Bisbee daily review., 1907-02-27

asked the commissioner.
 "why, one hundred per cent. if yoa two or three more. You might take some other line 10 go right Into New York;"
 Suppose we had a line from New York to San Francisco. Il suppose that it what you mean; would 1t not be a good thing-net that wei have any idea of doing 1t. but would it not be good thing7"
 Suppose you get the santa
 Harriman-"You would not Ter us get it."
 Lane-"How could we help it?"
 Harriman-'I think you would bring out your power to enforce tns conditions of the Sherman antitrust act pretty quick. If you iwll let us will go and take the Santa Fe tomor row"
 Lane-"You want the powers of lhe commission still further inceased?"
 Harriman-"i cannot say that 1 do unless We have our own powers in. creased"
 Hartman Why, certainly would. I would not have any hesitation. lt is a pretty good property" Lane-~Then it is only the restric- ton of the law that keeps you from taking it?"
 Harriman-"I would go on as long as lived"
 Lane-"Then after you had gotten the Santa Fe, you would take the Northern Pacific and the Great North ern if you could get them?" Harriman-"lf you would let me. Lane-"Your power would gradually increase as you took one road after another so that you might spread not only over the Pacific coast, but spread out over the Atlantic?" Harriman-''Yes, but hasn't your CT ganization increased it's powerY i Undoubtedly it has; that Is what l am coming to. Do you tlfshk K the law itself should intervene and re strict YOU to use the money raised for railroad purposes or raised on railroad stocks to the actual improvement Of that railroad .or should you be allowed to use it for the acquisition of other railroads:"
 Harriman-'I think we should be allowed to use it for the acquisitions of other railroads under proper regu- I lation. As the law exists, the railroads are prevented from consolidating or combining. Take the instance of the Burlington, Great Northern, Northern Pacific. It was not good thing Tor them or for the Great Northern and | Northern Pacific to buy all the stock. J The stock, eliminated from the system | IF. 900 or 16,000 small stockholders. That is what they did. They turned those small stockholders from stock holders into creditors, so that they were eliminated from the development business on the lines of the railroad. They did not care as long as they got the interest on the bonds"
 Lane-"You want your powers fa' creased so that you can combine. You want us to give power to insure | rates" Harriman-"Yes. to regulate and su hand in hand with us. There is nc 1 other country in the world where i business interests are so antagonized 1 bv the government as in this"
 Lane-''Where is there another gov | ernment in the world which has given ] so much land ana money to the rall | roads?"
 HarTiman-f'But there is no coun
 trv where the railroads have improv I ed the country as this"
 LaneIIs it not a fact that every
 regulative order on the railroads is ? ! result, of some policy by the railroads | themselves2"
 Harriman-'1 believe you are right
 think the railroads themselves are
 moro to bIcme than any factor for the 1 conditions that exist today; the an tagonism ebtween the people and ieg | islc1sres and the railroads them 1 selves \
 | Lane-"You would take 1t tomor- row?"
 Cfasr Co+to, Raoy wanted at Ra