transportation
ia Johns fop.ss University, said that the slamor
against railroads always subelded when there Yves
8 full and fair presentation OF the facts George Il
Daniels sad he believed the present Investigations
OF railroads would show them 20 5e the most hon
estly conducted basiret0es Ia tire sscsIat-y u. H
BoardTnan, EDITOR Of The Rzll-Oad GaEe-te. also