The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-08-29

clause forbddtng an Interstate com
ierce railway company from acduir-
ing stock In competing road; eighth,
| by a section permitting the making
of traffic agreements between compel.
ing railroads limited In point or time
end subject matter, and subject to the
| approval of the Interstate Commerce
| Commission.
These amendments we're In accord
ance with the text of the Republican
platform. Subsequently bills were
Legislation. in which, while the prin-
itations introduced as justice sug-
| Eested, after n conference with all the
parties Interested. The bill was Sub
mitted to TIE Congress. and after
great deal OF discussion, both In the
House and the Senate. 1t was enacted
| into law, with many amendments, which
did not materially change the effect OF
| the recommendations except 10 strike
out certain provisions promised IN l., the q,
Republican platform, to permit trahic
| agreements between railways in spite
of the antitrust law, to forbid one
railway company to acquire stock IN
a competing company and to SECURE
MERGE Commission of the issue OF
stocks and bonds by interstate rail-
ways.
For this last was submitted pro.
vision authorizing the appointment OF
ii
arising from tho over-issue of stocks
and bonds. and the methods of pre-.
venting such evils by congressional
regulation. In addition to the !, punr r.,
the bill, the so-called long and short
haul clause of the existing law--the
one forbidding the charging of great,
err rate for a less distance included
greater dlstance-was amended so as
to vest in the commission somewhat
wider discretion in enforcing me
clause than has been permitted ny me
listing law. Moreover, interstate teie.
graphs and telephones, as instruments
OF commerce. have been brouGht WIN
in the regulation of the COMMISSION.
excellent Bill. It is not ENACTED in 1,
spirit Of hostility to railroads, but ~
submits them to closer ana note
effective supervision by the lnteIsta.e
Commerce Commission TO aVotu ,om-
Justice in their management '''N
The Important part that railways u ,Ss
nlav as the arterial circulation IN me
business Of the country S,o ,ne md nl' the
Wilton OF their stockholders, the IN,
nortance of their purchasing power %
AFFECTING the prosperity OIL III in.
business--all require IN the pup at,o,,id
terest that no 3, Unfair nn utes am glad to
DC ac that The railway managers have
acouiesced in the fairness OF tue poow-
ent bill, and propose ioyaily " y. Vas
Fly with its sy uss the pWRole Republoan
Do ~, IN Congress, and that party 10
entitled to credit for us passa ,s,as az
whole Democratic strengtn Mas 1t
llbited against 1T IN potr a,ea@e Of the
platform, and only needs lin,e ~
dicate the wisdom of its enactment.
postal Savings Banks:
The postal savings a pank of The the great
enactments 1t cre ea,eh
an epoch. 1t institutes system W WITT
viii work effectively TO promote a sn.M
among the poor by provio'mg ,a, oe thev +
I1gr may consider absolutely safe:
and viii also turn into the channeis OF
trade and commerce large Voiulhe
of money which otherwise "ould 40
boarded. BY specific provision II WIN
stimulate the investment OF savings IN
bonds of spall depomina-
TONS for which the bill provides. Like
the tariff, bill and the railroad bill,
this was put through each house OF
Congress by a Republican majority,
and was signed by Republican Presl-
dent
The legislation Of Congress in re.
spect to the Navy Department is fun
with the promises OF the
proper desire to keep down appropria-
tons, Congress saw the necessity Tor
a continuance of our present naval pol.
icy and a regular Strengthening OF
battleships More than this, it has !
enabled the Secretary OF the Navy to
carry out a reform In the business
of the department and a
Of the bureaus and stah
of the navy so as to contribute ma. /
terially to its effectiveness as one Of
the military arms of the government.
Although the Democratic national plat
form apparently favored the increase
in the navy, a large majority of the
Senate opposed the policy when pre-.
scented in the form of concrete legisla-
ton.
Labor Legislation.
The Republican party, at tho last |
session of Congress. again exhibited !
Its deep and sincere interest In tho
general welfare of the workingmen
and women CT the country by adding
long record of legislation on this sub
ject Practically all classes of en-
Dloyes, especially those engaged in ]
occupations moro or less hazardous.
should operate to tighten the burdens
which naturally fall upon the shout /
ders OF man. The Republican party
recognized the necessity of reducing
the dangers under Whlcn hunuIeoS Oh
thousands of miners work by Great.
Ing the Bureau of Mines. This bill
was passed for the purpose OF esthb-
fishing an efficient government. instru-
ment for investigation, examination
and report to the world of the kind
of safety appliances that. will prevent s
the awful losses Of life In the opera,
tion Of mines, and especially of coal
mines. a second purpose OF, the bureau
Is to perform the same Office. IN re-
spect to the great industry of mining
that the Department of Agriculture
performs in respect to the farming M
terests of the country-that1 is. by eX- II
pertinent and Investigation to deter.
mine the most effective methods OF
mining and the best means of avoid
ng the deplorable waste that now
obtains in the present mining methods.
No moro important legislation In the
interest of human life has ever been IN
The recent session giving to the In
terstate Commerce Commission ampler
powers to define the needed safety np-
oliances for the prevention Of accidents
to employees and passengers. and, after
4 hearing, to require their adoption
by interstate railways. Other legis-