The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1907-03-15
EFFECT OF ESTLsEILRoED Eol
TETlOS

INA. aa.. Ia ..l a.a -HNtaN aa#H r-lsH
iIau.- lu the vsr.1gs states had made
% alm1st Impossible '0r the railroads
20 rezl-.-fe loans Oh tlel- Eeclr.-
'ues At th. safle tine. Morgan aat
.otle- raI;oaf maEna'es visites the
.fresi'en, ts re- his aid in .aIaginz
the public anxiety nsv thre2tenins
I 20 0h~rlc, -alr1ai investments and
Construction Co much beetei Nat.
.uraiiy Texas people will ray little
he'd ~ any warning % this charac-
ter from Morgan. vhJ has been more
.of a ra..rasi Spectator than . -..i-
.oad builder. but f-i.'heen, Texas
people attach much importance -
NJ Toakem's views no. o.,y be-
cause Do D.. u,'.ye son. bat because
be- las been throughout aI bis ca.
re.r railroad builder beside. Mr
Toaflm .is a. this tine engaged "a
building a great deal of mileage ia
Texas and De ls ia immediate con
tsr' Sl'h the difcllries Incident 70
'dsposiuz % railroad securities
Possibly a. 10 preceding time vas
there ever such universal hostility
- railroads Nearly all the star
legislatures which have been sitting
this year have considered or enact.
- measures more or less radical. AZ.
'ecting the railroads Of which the ?.
cent fare movement has teen most
conspicuous.
70 is not strange that such hostile
public sentiment shor.d result 10 a
large cIftailment OF railroad lnv,..
ments and especially that character
- Investment which embraces the
construction of new lines. Il is
quite true tha. the railroads are
largely 20 blame for the agitation.
Their. have been abuses uaeartheI
which naturally excited public indig
nation and which should from every
point OF view have called forth the
heavy hand oI the Law. but these
troubles we're due more 20 the viola.
tiOn Of existing statutes than 20 any
lack OF laws 20 protect the public.
Therefore. in the judgment Of the
Post, n would be wiser In most IN.
stances to rlHdly enforce the laws
and punish The guilty than 20 en-.
bark upon a scheme Of radical legls.
mtion the chief effect OF which
must be the curtailmout Of con.
'srrIctlon.
The Western section of the United
States is but poorly supplied with
railroads Experience has shown
that railroads penetrating sparsely
settled and meagerly developed
areas require liberal treatment be.
cause Of the long period OF time
which must elapse before the traf.
iic viii be remuneratiye. Tho rail.
road outlay must be made before
the people who make the trafic
will enter the opened area Capital
requires, therefor. az least D. as.
surance that the property In which
their money Is asked TO be invested
win eventually become profitable.
These things should b. taken into
consideration by legislatures OF sta.
ties Ike Texas. Despite the fact
that Texas leads in single.track mile.
age. our facilities are yet quite mad.
Iequafo when the vast area of tho
I. q. Z
lation of the state were concentrated
east OF the lOO,h meridian probably
I our present facilities would suffice.
Such is not the casa. Nor, tllu half
the territory OF the state @. awaiting
railroad facilities before it's resour.
ices can bc approximately developed
or the lands occupied There are
some slxty counties without railroad
facilities at all and they wiz never
develop until railroads are coastruc.
ted to place them in communication
with the markets Of the world.
u would be fortunate c.rcum.
stance If through the presidents in.
nuencc or through and other agency
the public anxiety OF which MIR Yoa.
kun and other builders complain
could be- allayed It Is certainly 10
De hoped hat with safeguards the
people Of Texas oniot against rail.
road ABUSES the Texas legislature
Twin not go 50 far as 70 discourage
further construction In this state.
80
| lt those congrcssmcn who have
! gone to Panama do not learn any
more about the canal project than
that other delegation learned about