Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-06-11
ON
RAIL BILL IN
SIGHT
TH7S1CNr VErUATrON
FEATURE REJECTED
Conference Expected to Report
Early Next Week Measure
Which viii Contain But Few
of President Taft's Ideas,
fBy Morning journal special Leased wireI

lBy Morning journal special Leased wirel
washington. juno TO- Conferees
on the administration railroad bill
had the aid of Attorney General
Wickersham today. and ii was an.
nouneed tonight that there is a pos
silility of a final agreement ON Mon
day or Tuesday 40 members OF the
conference committc, would discuss
the details of todeys accomplish
ments.
Ii WAS learned, however that
tentative agreement was reached as
10 tho long and short haul provision
which will consist practically OF both
tie senate and house amendments on
the subject The stock and bonds
provisions is to be eliminated, AS the
conferees say that because of demo-
cratic opposition they could not oh
| tah the adoption of conference re
rert providing for federal regulation
/ OF securities.
The ascertainment of the physical
valuation OF railroads II IS asserted
VIII not be provided for ~ the con
4 ference bin Senator Aldrich told
4 Representative Mann that the SEN
( al, had voted four times to reject
4 thHt feature, and that 1t was FOLLY Z"
consume time in discussing IT, Dur
/ ing the day Mr.. Mann submitted =,
substitute for the house ameudment
on this subject, but the senate con
forces characterized it as make
shift which if adopted, would sun
lec1 the conference committee to gen
eral condemnation by those who
favored an Investigation OF the value
of railroad property
AIR Mann has not entirely ahan-
tloned hope Of compelling the accept
ance of some provision on Tits sub
iect. Several times ne referred 70
the faet that the house had adopted
the physical valuation amendment by
u vote of nearly two to one.
President TAFT apparently will VII
fnnll one of three suggestions that he
mafle to the conferees He desirs.
chat the house amendments concern
ling stocks and bonds be retained; that
The time allotted by the senate hill tc
the Interstate commerce commission
for investigation of the increase o
railroad rates be reduced from ten IL
six months. and thar the section RE-
gurding rate increases he mate 81
feetive at once instead Of after sixty
DAYS.
The senate cunferces have told th'
president theN could not consent t.
The stocks and bonds feature because
nf the agreement with democrats, The
insistence upon the suspension of in
oleases in rates for ten months IN tht
event that period was required bA
the interstate commerce commis
sion to pass upon their reasona blenes'
is concession To the insurgents
senators.
Many provisions In the house bill
are not in the senate measure ~ any
form. This 81 true, particularly o'
section + of the house bill Which
would provide for an enlargement @
ihr mower Of the commission over
railroads This section proposes t'
Iameud section ] of the existing inter-
state commerce act. 1t vas writer
10y Mr. Mann. In large part o
This long section was accepted ~ th'
senate conferees. Those propose
changes in existing law would re
quire railroads to provide faeilllit
for operating through routes, ana y
exchange, Interchange and return cars
used therein The railroads would b'
compelled to establish nnd obsefN
| reasonable classitications Of propeft
for transportation, regulations alleol
ing rates, tariffs, ANA the tofm "
ltfrlxets receipts ana bills of lading. a'
81 wcll as many other regulations allect
ing marking. packing and delivering
property aud the carrying of persona
and excess baggage.
Several amendments adopted bN 1l
senate as the result of DEMANDS -
the insurgents viii be retained
Those include the amendment pIaclh'
upon the railroads the burden o
, proving the reasonablcness OF rate ad
: Vauces.
on the other hand, it Is understood
that the Paynter amendment requlf
ing that both old and new rates mus
! be shown by the bills of ladins' AM
the shipper reimbursed Tor IN
amount Of the increase IN the ever
il was held to he unjust woulu "
+, dropped