The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1914-01-14

Clar 5arg Board 81 Trade
that III 8 community Is 81 Ef.
portanee asa central comm efela a an
indnstrial point with the re- lrQafl
service M tai 1T 81 sug Ted ~
Telegram that the local trade oo4rtii
emulate the Fairmont board Civ
ing heartiest sanction and stroIl 81 = \
support to the request OF the 1sll
roads for advance. 1T Is tied that
shippers and merchants here taYoil
the request and all believe that Y
will be a good thing for the buslness
of the country in general ana Inc
community IN part teulaf.
Along this line the following elSs.
tracts from AN article app Z z Y
the Bache Review, giving summary
OF the general financial and p
situation OF the country, empnaslze
the urgency Of an immediate rates
increase and no one can read these;
without becoming convinced OF the
inheritance OF the desired tncT ease
when he considers the vital part Ihe
railroads have in the activities OF
the country:
The whole business OF the conn
try is hating because the RAILROADS
cannot 90 ahead. The RAILROADS. esst Gu
NOT proceed because they are NOT
earning enough above Increased costs
Of material and wages and taxes 20
show investors that money invested
with them has a wide margin @
learnir,o safety. The threat of cur
ltaY1ed diyidends-even in the weaker
roads. Of insufficient carrying charses
ON bonds, of how to finance short Term
/ Iigations-hangs over tnen :
What is the business timing 20 s ~ !.
Can wide margin OF satesy
>
ttrv0 Surprising even that Ihe
| a. ronper roads earned on ln7
Ecreased freights, fourteen, hfteens
EeipEteen per cent net, and. the weaker.
ones six per cent or more, is NOS
Etha whole business structure, anu
consequently every individual, penS
iefted at an infiinitessnal increase ~ -
lcost to the ultimate consumer! VIZ
tthe. roads buying freely, the equllP5
ment companies would De me- IN IN.
orders, the long line or reIateu ~ =,
ies-iron, steel, copper-Woul1lu
hacome Immediately busy, the ma
toms commerce would wake to !. ne,
land the consumer at the end OF enS
idine would begin to get an enormous
ibenefft in cheerfully pa1d Wages
beneficient profits to the ia
tllrer and middle man, widely o. ~.
ned labor and accelerated prosPe
4 ity all arounu. +l,ao1.v
railroads might eventually be run az
iiees cost and some of them mtgnt
even continue to make fair protlts %. Sn
the present scale of charges: But t s..
has+ ..9Ithorities here and abroad M
siet t11at IN mo country in the Woftu
is the railway service so. Veil petz
formed and at so low a cost. ..s
Il z The course to be pursued = pie s'5a.
Abandon theories. halss 20. .,set
n1Iate.Iy. and do it quickly, ana s eI
/ the country started towards real
,,.osneritv Then, If you please, make
! ee1SSgnerinents, because then, as now
the newer to control or reduce wiz =,
It'll. exist. But the remedies VIII
linen he tried on. we'll people apie ~ ~
stand some vivisection-n on So II
land dying patients who are not y
/ al,biects for theorizing tests.
And If something Is not uo -.I Ne
10 done too slowly, labor Will Ds
+ba principal sufferer. and the NUM-
he1. eut of work, which is tncreaslns
] Saiiy will. swell to the diseoncer tl ~
I fqures Of hard times and general az
/ The message of the president y :
The converting Congress next Week s.1 !.
looked forward to with the sreae9 =
ls6licitude as to whether OF nol IS IS
Twill speak a. word OF good cne ssa,,+ q
Irhnginess TO change the moody sen 1s
Iment which accompanies the -react. sa
of trade and makes It more se .o1,Id
But the best cheer which ne cou GUY
Esnea1x would be an assurance Ine'
S me PERSONALLY viii use his great IN
Gnepce as the acknowledged ieaoe1
If the Democratic party to have have
nronpt Justice done to the railroads aus
whose plight is one of the pasiN
causes of the country's showdown.