The Montgomery advertiser., 1909-01-12

tos thoee 1already. preseribedf n respect. =; Tss SseIsion. rsha.rsd in the ,uais.ai states couffs durinE the syssr' refasiIs
 to fhe1 sppiication of the act flo reeuiats
 eotsmerce and suppismsntsrys scts ssrs
 rs,,. .@.T llRreseestisps. M ss.-a z. z:
 of criminal pr cssci tons stiii continlss
 to be necesssty. This work has zone
 year., year. sihcs Dsessnssr |. isos. f6rsyes,a s gsr.
 Indictments for -givinkT or receivinx fe-
 bates have been returned in the va {.
 rious tudicfaifdtetfictsl of the country.
 tions were concluded, Ttwenty-four by.
 convictions of pleas of. guilty in the
 trial courts, seven by ccpvtcfionss upon
 appeal three by 5sc9uittAi. one by
 of Appeals liter conviction in the tfiai
 court, and six by entry. of nolie pros-
 eQai before trial < E 'n ,. tss.S :, Y
 The diyisfon of prosecptions haseaiso
 during the year which have been, held
 not to be of sufilcteiit gravity for pros.
 ecutions, but which being of doubtful
 propristys have been srequired to be cor
 sArfanksmsnts by whichScarriers farm
 out aSportion of their duties to &hippers
 generally result in sdiscrimination. tn.
 der this s-hesding may be. placed the evits
 freiEht. ears. tn q allowance paid by the
 carriers beines ,afrequently excessive.
 Elevators operated by shippers aAd
 furnishing ef service covered by rail-
 less comsiete mdnopoiy Z of the grain
 busIness passing through them, Light, craze asrangesnents suhen. made bs$
 tween carriers and shippeEs are also
 ship Of cotton coInpresses bys shippers
 and the treatment of their servfces as
 . arailroad duty also works discrimina-
 tions in, the handling of cotton. Other
 sufhcient to say, however. that any use
 by carriers of instrumentalittes owned
 by sf1tpperssin the performance Of their
 obligatfons to other tshippersi usualiy the sownsrs of such tnstrupnentaitties.
 ,.l The decisions of the conrts during the year lust passed have with i've or threes exceptions, served to strengthen
 rheS ruling of the Circuit Court of Appeals Of the Third Circuit. that the commodities ciauss-of the act is ancon-. ssitutfopai as.seryed. to ernbarrnss. and ASconsiderable number of earriers are owners. of and dealers in commodities carried by them. Such ,carrtera succeed in practically every case in amonopoiiz- In which they deal. The commodities tnemseiyes to the transporfation 'busi- ness ssa Dr6nssss s5s to s,ys shippsrs
 "A uniform system- of .opefating Ae- :. counts < has been 9promulkated for ex. press compafies4 and electftc railways. ion of, the '.Comgiissions The ,Hnancial accounts for all agencies of, ffanspors-. atien. have been brought to a pelnts at which genetal aues stfons sof public pol. accouhtins,i claim. considerafion.Je In the matter of annual reports, ..also. many changes; have been made during the past Aear., Such reportei are now rs- sisetsio id 5sI asi1sys ssd from siesnins % ssr cofnpanfes.. The forms for reports oe steam rafiwayss have been hrranged 50 es' to, requifs a .asse .extendea sfepefs large sraiiways. :, A SD peoiais form ofsrs- port. has been Sadyfse0 for switching and terminal cofnppnieA. an well Ag fee ies- ser conpan niss which niaintatn financiss : TKe organization Of the aBoard of Examipers, by means Tof which it lis expected that the system, of uniform ac- counts prescribed .bys the 9Cpmmission stant attention durings the year, covered by this ,report;ss The plan 6f sorganiza. tion In its general outlines has 6een well defined, as well as for the purpose nations and :the rules and methodsstor conducting stliem. SF5- 1ks' tt ss,i. Fl[, 2 The Commission has in 4previous re ports expressed the >opinion thRGr 1t proyision for, & a D ShyS;osl gvaiusfi6n h N s Of of railway property. ana discusses at some length the various reasone which in- dtce it tosreaffirm its conadence. in jtpe. wisdom of such q measure. without making any specifIc. recommendation, the report discusses eAe means of prop CT regulation of railway capitalisa- tfon.. and the Commission bsgs this op: of expressing to Congress- its Judgment that some adequate method is required by the sinterests involved. s........,. 'f.f@
 Tine. report has, in past years .inciud- cd a statement, of the operating reve-
 lues and operating expenses. of rail- ways for. the fiscal year ending June issue. such statement having, been, com. piled from the annual reports of the fin advance. of theif- final com pileticn. The Bureau Of Statistics and such preliminary report 2, compilation ba asedy upon; monthly reports of revenues aud expenses received for the twelve months ending 2, June: sg. isos: 3This: re. operated during the. year of 22s.121 miles, the freight revenue was s1 .se5; fs:Sta. passenger revenue S6ss.- DS Dortation. sis7 7.s7s.7ss. 'S 1T revenue from operations other than transportation ssxsSass sss ssasss, lasSs oSel ,,Sss SsF pensen .wsTe<sI. .ss5. ,s7s. or ,S7.4ss per mile of line. leaving the net operating revenue S72s .53s. .S7s. :or $3s23e per mile of line. 'Deducting from, the net opef- ating revenue taxes in the sum of $SS,. se0.616 the net operating income f0v the year ended June 30s 1908, was. ss4Sgs per mile of fine. The ratio 6f operafin9 expenses to earnings aa shown by this