The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1908-08-14
HARTMAN TALKS
OF PROSPERITY
But He Warns The People Who Grieve
Him BY Opposing
Railroads.
BETTER TIMES ARE AT HAND
The Magnate Says The Worst Is Past
And Bushes Aspect
Encouraging.

CHICAGO, August 3.-Although it
was hot day and in the vacation sea-
son, e. H. Hartman the railroad
wizard" found time here today TO
give out an interview which was\ a
trumpet note of economic and financial
optimism and a solemn caution and
warning to the American people. In
cidentally, Mr. Hartman took a rap at
the Hepburn bill.
This is the first time Mr. Hartman
has discussed the supervision of rail-
roads by the Federal government, and
pointed out it's defects as seen through
the eyes of a man who controls $4,000
miles of railroads in America. He
emphasized the statment that he was
against the Hepburn bill or any rail-
road legislation unless it carried along
with the provisions for publicity and
regulation also protection for the rail-
roads of this country.
Hartman particularly called atten-
tion to the fact that he had stated his
objections to one-sided railroad legis-
lation to President Roosevelt when ne
conferred with him in 1905 and that
the same year he had expressed these
same views in writing to William H.
Taft then Secretary of War.
REGULATION AND PROTECTION.
"The Hepburn Act in itself would
I,n cold Hr Hartman
speaking slowly and deliberately, as
though he intended that every word
should carry weight.
Il said when 1 talked to Mr.. Roose-
velt," continued Mr.. Harrison, 81 fav-
| ored regulation and publicity if coupled
with protection, so as to permit the
movement of traffic along lines of least
resistance and at least cost. This can
only be accomplished by cooperation
| between the Government and the
transportation lines. Unless they are
| willing to grant the one, they SHOULD
not enforce the other.
The principle Of regulation is
proper and the method should have the
most careful consideration by those
qualified to do so-as / told the Presi
dent"
Were you in favor Of the Hepburn
bill, introduced in the last Congress?
81 was-with the provision for pro
lection as I just outlined"
PANIC is PAST.
g 40 raoopt 6nunpiq
E distress Mr. Hartman declared tina
the worst had been passed and tina
money is becoming more plentiful. II
! said, however, that the people mus
) cease viewing the railroads with tn
constant eye of suspicion. He declare
that he entered into the recent dec
affecting the Gould roads to save tn
!. situation, but he declined to disclos
= any details of the settlement betwee
}, Mr.. Gould and himself.
n The money scarcity he said, was du
d to ian Abnormal condition of the pull
lie mind" And he plainly limited
the Federal antitrust war as the in
e mediate cause.
After imposing on his questionei
the obligation of quoting me for ju'
what 1 say" Mr.. Hartman settle
d back and intimated that he was read
e to be quizzed.
e PROSPERITY ASSURED.
Q "Is the advance of securities just
: fled by conditions, actual or prospet
J. tive?" was the first question asked.
e YES" was the instant reply.
C. have every reason to think So"
e "How long will this advance col
2. tinue?"
u Gas long as conditions remain ma