Daily press. [volume] (Newport News, Va.) 1896-current, 1907-08-20
Governor Speaks In Unm|stakabIe
Terms Of Railroad Situation.
TALKS TO new YORK NEWSPAPERS
He Declares That North Carolina Law
Permits Railroads to Make 10 Per
Cent. On Their Capital, and That
Is a Fair Profit.

NEW YORK, Aug 19-Govornor
Glenn. North Carol:na's fighting Exc
cutivc. who ~ hero attending the
hearing of the Southern Railway In.
Junction suit, said nj the Hoffman
House that he believed the railroad
rate war was in a fair way of being
settled In manner that was sntisfac-
troy to the people of his State
The Governor let 1t be known In
unmistakable terms that he was for
legislation that would cut down rail
road rates to even lower figure than
the two and onc-quarter cent rate.
which led TO the clash in authority
between the Federal and State courts.
u have no patience he said, with
this cry that the legislation ia our
State and elsewhere In the South,
along the lines we are urging is go
Ing to retard the development of the
South by frightening capital, hurting
the railroads ana In effect, killing the
goose that lays the golden egg. am
an industrial Governor. Only recent
ly prominent man wrote to me ask
ing what my position was on qucs'
tlos in which capital was Interested
told him. as have told others that
was an Industrial Governor | have
always made IT. point to protect cap
ital and protect the railroads from
anything that was unfair. But when
the railroads try 10 run us, then it is
time To call halt
Eve arc not afraid Of our industr-
nj development being interfcrcd with,
and we will protect capital just as
much MS we ever have. The railroads
in this instance did not stand for a
square deal. They refused to recog
nizc our courts, where we gave them
every opportunity in the world to
have adjudicated all the points involv.
cd, and to go from our courts to the
United States Supreme Court.
Il believe that the proper rcmed,
for such Il situation, and one tina;
would prevent the possibility of Il
clash between the Federal and State
courts. would be to have Congress
pass n law providing that disputes
within A state shall be passed upon
first by the highest courts in the State
before taken to the Federal courts
Was Ready for War.
"Only once did the North Carolina
situation become serious. Had Judge
Prtchard gotten our prisoner away
iipli' uo anu tihJHuhth juicy ISbHh
contempt. certainly would have
backed Judge Long up with every sol
der and every deputy sheriff in North
Carolina OF course, had President
Roosevelt sent troops into our state,
then we would have had to throw up
our hands, as one State could not
fight the Union. But we should have
appealed to the voters of the country.
and | think they would nave Lecn with
us.
There is only one way with deal
ing with these railroads. Tho point
should he Is railroad making
money. ana how much is it making
II it is making over a reasonable pro
fit then it should submit to a reduc-
tion In rates. The North Carolina
law permits the roads to make ten per
cent. That we know from our inves-
tigation and their own reports. |
think that is Il pretty good profit. The
law cxcmpts roads under sivty miles
in length and roads in course of con
struction'
Governor Glen said that people
Continued on Page Three.)