The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1910-01-13

reasonable speed. for unreasonable and
uniform price.
'2. The public has uniformly neg
lected to provide itself with the means
of intelligent regulation and control of
railroads. It has taken no fofethought
to provide itself with judges and law
makers who by temperament and dis
position Sympathize with the publ1cS
hopes and aspirations; and such law
makers and judges as are now arrayed
upon the side of the public are mere
matter of luck and not of careful Sc
lection.
+ 'It was a clever but hardly an ac-
curate statement which was made by a
brilliant Kansas journalist year or
two ago when he said that there never
was any more excuse for a railroad to
be in politics than for a livery stable to
be-. The comparison between a livery
stable and railroad is very slight.
"A livery stable is a private business.
A livery stable keeper may fix his own
rates for his services, and they may be
high or low; he may do business with
one man and refuse to do business with
another; he may close his stable for a
day or a week and resume business at
his own caprice.
IA railroad can do none OF these
things, and because of these funda-
mental differences between a livery
stable and a railroad, the latter has
been in politics, is now in politics and
will continue to be in politics; and
will be permanent subject of serious
political concern so long as the rail-
road plays the important part in the
industrial life of the country which it
does under existing civilization.
but a science of railroading." con-
tinued Mr.. Dawson, land of its law
and government is slowly and hating
ly being worked out and twenty-five
that railroads will be as completely
and successfully subjected to govern
ment control as banks and life in
surance companies are today; and that
the railroads will then serve the pub
lie as profitably to themselves and as
satisfactorily to the people as banks
and insurance companies now do
Address by John r. Mulvane.
1.-THE last panic" said Mr.. John R.
Mulvane in his address on banking
this morning, sit is estimated cost US
as a nation over one billion dollars.
great central bank, well organized and
well managed, be able in time of dis
tress to quickly afford relief, as does
that great Bank of France, and as it
did at the time of the unfortunate
war with Germany. Such a bank.
controlling lawfully, and under proper
restrictions, the issue of paper, and
becoming a bankers bank, 1oaning on
good commercial paper and good Sc
curities, would control panic and
incompetency from which we have
suffered in the past. We have more
gold twice over than any other coun-
try on the globe and more of the most
desirable products of the SOIL with
quickest and cheapest facilities for
marketing, and feeding one-third of
the civilized world and clothing as
many more.
I'm conclusion continued Mr.. Null
vane, "a bank sufficiently capitalized
anr16 fnd mill Il n
to the value of all your products will
increase the value of your real estate
and help to keep interest rates within
reasonable bounds. You have all to
gain and nothing to lose by such a
measure
J. P. Bolton of Burlingame, who was
to have read a paper on Glow We
Organized and Conducted Our Farm
ers' Club was not able to be present,
but the paper was read by I. D. Ora
ham. 1t gave the farmers some valu-
able suggestions in regard to rural
clubs.