The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1910-12-07

s " f. = aI. as. * rFa- - So 4I
able o do q great many taings eco
that II new organization
were necessary 1t would be impos-
sibie to ads without extraEagant ext
penddture. That 10 the reason why
the poetal savings bank can be car
ried on at small additional cost, and
why it is possible to incorporate at
very inconsiderab.e expense parcels
pcssin the rural delivery system. A
general parcels POST will involve q
very considerable outlay.
sFreedmen's Bank.
.Sl renew my recommendation that
the claims Of the depositors in the
Freedmen's Bank be recognized and
paid by the passage OF the pending
bill on that subject.
s@ : Negro Exposition. ''
also renew my recommendation
tnat$ steps be taken looking To the
holding OF a negro exposition in cele.
bfatioh,. OF the fiftieth anniversary OF
the issuing by Mr., Lincoln of the
emancipation proclamation.
lnterstate Commerce Commission
esThare has not been time to test the
beheft and utility Of the amendments
toS the Interstate commerce law con
tained ii the act approved June IS.
t9i0.. The, law as enacted did not
coHtain all the features which I rec
ornn5eD It add NOT specifically
defounee as unlawful the purchase
|bYi one Of two parallel and competing
roads OF the stock Of the other. Nor
did M subject to the restraining In
fstehce, or the Interstate Commerce
CDni mfaslenl tine, power of corpora
|tioKs engaged In operating Interstate
|stAt lySasls DOL Issue new stocks and
|tDShas fnprsdia' IT. authorize the marx
|1ag Contemporary agreements between
Observation-Disclosures to...thirty days. fx,
Hing the same rates for traffic between
1.-THE same places. .;g Y. esstat
|ss.Igdo mot press the consideration ,of
any ossathese objects upon ,scongresa
| Ut this session. The object Of the
|fifst isayisIons is probably generally
cpsered by the antitrust law, The
second provision was ingthe act re
Efe.red to the consideration Of com
mission to be appointed by the exeeu
ltIde and to report upon the matter to
lcongress. The commission has been
| appointed and Is engaged In thetinyes;
litigation and consideration Of tht
question submitted under the law. I
consists Of tesident Arthur r. Had
| lev. Of Yale University. as chairman;
Frederick G. Strauss. Frederick n
| JHdson, Prot. B. III. Meyer. and Wal
tter 4. Fiahsr, with William e. s. Girls
Iwold as, secretary. !,
| The third purpose led to 50 mucr
misconstruction 81. its object that
an not disposed to press 1t for fur
| her consideration. 1t was intende,
TO permit tailroli companies TO ayo.t
luseless rate. cutting BY "a mere ten
lpoFarx actpiescence in the same
| rates for the same service over CON
Epeting railroads, with no obligation
Whatever to maintain those rates TO
any TIME.
| ~ Valuation Of Railroads.
| re Interstate Commerce Commits
sion has recommended appropriation
For the purpose 81 enabling it to en-
\ tor, upon a valuation of all railroads
Tnis has always been within tne juris
ilctiop OF the commission, but the re
quisite funds have been wanting. Sta
isties OF the value of each railroa,
would be valuable for many pun
poses, especially il we ultimately en-
act any limitations upon the power 0
| he interstate railroads to issue stoc)
and bonds, as hope we may. fthinh
therefore, that in order to permit
correct understanding Of the facts, 4
.ouid be yise to, make a .reasonab.
| appropriation, to enable. the lnterstat
Cotntnstca ,ceppission to procee
i with. due dispatch 10 the valuation q
| All .railroads- j have no, doubt tina
tailroad companies themselves ca
Ind will greatly facilitate. this valu;
ion aud make, It much less costly !
time and noney-than has been SUI
posed. .A
4 Z. ~, Conservation. n.
4 In September. last a conservatio
congress was neld at st. Paul. Z
} which / delivered an address on tn
: subject OF conservation so far as
was within the Jurisdiction an
| sibie action Of the federal f4,-t.
inent. In that address ass
from the official records the stdtfs.l
and facts as to what had been don,
In this benalf In the administrator
Of my predecessor and In my ow1
and indicated the legislative mea
lures which | believed to be wise |
order TO secure the best use. In I'll
public interest OF ~hat-remains Of o,
national domain 4, ~ IN,
For the reasons stated In the co
ser sation address, recommend:
First, that the limitation now il
posed upon The executive watch fc
! ads. bis, reserving mole forest Ian,
ID Oregon. Washington. Idaho, Mo
.ana, Colorado and Wyoming be r
pealea. N. .:s .,ss i