Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1913-09-04
TRUMBULL.
ON KATY SUIT
DECLARES THAT TENAS NEEDS
MORE RAILROADS. NOT FEWER.
BELIEVES THE BRINGING OF
TIE SUIT WAS 4 MISTAKE.
STATE COULD NOT HAVE CHOSEN
A BETTER WAY TO PREVENT EN-
TENSIONS AND FURTHER IN
NESTNENTS IN STATE.

In connection with the suit the state
Of Texas has instituted against the Mis-
souri,. Kansas x Texas Railroad o. 1cN
as. now pending Frank TrumnuH. 'hai
man Of the Board Of Directors of The
road, in Il recent letter t. FciiY IArksoH.
Treasurer of the Scabord < Culf Steam
ship Company Of Frcgport TcXva, frlnk-
ly discussed the effects of the litigation
Mr. Trumbull said:
II am complying with YOU" suggestion
10 supplement our conversation when
yau were here last week 5v w-Iting You
few Lines to give YOU my point of ,lew
about our relations with the people of
Texas.
"AS yon know. | have been par,icu-
larly interested in the developments Of
Texas first because aS YOU know. il
was formerly my home. Second. because
happen to have been connected for a
number Of Years with properties which
are in one way. or another. important
factors in the development Of that state
If | could hc shown that capital for
railroads can be procured there. il would
he just rs much pleasure 10 work with
Texas people who miglt be putting up
money for railroads as with pcopl. in
any part Of The world | think th;t il
il my duty rs well a. the duty of other
people. to take broad AMI tolerant view
Gf all difference that may arise. and
never to att mpt a settlement Of any
question in spirit Of retaliation. Many
differences have been due 10 hack of IN
dcrStan ing and il has been Il SatHfac-
tion 10 me to think that perhaps | have
been able To do something tp better I'M
dcrStagiding and to diminish mutual
hGStiliticS
We want to improve our Texas lines
we want 10 give better service we
want 10 look everybody in the face in
cudng our friends, who are our credit
orS and shareholders. as well as our
friends who reside in Texas.
We cannCt, however ignore our res
ponibility to investors. No conSci, nti-
ouS man can do that aud besides i large
part of the reward which comes to the
railroad executive nowadays must ncccS
dcncc Of al with whom he suStainS any
relations. Current limitations on all
railroad credit has y en- Il severe strain
during the last few years upon all the
railroads of the United States. and the
additional Strain Of new limitations
which needs and deserves intense dCVcl-
opment acCtniuatcS Il financial problem.
already most difficult. If the state ot
Texas had en- Favored To find way to
prevent our making extensions ii could
I have ha. dlv chosen better method than
to br; 10 suit for penalties a@gregating
\ %l0Z. .0o0 600. We Will do the best thing
we can. all things considered but of
course we cannot help feeling that this
question il pertinent on such an cccaS
ION to-Wit
Ought we to ask our friends to put
more money into Texas except for tho
maintenance Of existing lines?'
IF the suit brought by the State oI
Texas il successful | and all my friend,
here and abroad will lose every dollar
we put into that state What would yol
do in my place? This il broad far
reaching condition and not theory tha
confront. u.s. Arl | am sure vou vii
agree with me that il II i very soherin;
question t. ask ones self