Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1909-10-20
ADOPT IMPORTANT RESOLUTIONS
Announcement Made that Any Ad.
vance in Charges Will Be Opposed.
RAILWAY PAMPHLET DENOUNCED
Recent Literature Issued by Roads De-
olared Plan to Break News Easy.
REAL PURPOSE TO HIDE FACTS
Misleading Facts Laid 60 Men BEHIND
Movement 60 Raise Charges
shippers Reveal True
Status of Case. i.'


Status of Case. i''
--,
CINCINNATI Oct. ls.--That any pro-
posed general advance in freight rates will
disturb existing business conditions and
that such an advance is not Justified and
win be vigorously contested by the leading
shipping organizations OF the country.
was the tenor of resolutions adopted today
at meeting of representatives OF ship
pers and other commercial organizations
from many parts of the country.
The day was devoted to a discussion OF
the freight situation and It was deter.
mined at once to inaugurate a strong
movement in opposition to the contem.
plated advance N rates. committee beinG
created whose duty It shall be to propagate
campaign Of education of the public on
freight rates and TO have all OF the powers
of the general conference in dealing with
that subject.
Text of Resolutions.
The resolutions adopted were as follows:
| Whereas, Mr.. Q. c. Mccain, chairman
OF the Trunk Line association. composed Of
the Baltimore & Ohio Buffalo, Rochester
& Pittsburg; Central Railroad OF New
Jersey; Delaware & Hudsoni Delaware,
Lackawanna & Western; Erie; Grand
Trunk; Lehigh Valley; New York Central
& Hudson River; New York, Ontario 8
Western; Pennsylvania Philadelphia g.
Reading; Western OF Maryland, and West
Shore railroads, has compiled pamphlet
entitled The Purchasing Power OF Rail-
way Earnings and
whereas, Said railroads have assumed
the responsibility for said pamphlet by cir
culating same generally among the public,
and,
whereas. The avowed purpose OF cir
culating said pamphlet is 20 educate the
public, and,
whereas, The true purpose of said
pamphlet is to prepare the public for
contemplated advance in freight rates. and
.swhereas. Said pamphlet Is biased. par
tial and misleading ana gives only Sec
ton of the truth bearing on the situation
by omltting. among other things, the fol-
flowing facts and figures;
THE net income per mile of road of
railroads in the United States for 1907 ex-
ceeded that for 1897 by s1,5S4-an increase
of S45 per cent
; .oThe net income per mile of road in
group 1 (New England for 1907 exceeded
! by $40 that for 1S97-an increase of Al per
cent.
''The net income per mile Of road in
group II (trunk line territory for 1897 ex-
l ceeded that for 1897 by $2,525-an increase
of 40 per cent.
= The net income per mile of road OF the
roads in group III &C. #. A. territory for
l 1907 exceeded that for 1887 by $l'OOS-an In
e crease of 52l per cent
Surplus from Operation.
a ''The surplus from operations Of roads in
: group III for 1907 was $25s per mile greater
: than the net income of the roads in said
e group for 1897.
: The net income of all the railroads in
! the United states for 1907 was S4i9, ,46i 1Ss;
. for 1897, SSl. .257, sos: excess, 1907 over 1897.
Ss6s 2O3, ,6s2, an increase Of 45S per cent
'.The surplus from operations OF all the
railroads in the United States for 1907 ex-
; ceeded the net income for 1897 by $780,
g 0C5, ,7S5
3 '.The amount OF stock paying dividends
l. increased from s1GO3 549,S7S In 1897 to A94s,-
n 75e 2O3 in 19O7--an increase OF tS,345 225.
l. .'rhe rate of dividend on stock increased
;, from 5.IS per cent in 1897 TO 0.2s per cent
" in 19O7-an increase Of 1L7 per cent
At ''The revenue per mile, all trains Of th'
AZ railroads In the United states for 1907, wal
Slss2
g. The average cost of running trair
7r one mile al trains for the same year
n was 92.s cents.
"a profit, 45.S cents per mile.
., 'The revenue per train mile. all trains
:, Of the railroads in the United States 70
1907 was S2177.
THE average cost OF running train on
y mile, all trains. for the same year wa
s147.
- Profit, 7O.7 cents per mile
~ For 1907 the profit per train mile, al
trains, exceeded the profit for 1897 by 2.
~ !, cents per mile, an increase Of 5s per cent
e. PaEhphIet Declared Unbiased.
Now, therefore. be It resolved By ship
nj pers from all sections Of the United State
ng in conference assembled:
-" First That as said pamphlet does nc
OF set forth all the technical facts and
A. biased and misleading, said document
n not a proper one for educating the publ
=" and docs not fairly set forth the full lr
formation to which the public Is entitled
"second. That the facts do not justif
any general advance in freight rates bl
- on the contrary call for a reductio
thereof;
Third. That an executive committee
this conference be. and the same Is hereb,
created with all the powers Of this cor
ference and with full power TO act durin
any recess thereof
Fourth. That said executive commit,
be, and Il is hereby instructed TO prepai
a full and complete answer to said pampl
r let or other similar pamphlets, and
inoculate the same for the education
the public as TO the true freight rate 81
M uation, and for the further purpose
correcting any erroneous impression tn
IL, may have resulted from said pamphlet
other pamphlets OF a similar nature.
Fifth, That as any proposed sener
nd advance freight rates win disturb existiI
ilk business conditions. same is hereby o
di- posed and will be resisted by all legli
OF mate means
sixth That when this conference a
yht journs It does SO subject to the call
the chairman"