The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
Railroad Magnate Win
for Closer Relation, !,
the Government.
SAYS THAT BOTH sIDFs
HAVE MADE Nls,
Holds That Prevailing All,
Has Been Largely Da,''
misunderstanding

NEW YORK, March III
ready to make the advance,
scheme of cooperation nat
Government and the r.Is|
chief interest" " said E. II b.,
president of the Union pu,is.
on returning today from W,,r
Mr.. Hartman declined 10 80
the report that ne had obt.;na. ~
Of the Reading railroad @ sr'
agitation against corporate ys
said;
THEY'VE. all of us-sho-,
considered the possible eiras
agitation before it was b o,n %
conditions that made II, orr g,a-.,
bic were allowed to co ,,t;nv.
had all met on common pronri
operated for our mutual Lenassa.
wonld be worrying over ths Z,
as it is today.
- We all made mista,ss !,
rea NE the mistake and I bsl,,'
administration at ashingtou !,
ming 20 realize that it has has.
too radical in It's attitpie 80
railroads. Henceforth ! Ioot :.
opposition take on more of n.
cooperation. ] believe tho rs;l..
expect 10 receive more even.bs,i3|
tice.
Getting More Light
- We men at the head Of "a. i
corporations on our part ar. /.
to a better understanding Of -
Government expects of ms. We,
ginning 10 get the point Of risz
administration. We feel ,h,t =.
now, all of us-the public. ths e
ment and the raIlTnys-on ~
ground, whore we can deal MI.
other in the right spirit.
. | m more than willing to n.
support 10 such a process oi -
men. ! m ready to make the ~
ment Of such Il scheme Of cons,
my chief interest. Surely ihtr
be few conditions imaginaMs /
would be Of wider benefit than /,
mate hostile friction.
" Railroad managers have. | ssr
to admit. in the past neglected 4
up strong, harmonious relstiouH|
tween themselves and with M
ernment and the public. This
had been left to subordiate oiifsI
the result has been that sucb ~
have been completely neglected (
we must take the matter in ~
hands in order 10 bring about
understanding and cooperation
Mistaken in POLICY.
"Our policy in the past has
mistaken one, bur 1T cannot I
that we have neglected our s.ra|
the public. When one cousidsn
the railroads have done TO devsiJ
Nation We cannot believe ihT I
been anything but bene6cll
marvellous development of ths
has been due IN a very large dss:|
the enterprise of its railroads
"Since the time we took hon !
system of railroads Of which n
s250.000.000 has been expendd i
building the roads. That has d \
done since 1900. AS another fusg
of what the railroads are doius Y
TO the general prosperity OF The y
| III tell you that the roads OF ~,
am the head purchase about u
tons of steel rails yearly. and
that period we purchased aboll
600 ties.
"All this adds TO the wclfSrs
Nation, and the development 4
which the railroads have done
some cases, as is now shown. res
the building up of so large taa
they are unable to handle il.
Combination really benslu
public. The public may thins
wise. but it viii learn the ra
in time. That time will CONT
If combinations are legalizcd ~
III control and regulation, as ~
before the Interstate Commel1
mission. but | think that VIII.
limit of such control corporatior
TO be allowed 10 combine az tne!
necessary or beneficial ).
Mr.. Hartman said the rallrcss
been frequently Mt fault bsss
their failure TO live up to fraI' y
mcnt. In this way there had
lack of confidence in their acts,
public naturally grew to lose c'i'
in their acts. =, w.
Restrictive legislation, MT. hnni
thought, must tend to reduce dns
unless met in some other way. =.
is plain. he said, that there I'D
of confidence by capital de w
price paid by the New iom
Haven & Hartford Railfoad CO.
for its recent loans IN France, n
AS to the money outlook ~
man said the present tension
TO react on industrial co'opeissu
81 know in a general way o.
around movement to reduce
That's common sense, he ssG
for our own roads, we are nss ~
business more compact ana Va IL
conduct traffic at less cost y"
have to come to higher frelgn', j,
Mr.. Hartman then loon aP 4,
cago & Alton reorganlSatiena:;, a;,rs a
that, considering the conoiIiySAi M
existed at that time. the roso
been overcapitalized. ws.,irf1
"Do YOU expect TO go 10 ""f ",co.f
to see Che President again S''
was asked. .so,sIy@
"The President knows wne,e !.
ne answered. eff he wants