The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1914-11-13


inc present Se''e" Oh "''c'eS 49,
pcFh"ps INC "f"' instance III when
''e raaFoaoS q Il great state nave
gone d'iecI I" t"c farmer inc ouS'-
mes" r'"' anu inc ''1'"tl' EeheFhl'y u
DISCUSS win the" u FRANK ana cum
"'' ''"''tf inns s''"' PFoo'r'" "I'''"'
III 1t" E"r'e" l''"Se'' u" '''"''y ''o''a
''c welfare o' every man "o'''a' anu
'''''" IL '''e 'a''u' Nv H'o'"E' H''''' p
va" 'o'ei wants ~ ~ '"'' ""'u' any
P""''' question "''" ~ ''' INV ''' '''-
, u""e' "'t""S '''e '"'' ''"u,'E' pre-.
-'I'"'' "'" s''N"' nv" ''' '"''' '''"' VI
''''""u'' anu o''"' '''''1' '"''''' '''I"
'''""''' "ITee''y !" "'' p'"I"e "''he
|''iH ago. inc '''''' ere We "'"'"
'''' '' '.''i'"'''c" WIN ,"a 'Sa|''"-
'''' VIM. mas E''It'.' '''' oI'.'.' ''
""''' ''' Inn '''"' l'''' az" "'''''
u''''..' '.''.' '''' ~ VIC near 'u."' e.
i''S''.' '"' @',e' '''"''''a' f''H''A''
"''. "'.'''1' ''' country
Every falIroad official IN the nation
today b" c"'.r everything N ms pow
cr not OILY to obey the mandates Of
the Interstate Commerce Commission
and the different Public Service Com
missions, bat also to aid and facI!l-
tate their work in every possible way.
As evidence Of this statement, we
cite the following facts with refer.
encc to the situation in Missouri; ln|
1907 The Legislature Of this state en-
acted 2-ccnt passenger fare and
also greatly reduced freight rates up
on u number OF important lines. The
railroads appealed ana won their cas-"
N the trlal court fherenpon the
state appealed to The Supreme Court
OF the Y, >. and that high tribunal
reversed the case without prejudice
10 the f[t!roadi o" me ground that
the valuation OF the properties had
7o' been properly established. 1t dld
A"' say ny us decision, as ia common
y supposed ~ mary people, that al
-. ,,;......: a., -,
ratae in I'll. stat. eve fairly reu..
.,.ot;,,
Had the -oi,.,,.ie If s'isropr; ,o-.
al f., al. g., lboy rc,l5 t,,, a,.l ro,y
sp,.. thc doy ar,cr H.. &ppror,,
Cou,l moJo a. l..,.f,c In.,c,J
however tbcy chcar + , r,,l.e ,rc hc,t
~ fro sitr,,,o, Ilov ma, ,.i.b III.
Public scrv;c, conp,.ssior ot JatTor
con civ and ayrcod io rive tbo -.
duccd rates y thor,ucb tr;ol-and m
dav instcod nf co;ne I, tho courts
for relief, they are laying thci,. tropb- |
les before the neoplc and the Commits
sion with full confidence in their scpae
Of fairness and in the be,;cf that tbev
will he willing Tn yront such an od- |
vance in rates AS will enable the raiI.
roads to continue ia rive or,nd ,ar.
viro and to NAV thnir grcot mart !,
the further davcloocr,c,l of tho etato
eS'h' Hi'u'''oh III Nu' Hhei'
Briefly speaking, the present series
OF articles has sought TO establish the
following facts:
flrst, That the closing OF The Euro
pcnn money markets, added to their
ata,y burdeE", has suddenly
nTough. American railroads face To
race with the graveSt criaIs IN their
history and hence th- recent appeal
of President Wilson.
Second, that contrary TO public
opinion, American railroads are own
ed by nearly two million investors,
large and small, rather by few rich
men in Wall Street or elsewhere.
Third, that hundreds of millions of
dollars Of the assets of our old line
life and fire insurance companies, saw
ings banks, benevolent associations,
etc, are invested in railroad securi-
a 4 1.