The sun. [volume] (New York [N.Y.]) 1833-1916, 1907-09-15

- ss sssuss " t~sss sss-s.s.
a - efpse~-s y y F~
Hssv Rssfs.s flssss~v g.
Ha sFHHs ssfNpu~s 10 80
~ flfs~ssss ss~-slusfss
nNess ~ 49, t,tHsisefss
e ~ -t~s. q 80 sg-ss
ruue ss,i~sv aNsts@ ~
u Hm fnfHs ssuss ~ . shsp
esf wfeFs eos ~ "a N@sss
ss W 80 is~ff anssev Gssa
fv V . iwps sss~ fH~v go
. s-s D., ~ ssssrssas
sNsr 50 s~sl - ~ ~
vet
a ehs .urtae . 49, ppsl,s
ss - t,flsa w sIri~v
..syirrei fNss 80 r-stss~r~s
.s aasissilu I~f,ss ssf susytsi
80 hfs .hss sNss sh-v ss.s
sta - fsif frasffHrHt fNt eTfiss'
sfas fHsins 80 'ks' iss-,~~s.
rsa % ~ ~ thsms-,ves sri ~ ~ rssgrsyy
Ha sa'its stytsyssrs q us,etl~ paH
.s. " go 49, rtsss ruu~s~s-sfv al-ss
a 80 Z uii4fs t~y~hs...-n,
w. ,lsy ssst
sHssvs = shs I ni'~i s,ss~. hsvs
fa fasv frIfu ~ tight q pul.lleitv
~. lows nr rsa-un ., .hps no ~tsl~@, 30
% s,fs-tnr q il,sls n~ol,et~- prrvtl~i
.N tatsatHN 10 lvs@.i ~ fsrts anl ~ .
w u = tt~ ec1n"nn.r gr,usspt~s
.IsIna ihs p'i-tn~-- q r-snss.rsss,on
% fue fls railways hsvs suffered
Ir. Dol 81 - .'t~h disst--t"n thsrr
hH. -r un h's ~ nnr-s-outns i~nun.
.Hff fier- hes tw-o ~ -,r.h COW. al
M GENT di--tl~.iun q N. fssrsprt
lart rrHi isfp a no cpY.,ry ~ has l+-n
'. nth~r e%cununiir qn~@sioua 'on-
.Es grrtlsr treatment ~ thi- suhi~,t
. H ,rpsFrs every inii vitspal With ths
.H Ii-r,i-strn. wv ,hl- champions on
HtH - q Tho isriS g,lrssiun. AMI 30
,s - thoroughly tho prin.
,ra sTn'itns th- monetary STANDARD
~.ra. y wears ago debated N every r,,r-
o., f..r lni
'.f' f'tlssv agitation has h~~o looked
Ur'. - t's path leading 10 pubic Office.
g. s'h -pm~ notable exceptions. puhlic
w. have adopted tho snti-railway sd.
~ imsr'cnn u~oyln are neither unin-,
49, unreasonable. md evidences - tho
srri aHo,'s ~ tho arguments thus made
ara multiplying Many men ~ all lines
= hur ncs~ nov reslire N. danger not
only 60 Tho railways hut to IN. entire lu-'-
rs-- %,otnmunity involved IN rc-tnrting
fa'ety Nseiopm-nt They soquie-,~ fully
80 ..crv sound argument for tho far and
iI.' treatment ~ those engaged in the
h~u-'n-~s ~ providing highways for Amer
van coinmcrue and ~ carrying American
products IT, market, hut more than mere
passive acpuiezc~ncr 10 nes.ded. and thep.
men in their own interests should be urged
L., l.g,.rta astaye tt.thtupN .lE.aatA. II
souud pohtics."
Referring TO tie dhues 81 tho railways
Ia provide efficient service at reasonable
rates and ~ av"id discrimination. Mr..
Finley said that thps" were policies that
he railwsys ol tie United States were
endeavoring 10 carry ont. Railway men
knew this. and students of transportation
problems knew ~. Int the great majority
Of he American people did not know u
and could not. unless railway men should
make II clear that ~" railways reslls
'uuv their duties 20 the public aud were
striving ~ perform them He advocated
me settlement Of all controversies by direct
regulations between the railways and their
patrons wherever this was possible Ton
unuing Mr.. Finley said:
The public has demanded the night to
NFR'lldNt llG CtNNittb " NuN NOuitNtN . III
the power Of regulation within constitu-
tional limitations has become an cstab-
lshel fact. u is accepted by the carriers
q az established governmental policy.
But this power carries with il an obligation
10 protect. 10 must. IN a practical way. Ire
recognized that these carriers are business
enterprises. and that the rcgnlstIo, to
which they are subjected must 10 a busi-
-. ..-l....l ..,l.-. W.
must strive at all times To keep the trans
portation problem in the region OF econo-
mic questions. on a higher level than that 81
partisan politics. We can then safely rely
90 Us conservative solution by the intell,-
gence Of the American people,
These carriers can no more stand being
made the football Of political parties than
any other business enterprise. They pos
sess no immunity from the operation of
economic laws. II they are to he SUCCESS
hi there must he for them. as for any other
successful business enterprise. "A proper
margin between receipts and expenditures.
ftheir expenses are to Ina increased by the
demands Of labor. by the price Of supplies,
hy the epaCtions OF law and by other causes
beyond their control their revenuee must
be protected from unreasonable reduction
or the result, in obedience to an irresistible
economic law must he Destructive. II IL
necessary in the interest. not only OF the
carriers, but Of the national welfare, that
this destruction shall be averted. II can
he done only by q conservative and con-
s%trlctive policy.
The process Of pulling down and Of
destroying the old has continued long
without abatement. IL may be safely
concluded that such abuses as were in
existence nave been sufficiently exposed
and curbed for the process OF rebuilding to
begin There can be no permanent policy
NJ destruction. The welfare OF the country,
the interests Of it's commerce. and the
prosperity Of its citizens now demand tho
establishment OF = now basis OF stability
~ the place Of the old conditions which
have passed away. The fundamental cor
nerstone Of the new structure must be the
authoritative reannouncementof the propo-
alton that those who invest their private
means in the establishment OF transporta-
ton facilities nave not placed them beyond
the protection Of the Constitution. Other
wise there will not be hereafter any
Investment Of private mean In these enter
prises and the value Of existing invest
ments will be destroyed
After pointing out that tho ability OF the
hllways To meet tho re~uuirements OF the