The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-01
WOULD PROMOTE
GOOD FEELING
sheet Of Railway Association
Is Organizing Good Humor,
Not Gloom.
EQUIPMENT IS BETTER
THAN in FORMER YEARS
Efficiency Has Made Up In
creased Cost, Is Testimony
OF Manufacturers.

WASHINGTON, Nov. So.-George A.
Post Of New York. president OF the Rail.
way Business association. testified before
the Interstate Commerce commission to-
,lay that the main purpose OF his organ
i2ation was to promote friendly relations
between the railroads and the public
scrvative talk Is better than vitrolics
we arc organizing good humor, moi
gloom
Mr.. Post declared the purchases of the
railroads had diminished very markedly
in the last four Ave months.
The official reports Of the roads to the
commission, interviewed Commissioners
Prouty. Indicate that the increase in
maintenance Of way and equipment are
greater How do you then account for
your statement that your business has
been falling off,
The falling of dates ba elk to the Isl OF
june. replied Mr.. Post
DO You lsnow of an instance where the
railroads have suspended any work OF de =
Lelopmen, already begun" persisted Mr.
Prouty.
Not al this moment" replied the wit
ness.
Herman Westinghouse, vice president
of the Westinghouse Air Brake company,
declared that air brakes had n much
higher efficiency than five years ago; that
A train could carry 30 per cent more load
down heavy grades. and that he believed
the increasing price of from l2 to 10 per
cent had been made up TO the carriers by
The increased efficiency, Asked as TO
whether any Westinghouse officials were
also railroad officials he said he had no
Knowledge that such was the case.
w. H. Marshal, president of the Ameri-
can locomotive company, testified as To-
the absence OF railroad officials from tina I;
company. Railroads were not paving
more, he thought, than heretofore. for
freight. although passenger edulpIucnI
was higher lie thought there had been
an cdcctrNc Improvement In engines as
freight carriers while the price per ton
decade
Charles IL Jones. president Of the Com
in9nweaith shoe and Leather company
sad the propesed advances would sorl-
cuFiN ulSailaEgc the shoe industry.
Railroads Overcapitalized.
Clifford fhorne OF Washington. Ia
state railway commissioner elect counsel
FOR The Corn Belt Meat Producers ssso-
ciaiion and tho Farmers Grain Dealers
aSsoc!a ton contended that in four states
alone tnc railroads had been ovcrcaDi-
t2li2cd by 500. .0O0. coo. Thls wns based
oa statistical summary Of the actual
physical valuation OF l35 properties hav-
ing combined capitalization OF more
than 81 900 0Uo. 600
Mr.. Thorue coniendcd that railway net
earnings have been increasing faster than
thci' expenses and that The credit OF The
roads Was good. He urges that the ONLY
proof offered by thc railroads TO support
their argument or credit impairment was
th3t they could not market per cent
bonds at par. AN ability which he regard
credit. l'c said railroad securities arc
moro desirable TODAY than Eve, ten flf-
teen Or tweot= Years ago. sud command
highsT market prices than those OF other
public utility OF Industrial companies.
Tell your troubles 10 the commission
e." mas the only consolation President
John Lawrence Of the Lawrence company
OF Boston and New York testified lie rc-
ceiyed from the railroads when he tried
10 talk TO them al bout advances which
meant $4,000 Increased cost annually 30
his cotton piece goods business
Candy a Necessity.
Edwin f. robes OF Boston candy
manufactures. ccntendc1 that candy is
necessity end moi a luxury. Attorney
ButterGeld, for the New York Central
lines. forced him 10 say that he saw no
reason why sugar. unaffected in. the pro-
posed advance and = big factor in tho
candy business. shopId not bear it's share
Of the Increase. He said the increase
WOULD take OF half OF his quarter OF a
cent profit on the and S cents q pound
cau6y. and that in the east his candy
goods jolibed At % and 40 cents a pound
We're sold by retailers a from 90 cents TO
$l.o0 q pound
Charles I, svartz Of ST. Louis. repre-
scntiug tho National and Western hsso~