Omaha daily bee., 1910-06-07
Chief Executive Agrees to Cancel
Injunction Suit.
SESSION LASTS FOUR HOURS
Attorney General Wickersham and
Cabinet Men Present.
SENATOR DEpEw COMMENTS
Says He Has No sympathy for Lines,
as They should Have submitted
Change 20 Commerce
COmmlSsIOn.

WASHINGTON June Cat II four hours
conference with President TAFT the repre-
sentatives OF the Western Trunk Line conf
mittee of railroads agreed to withdraw all
increases in rates effective June 1 and after
to await the operation of the new railroad
law. on this understanding President Taft
announced that the suit would be with
drawn when the new rate law goes into
effect.
Presidents Ripley, Delano and FELTON, ar
rived at the White House executive offices
for thei rconference at O'clock accom-
panied by Walter y. Hines of New York.
general counsel for the Santa Fe. Attorney
General Wickersham preceded the railroad
presidents by five minutes.
Shortly after the conference began Presl-
dent Taft sent for Secretary Of state Knox
and Secretary of Commerce and Labor
Nagel They soon reached the White House
and entered the conference.
Senator Depew Comments.
A number OF senator's and representatives
in congress were with the president today
and II is understood most of them talked
with him concerning the railroad situation.
Senator Depew of New York was one Of
the few who consented TO give his views.
Il do not sympathize with the railroads
III lniS HSNdHCs lie Sdlu. lHeS SnOulu
have submitted the proposed increase in
rates to the Interstate Commerce commits
sion and sought hearing before tnat body.
They then could have presented their
case to the public and the chances are that
the rates would have been approved, in
part anyway, for there are very good
| reasons why the railroads should increase
| the rates.
The higher wages. the increased cost OF
| materials and other considerations are
! making it necessary for the railroads 10
revise their tariffs, They went about this
| in the wrong way and at the wrong time.
thlnk the matter WIZ be adjusted. how
ever. and / hope the railroads will see
their way clear tc so back and follow the
course 1 have suggested"
! Chicago Board OF Trade Acts.
| CHICAGO, June 6.-The Board of Trade
of this city today passed resolution to
the effect that 1t was not opposed to an
advance in freight rates under certain con-
ditions. The resolution follows!
Be it resolved, That II It is necessary for
carriers to secure greater revenue for the
purpose of increasing their transportation
| racilities, the Chicago Board OF Trade is
not opposed to moderate advances IN trelght
rates on such commodities as do not now
| bear a fair proportion of the total cost OF
transportation; provided that such ad-
vances, II any, Will not result in discrlmina-
tiOnS between communities
! The resolution also suggests conference
between representatives OF the railroads and
business interests on the question of rates.
Legal representatives of twenty-five west
ern railroads met in the offices OF Gardner
Lathrop, general solicitor of the Atchison,
Topeka & Santa Fe railroad, today The
meeting was called TO devise line of de-
fense against the recent action Of the gov
ernment in the matte ROT rates and to
choose special counsel to take charge Of
the proceedings.
Net Earnings Increase.
ST. PAUL, June 6--There Is every ndlca-
ton that the Great Northern Railway COM
pany for the fiscal year ending June 80,
will be able to show an increase in net
earnings, according 10 the showing made
for the first ten months of the fiscal year
in a statement issued from the general
offices today.