The sun., 1910-11-23
KNAPP TO THE RAILROAD MEN
gEtHS DNPTTITION NDRi
JHaN HDNOPOLl ~ ShS.
Cneerinx Wards Trom Itruh of the later
state tammrrrr tou'rnis-ian John
sianin an.i David Willard Also Ash
for Reasonable Pipiir Regulation

ASSOCIATION AZ IlH' NANtbIkH AeNbtld
declared that unrr-trnrncd competition
among the railroads i an un~Ise and
rni-i Ak en policy
1T i- out OF the question hc said. TO
have the presence 1t cump"tition and
the absenC" of discrimination. Ii Gov
ernment regulation, h" continued. ends
In disappoinr mcnt know You who ar.
Interested IN railroads that Government
Ownership. with all its social changes and
sll its perils IL ia" republic, - the only
alternative He advootrd lrgallZrd
cooperation and association between the
railE roads a. the only way 10 avoid the old
evils OF discrlmnatIon un the on" hand
and oI Government uNp"r~h,p un the
other
The dinner waS ia" second annual
affair of the association " hICh ~ made up
al meu interested IN III" manufHc'ur" al
railroad supplies t,eorg" \ Post. presI-
dent OF the ASSOCIATION, wa~ toas master
The other SPEAKERS w"r" Dlnl"l Willard
pYesident OF he Baltimore and Ohio Rail
road: Chairman Knapp, John tlatln and
Thomas \ DAILY
In his introductory address President
Post spoke of this crucial period OF our
railways. a phrase hat might h- taken
Aa a sort OF keynote of he feeling OF the
hig roonfu PrsSidenf Willard followed
Mr.. Post ant nticlpaiIng his plaC. On The
established programme hecans" he had
to catch tram To go To North Hart =
land VI 20 attend th. funeral oi his
sis, er Miss Alice. Willard who died last
SATURDAY.
As to Government SursrVI-Ion President
willard said
vel do not like ., have IT. thought he
ea,ise Of anything haV. said that | am
opposed to Government supervision Of
fhe railroads. on the contrary am con
vinced that under all The circumstances
n IL for the bsst interest oG all. IN" rail
roads n we'll as the public will even 60
80 far a. to say ;har | believe that the only
alternative 10 such control - Govern
ruent ownershIp
President Willard said that Il costs of
railroad operation continue to go up there
would seem to h" only one way OF meeting
the situation and thai - by an increase OF
rates. Such an Increase must h. APP
proved by the Ints-S'a'" Commerce
Commission
This operates ~ | r.rr fr ro plac" the
credit al the railroads Iu Ia" hands Oi he
sssnmission. for n" Creait 81 the railroads
WILL depend upon IT," net earnings. aud the
net earnings viii b" d"p-udrnt Ipon the
rates received which Iu turn res; with the
cemmission CAPITAL viii NOT b- obtained
W telling the man hose money - d-> r~d
that he will be- pad a iarr rate ot return
Ne will decide for him self not what - a far
return. but what - return satisfactory to
him. The sam oi all M" freight charges ~
a railroad must b" sufficient - furnish
such net earnings a. viii 'nabl. the indi-
vidual road 20 obtain III" necessary nov
capital when needed an favorable terms
President willard said that he thought
the railroads should cooperate as far a.
possible with m" commission IN irving
20 bring about - better undc standing
and said that h. had con hd"nCe IN IN.
integrity and h'"ll E"nc" of The com
mission
fhairman knapp started IN with a
laugh by addressing the association a.
Hembers Of the society for he Proven
tbon Of Cruelty 10 Railroads He -aId
That the .orpuI>i"u of competition
among the carrter- - du unvl-.' and ME
taken policy I ar persuaded r. H. ou' of
the question 10 haN" IN" pr"-enC. ~ com
psttion and the ah-"uc" NJ discrimination
just so long onmp"'trtou herwr"n car
riers ~ unre~tralnsd u>' =" Ion. will -
result IN pnlicl"- whirh ar. dangs-uu.
Tor 10 compei" l. 80 di~. rlnina'" q - a
fallacy go condemn discrimination and az
the same time ~ insist upon 'h. vrry pnltcv
which promotes y
IL Government regulation 81 rn,lruad,
~sda in di~appoiu' neni i,oNerumcn,
ownership. with all it~ ~o"ta' change, and
al its deeper r-ril~ 20 republican tus,iru-
tlons. must com" am nov >,ir. that 'he
Government regulation 81 railroads. hns
passed the stag" oi experiment can -.e
many elements of doubt Th-r.. .. aIwavs
the in'nns. friction ~ corlru-r,,aI rivairy
and over all IL the sinister - 'ad"w ~ party
pol,'ios and amhitiuu-
Chairman Knapp sad hat the. question
nf railroad rates that l. To say OF railroad
revenues involves vastly rnore. than he
direct inters-z' of Ih,1D.-ra or .h.rs