The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-03-19
cutting Down Expensea.

L
expenses at Washington. The esti-
mates for the next fiscal year are $4s.-
100000 less than the appropriations Tor
the current year. In the navy We cut
down $1o.o0o,o0o. but saved enough to
continue the policy OF two battle ships
a year until the completion OF the Pan
anna canal. That was one of the dear
est policies of my predecessor, the one
he thought perhaps the most of-and
would have felt the keenest regret TO
have departed from it in the first year
OF my administration.
II would like now to direct your at
tention TO the legislation which / hope
to get at this session of Congress. First
and most important are the amend
ments to the interstate commerce act"
The President then went into de-
tailed explanation of the bill which he
said he felt was not generally under
stood. He explained the necessity OF
a commerce court TO hear appeals from
the interstate commerce commission.
First of all it would expedite matters,
he asserted.
"The one thing" said the President,
which disgraces our civilization today
| is the delays of criminal and civil JUS
| tice. These delays always work in Ia
vor of the man with the longest purse.
! hence they work in favor of the rail-
roads rather than the shipper. The
| commerce court by avoiding convenient
delays of the past, will be long step
toward that regulation of railroads
which we have been looking for.
Traffic Agreements Allowed.
"a second provision of the bills al
| lows carriers to make traffic arrange
ments among themselves subject to ap-
prevail of the interstate commerce COM
mission. My predecessor, in his every
/ message to congress, recommended this.
The provision does not permit pooling.
1t allows that which the railroads have
| to do anyway whether the law forbids
/ it or not. In am in favor of allowing
the railroad, if run rightly and justly,
to run within the law"
| Other provisions of the pending bill
were taken up one by one The Presi-
| dent explained the necessity of giving
| the commission power TO readjust claS-
| sification of freights, to suspend in
| creased rates until time is allowed for
a proper investigation as to their JUS
tice, to supervise the issue of stocks
/ and bonds and to prevent watering, to
fix through routes and to give shippers
| a choice of routes. Lastly he came to
! that provision which has been the sub
Ject Of recent attack in the House of
| Represe permit railroads
| already owning 81 per cent of the stock
in another road to purchase the remain
ing shares.
! Some gentlemen seem to think that
| this gives the railroads too much lee
way" said the President 'As a mat
/ ter of fact it was inserted to give the
minority stockholders a market. If a
| railroad already owns 81 per cent OF
! the stock it is in control. The House
| committee has stricken out this pro-
vision, but my impression is that after
| full consideration ii Will be found adj
| visable to give this opportunity to the
minority stakeholder to market his
holdings, and the people least interest
| ed in the provision are the railroad
companies"
From the railroad bill the President
! passed to the postal savings bank
measure, which already has passed the
! Senate He said he hoped 1t would
pass the house. and he felt the enact
ment of the bill would prove the worth
| of the institution.
In the end he predicted that instead
of hurting the banking business, IL
| would improve IL.
Anti-Injunction Bill.
Next the President discussed the So
called anti-injunetion bill. That, too,
he said, presents some aspects thai