Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1908-12-10
Tvs that properly safeguard their in

laws that properly safeguard their in
terests
The development Of this country
since It's independence has been car
ried on more rapidly and with reater
wisdom than any country Of the
world; but to further develop it's re-
sources expand its trade. and do W hat
is necessary to bring it up to the
standard which it merits calls for
greater work In the future than has
been accomplished in the past
Tho first essential factor in build
ing new country ls the locomotive.
ihe second. the pillow; and when pulit-
zeal agitation unnecessary and re-
strictive regulations, act as a humping
post to stop the headway OF the loco
motive, they stop the future progress
ana prosperity of the nation.
"lf that vast domain west and south
west of Chicago. which is so rapidly
turning its grazing lands of the past
into farming lands Of the future. Is TO
have the same mileage OF railroad to
an equal area as the country east OF
you, the present mileage viii have to
be increased 100 000 miles of new
railroad. II was from that section Of
the country the packing houses re
ceived their grass fattened cattle prior
20 the advent of the railroad, while
now many Of the large pastures are
owned by prosperous farmers who
have SO increased their produetiveness,
since the pasture days when ten
acres were required to take care Of
one animal that the same ten acres
now produce 460 bushels Of corn, 800
bushels OF wheat or eight bales OF cot
ton.
The country now needs rest from
further regulatiye laws until the rail-
roads can adjust themselves to a COM
plance with those which have been
enacted If they are found to be mad
equate, they can be changed or modi-
fled TO fit the emergency, with fair
ness to hoth the railroads and the
public
'All work necessary for the proper
upbuilding of country like ours can
not be accomplished alone through the
railroads, our waterways must have
the attention of the federal govern
ment under as broad and comprehen-
sive a plan as the policy pursued by
our bankers in finding capital to build
up our splendid railroad systems
Compare the work Of the government
in furnishing water transportation,
where nature has provided the rivers
and only awaits the work of con
tractors with what has been accom-
plished by our financiers and CON
tractors in building our railroads OF
100000 miles to an efficiency capable
of moving the nations traffic and It's
population, adding untold billions In
wealth to the property owners OF the
country, and consider what our prop
erty values ana our transportation ia
cilties would have been had the gov
ernment kept pace with the country's
progress with the waterways. TO put
II another way: II the $4,000 miles of
railroad OF this country at the close
Of the war between the states had
been under government ownership
and control the same as navigation or
waterways. where would We have been
today in the Nations growth If they
had done no better for the public in
furnishing rail transportation than
they have in furnishing water trans
portation
without crticizlng. but only as an
take the Panama canal. a
splendid and magnificent work and
probably an instrument of national
peace, as well as a means of shorten
ing the water distances between the
Atlantic and Pacific ports II the gov
eminent should expend as much |
money as the Panama canal will cost
In the improvement Of our water
ways. turning our rivers and their |
tributaries into arteries Of commerce,
1t would be of untold benefit to the
entire country
Every generation has its problem |
10 solve, and the most important one |
for us Is the question of transporta- |
ion between the railroads and the |
public on a basis fair to both. No |
agency can be as effective In standing !
as arbiter between the people and the
as the strong arm OF the fed
,rul government All railroads engag
I'd in the movement of commerce be-
ween states should be under the CON
rol of the federal government rather
han forty-siX state regulations
Railroad pools should not be legal
Zpd. pools are secret UNDERSTANDINGS /
between the parties to them. but rail-
'oads should be permitted to enter
nto open traffic alliances, subject to
he approval OF the interstate com
nerce commission. which would safe
,uard the Interests of the public. The
anne federal authority should author
ze the issuance of railroad securities.
hereby protecting the investor
galnst capitalization.
''The capitol at Washington will
hen become tho Hague" of the ma
ions railroads and lis commerce.
where peace conferences Will be held
o settle the questions arising between
he public and the railroads fair To
9th. and without political influence
r favoritism 10 either
Thomas Burke. Of seattle Wash
iscussed The Commercial Relation ,
hin Of the Pacific Northwest and the
lricnt"
MhN CEPNE