The sun., 1910-06-13
RAILROAD BILL AGREED TO.
IIkTIT TO BE PASSED m THE
gND OF THE WEEK.
s,.,,O.,on oT New Rates fer Ten Montla
instead sf SIX Dineront Glasses 81
TrleGraph Rates-TO Employ ExpeFts
IN inc Waiered stock investigation.

WARRINGTON. June "A tentative
,,,s.msnt m the Administration raihOad
nm Va. reached by the House and Senate
oorisrees tonight There will be another
,,..rns n the conference committee
tomorrow. when il is believed that the
,sr.smsn, will he made final. The indi-
,.,,on. arc that the report viii hs made
a he respective houses on Tuesday
and he leaders are hoPetil oi sending the
t,ll,o tho White House for the Presidents
ssrarrre before the end ot the week
me tentative agreement reached on
he railroad hill tonight came after q
session 'h,, had lasted practically all
ssv Tho subjects in controversy to-day
we're the Ionk and short haul clause. the
Senate amendment authorizing the Inter-
state commerce Commission to suspend
io- period 81 ten months a rate that s
ypdsr Investigation. and other minor
PROVISIONS.
Summarizing the measure a. Il will
70 -e7ortsA o. the House and Senate a
nsn-er 1f the conference COMMITTEES
ND that N the main Il would represent
all that vas good in the two bills. together
vi,h rhs so-rslled progressive amendment
adrrted rv the senate
A, ro-tays meeting the oOmpro mise
u the provision relating 10 stocks ard
herds was adopted This provides for a
commission TO make an inquiry into
alleged stock watering by all cOrporRtions
Affected by tho av-railroad companies.
telegraph and telephone companies and
express and sleeping car companies.
The provisions Of the House bill giving
he Interstate Commerce Commission
Supervision over the issuance Of stocks
and bonds was thrown overheard because
Of the certainty that II adopted they would
rovoke Democratic Senators to a long
debate
Included in the conference report will
h the section Of the House hill giving the
Interstate Commsrcs Commission juris-
dicton over the practices Of railroa de
-ther than those having a direct bearing
On rates
An agreement was also reached on the
House provision authorizing the majority
Of The Supreme Court. instead Of the Chief
Justice, AZ directed in the senate hill. 10
make assignments Of Judges TO the Com
nsFoe Court of Appeals.
Il IA practically settled that the amend
nsn' forced infO the Senate bill hy the m
,4rsel's giving the Interstate Commerce
CommI.si1n power TO suspend rates for
ten months will he adopted The senate
ooniers~s we're anxiOss 10 limit the period
ci suspension 20 eix months.
The provision in the Senate bill placing
the burden u proof on railroads as 10 the
relsonah ahleness u rates Questioned by
clippers was agreed 20 after brief debate.
substitute provision for the senate
lhd H7ls" amendments placing telegraph
nd telephone companies under the au-
tno1'y 4 tho commission has been re-
written The substitute authorizes tele-
gaTf and telephone companies n make
.lFsrent c,qssifcations of business and
% r-asoriDa different rates for tho various
t,s-ifc1'1ns. such a. day and night
Issslrrs and press dispatches. A. tho
frus017 wero originally drawn Il would
lave raan .nla wful for a telephone or a
'ssz pl almpany % charge lower
Hfs Or night than Tor a day message
"a over rte for press dispatches than
g oria~'ed IN other forms of business.
The conference report will contain the
senate provisions a. 20 the routing of
l-siEt' 'aavng u IN the power Of the
shipper 'r say over what lines his goods
shl" g.
H. Madden amendment in the House
..' sr'h0rzing a physical valuaiioa. of
1.irns1 property was thrown out The
Por.s r1rforeas had to yield on this point
90 order rp gain concessions in other
lrsa'.ua.
The PROVISION providing f1r the creation
q nn~mfszion ~ inquire in'o stock
va's-7g be- regarded az highly important
Under 'ha Government. Il IL expected.
vi. -rrdHr' tho most thorough investi-
ur7r mo- roo. subject that has ever been
rt'-'a,"1 ln the United States The
Pr''trr' authorized n appoint the
o7ur soon and is not restricted as 70 ths
lsr0lr" r. - the expectation that he
vii Engage experts and put them 70 work
% me- .0H -pon after the hill IL signed
Wlm
The President is very much interested
% ne eraormsnt of a Law regulating the
i'al1s NJ securities by common carriers,
al rho r1rfsr-ss believe that he will
mae every effort 10 lay the conclusions
n 20" nmmission before Congress At
~ To am."r session. To enable the
H".1s-' 'p carry out this provision an
~rrogra..pn n SIS g0O IL 70 no placed q,
be 1.-r1sa.
'harran Mann of tho House cOnfsress
ro'1 ol' for ths adoption Of the pro-
T'0r '.e House hill which brOadens
No meaning - the word railroad a.
- 'f" interstate commerce law
'1s section provides that the term rail-
'Ai shall .n"luie all bridges and ferries
- "r nr"raiei Ia connection with any
.tf1aI and aIso all ths'rOads In use by
''."ra'Ion operating a railroad
no '. .Fr"i pr operated under a con-
~ af"amslt or lease. and terminal
'.I'.". NJ "vsrv Kind used Or necessary
sTv
H'z'' dsp0ts yards and grounds.
l' ''I Ifh"r vehicles and al instru-