The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-11-05
Lower Rate Increases In
come of Railroads
WILL UPHOLD LAW
II Business Men VIII Persuade Rail-
ing tho Governor to Violate
It. and Railroads VIII
Obey Law Everything
Miil Work oat
All Right
All Right .,ssSs.n~aA
Especial TO News and observer

Especial TO News and Observerl
Atlanta. Ga, Nov. 2-Just before
leaving Atlanta Governor Glenn. or
North Carolina gave out the following
Interview:
My trip To Atlanta has been very
pleasant and In my Judgment, profit
able. In our conference every phase
of the railroad situation In the States
OF Georgia, Alabama and North Caro-
lima fully discussed and every
possible suggestion consistent with
the laws passed by the legislatures Of
our states looking TO the harmony be
tween the states and railroads, was
given careful consideration. As a re-
suit OF this conference the people may
rest assured that nothing viii be at
tempted in the way OF settlement, that
does not fully accord with the laws of
the states OF Alabama and North Car
olfna or the powers granted TO the
Corporation Commission OF Georgia.
From information obtained by the
Corpora ton Commission of Georgia
from the railroads ii appears that tho
fares collected undor the new passen-
ger rates is in excess OF the fares col
lected for same months IN previous
years. The same condition is true In
North Carolina. :, has never been
contended that the rates under the old
law were confiscatory. then how can
IL be so under the present law, when
railroads make more money on ac-
count OF the increased travel incident
to these reduced rates?
Business men (and | think / can
speak for the Governors of Georgia
and Alabama also) may rest assured
nothing will be done TO depreas the
values of our products or To lessen
confidence in our securities. but thsy
must not expect me Ut a suggestion
n1 fR
Injuries the people. when after care
full and full investigation OF the re-
turns made by the railroads them
selves, l am fully convinced that the
present receipts from the rates hxed
by our last Legislature is more than
was received under the old rate. III
some of our business men would stop
trying to persuade me to violate the
law passed by the Legislature. which
under my oath. it is my duty TO main
tain, and which i have no right 10
alter or repeal and viii turn their
persuasive powers and influence to-
wards inducing the railroads 10 obey
the law as passed, until II has had n
fair test, they would be doing a much
greater service to their State.
How can the railroads expect their
stocks not to decrease in value and
confidence in their roads not TO be
shaken when they for the purpose Of
trying to mould public opinion against
the present rate bill, go about saying,
the rate laws have ruined their bust
ness confiscated their property ana
DESTROYED their credit" when, II they
would tell the truth. and ii is the truth.
the new rate law had increased their
busin ass has added TO and not dt-
minished their receipts, and that the
present stringency in Wall street and
elsewhere has not been &C used by he
passage of these rate laws. but for
lack of confidence in the character OF
their stocks and their methods OF do
ing business, then public confidence
will be restored and the people seeing
that the railroads are obeying the
law and reforming their methods VIII
give them their hearty support and
good will, thus aiding them to largely
increase their revenue.
"A railroad cannot exist in a hostile
country and a people VIII be hostile II
their laws are defied. Let the rail-
roads as creatures of the states obey
the law and they will have full pro-
lection from the sovereign State. and
II after fair test the rates fixed are
too low (though in my Judgment IL
will prove that they Will increase re-
ceipts) then the railroads may rest
assured that the state will do what
is right
Il appeal TO the railroads and all
of the people TO assist me in uphold
ing the laws Of the State. thus 70
storing confidence and good Viii, and
/ appeal TO the railroads to stop their
litigation which will result In no good
to them or the people, but only en-
tail i'll will. and let Us all under the
law giving IL q fair test. await re-
suits until the next meeting Of the
General Assembly. when. If the rates
fixed are sufficiently remuneratiye. the
present law will be allowed 10 stand
and If not TO be changed in accord
ance with what IS right and Just To all
parties Let all law abiding clti-
Zens use their influence TO the above
end and in my opinion results viii
Justify the wisdom Of the last Cen
eral Assembly in fixing the rates In
our State as now constituted.