Bisbee daily review., 1912-10-15
.THEARN SAYS
 LAWS ARE BAD
Chief of Bureau of South ern Pacific Economics Says Arizona Is in
 Danger
POINTS OUT INJURY

J
 Obstruction of the development Of Arizona is threatened by the railroad legislation to he acted or by referen. dunn at the November election in tkS opinion of F. c Athearn. chief of the bureau of economics of the Southern Pacific railroad He declares that such laws would cost the Southern Pacific s1 .500 900. that the road would have that much money less for the building of lateral lines so badly needed in mining and agricultural regions re remote from the transcontinent9i lines, says the Tucson Citizen, il quoting the gentleman as follows:
 This million and a half dollars would pay five per cent interest on $50 000, ,O00, he argues. If we do not have the interest, we cannot bor- row the capital for construction of lsterals.'
 Ne base our appeal to the people on the lack of wisdom in the legisla, ton itself, but the industrial resalts which would follow are of paramount | Importance. l am of the new school Of railroad men. 1 believe that it ,s improper for a railroad to work on men charged with conducting the gov ernment, but i believe that it is proper for a railroad to advocate or oppose measures
 When the transcontinental lines were built, they sought the shortest distances across Arizona because their object was to get across. The state has developed since then. We have assisted in that development by making honeseekers' rates at a cent a mile. which is, for the time being. an absolute loss.
 There are now needed laterals which will develop the country be- tween the trunk lines. In California ore which assays S4.50 to the ton car profitably be mined because of rall- road transportation. h Arizona, ore which is worth less than $40 per ton is in many camps being thrown on the dump. The cost of hauling t by wagon is prohibitive.
 There are farm lands, fertile, ir- ! rigable, which will never be worth | while working on a large scale until | lateTals have been built to them. be- cause the crops cannot be gotten to market
 ] HONSN Hlu5L De 6OFTOWEu The legislature passed a law pro l hibiting a railroad from using its i earnings as capital in the building of new lines. II must borrow the mCneS ] That is a good law It prevents the ] freezing out Of small stockholders It ! has been a familiar spectacle to see ! earnings applied to the enhancement 1 in value of a property, while its stOcS i fell in the market, owing 10 the fall- Iure of dividends. Decrease the earn lngs Of our road and others by such ] laws as have been referred, and you i decrease our credit. The demand for . our bonds will he decreased, and we i will not be able to build these lat erals.
 | Revenue vs. Expense The total business secured in this istate by the Southern Pacific is s50l.- | 900 a year. The expenditures amount to S5.S1S,GO0. IL Is to our interest tO ! develop the state. We bring in home, 1 seekers at a loss, because everyone | that locates here means aGditiona! l business for our line.
 Three-Cent Fare 1 The three-centfare law look3 i just and reasonable, but passenger ! rates are based on density of popI. ] lation. fl it were possible Co stinu, late business by reducing the rate from four to three cents, it would be !! sensible 10 reduce it. There is n0th, ] ing 10 stimulate. There are only l.S : people to the square mile Reduce the rate to three cents, and you take i just that much money out of our S5el z 1 GOO. already less than our expenses
 The people who would beenfit by
 such a reduction are not the poor and the citizen of small means, but tho
 rich That is the class which does the bulk of the travelling.
 Under a three-cent-fare law spec ial rates such as had been granted to the state fair at Phoenix -four cents a mile for the round trip would i probably be unknown, and the com
 mon people who now pay four cent fare to go to Phoenix and return
 would be charged six cents, three go
 ing and three returning.
 Extra Man on Engines | Heaven alone knows what we are going to do with the extra man which
 the legislature ordered us to place CT
 our engines. He will only be in the
 way, and will add 10 the risk of op-
 erating just 90 per cent. since there
 will be that much more temptation
 10 talk. and to inattention 10 duly
 Where is he going to sit2 What IS
 there for him to do?
 l Electric Headlights | How absurd it was to specify au
 electric headlight of not less than
 1.500 candle power. when inc bes,
 in lights is shifting day by day. The
 employees since 1910, has had trouble