Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-11-19

line Of business where there is no
much chance Of lpss, or the produc
which they have 20 sell T. one OF tbs
y necessities Of life. r. naturally be
comes more Of a staple tntcstnneut
But YOU take u corporation where tn
l%chanccs are many ar 70 whether !
VIII be- q success or not, there mus
NATURALLY be some additional Induce.
ment Tor the capitalist 10 invest his
~IrnoneS, and, upon an investigation
should this corporation desire to Dor
row money. 81 must show that II is
abb, 10 earn an income which ~ill
take clrs Of its operating expenses.
pay q mir dividend To us owners and
provide a surplus 70 take care 81 IN
usual expenditures necessary during
the year
MI. Copeland said that during the
lpast year the Santa Fe earned XlV6--
9sg.VVg and paid out in operating the
road. including taxes. 1900. 600 Tho
Interest on tne company's bonds OF
I&GGo, B0e,000 VAS &i2.seG so the difi-
1eud pni1 on t2i9,e0e,0e1 was &i4-
000, 09a. The COMPANY set aside Tor
lbeltermeRts "a. 0on. 600. leaving q sur
pius of Sse9,ooo at the ciese o. june
1919.
SIR Copeland asid that the inter-
state stofaneree commission alrea3
has checked up the santa Fe and
Knows what fhe company PROPERTY
consists ~ and what the company is
carving on lts capital account 'The
public hr aaid sean lake ms iie-
nrts with safety. but il does u1t has"
r. depend ll,nu ms statement unslp-
ported The interstate commerce
commission mas entire supervision
.pNeT uur accounting department The
commission tells us tpw see shall keep
our books and we ore checkrd u.s. reg
.uIarl3. same Hs % bank examiner
ehefks ap the local hunks Lately
tventt experts IRON the interstate
commerce commission iolrutNed to
fHHtFa nd checked orr accounts
from leI 10 bottom. a Stnta 70
sfYtenient therefore csn De- depended
upon N 10 absolutely correct. hay
tns she approval 1T the commission.
There is q receipt on fflr ia ms office
for ettty bin raid by the Santa Fe.
.incladfng the cost ~ additions ald
bettermeuts. and the interstate eofn-
merss .emmissions experts nov
fhnt t8e momeN mas been expended for
Ga tHrt.ose Intended.
MI Con eiand quoted from au cdi- !
tnI4ai ~ the Daily Capital urgine /
kHHsis 20 encourage the establish !
of industries by reasonable tax /
ITO itVs. Endorsed the editorial
AMI safd that the railroad The great
Industries in the state also need
ga cnceura cement ia their business.
Tina advertising IL one ~ the
THAI counts for a great deaf IN !
work is the opinion Of j. 81.
general passenger agent for
santa re. who talked with the
Hub members Of the advertising
used by the company and the
sifat good derived from II. both by
he road and tho people.
"Thc Santa re Is doing d great
anft IN the settlement and develop
Of the territory II serves, said
Council by liberal advertising
- ia" daily and weekly newspapers
In the magazines, the Santa lie
las helped 10 settle a great country
the work is yet 10 be completed.
Fine Santa Fe never stops. II adj
the farming. the dairylng and
stock raising industries and makes
he cuuntrv II serves q good place IN
hhteh 70 live. 1t prepares extra data
80 The opportunity Of the country
helps the widoawnke man. at
ain sucycss bY wen developed efforts.
This work is not philanthrouic. 1t
g done 10 increase the earnings Of the
Fe In the last fiscal year thr
santa re spent over $500, 900 for adj
ftfAiHlHk. ~ mailltilut pubUcity
agencies that cost last year over S90e.-
This extra expense for advcrtis-
combined with the excellent SER
ice of the road. has placed the SAINT
oe "a the top Of The great trunk lines
u the west
This position we expect 10 MAIN
u IN 80 doing expect to secure
reward that will he shared BY Kan
os and the people Of Topeka. We a.,
sk IN return your loyal support and +.
flendship.' !
J r. Jarreil publicity agent for the !
Fe. closed the program 0f ,
pccches with a story ~ was ~ story, I
ne language of which in pnrt was !
'hihese, at least Nj. 1arrrli said SO. J
as no ono was present who was =
90 dispute him, h was given credit
oi such and met the the greatest {
pprohRtion from MS audience Il was !
hr flni'hing cordini ta "a heavy menu :
"nsistlng of rates. conditions. figures :
nd railroad data and caused .ach J
nau 10 lciNe the room Win "a smile I
% hts tter aud % feeiins that the I
harmony luncheon was something A.,
Dot would pass down into the histop
thr Associations Interested ns 80 F.,
ceasion on which harmony and good ,
il mad Indeed prevailed. ,
=