The Bridgeport evening farmer., 1914-07-01
N. H. SCORED IN REPORT OF
 U. s. BOARD
Commerce Commission to Rec ommend Laws Which Will Bar Railroad Looting in Flu tuPe.

A special dispatch from Washin gton to the New York World of today says:
 The report of the interstate com merce commission on the footing" Of the New Xcrk, New Haven & Hart ford railroad will be the most sensa- tional and severe document that has ever been turned out by that body.
 The findings of the commission, in response to the resolution of the Sen ate, are about completed and will be submitted to that body within week or ten days.
 The commission intends to handle the subject in every detail and from every standpoint It will tell the mem bers of the Senate that, as a result Of it's inquiry into New Haven affairs, the most high-handed system of the misuse of money belonging to stock holders has been unearthed.
 The report will then state that nev- CT in the history of raIlroading have such tactics been employed as those used by the management Of the New Haven in the past nine years, during which time millions of dollars of mon ey belonging to the stockholders of the road have been squandered At what should be a prosperous property at the present time, through reckless management and yEiIfuI waste of mon ey, has become a financial wreck.
 The commission will dwell at great length upon the testimony Of Charles $. Mellen, former president of the road; John L. Billiard, the Connecticut coal dealer who handled millions ia the Boston & Maine deal; Lewis Cass Ledyard, personal attorney to the late J. P Morgan, and number of ether witnesses who were called upon to testify before the body.
 A good deal of space will be devoted in the report to the manner in which dummy" directors were appointed to board of subsidiary companies owned and controlled by the New Haven.
 The acquisition of the Connecticut and Rhode Island trolleys by the New Haven will be dealt with in the re- port of the commission. The direc- tors of the road will be condemned for guaranteeing the money belonging to the stockholders in the purchase of these lines.
 The purchase by the New Haven of the Westchester and Portchester roads will likewise be condemned by the commission Attention will be di- rected to the fact that little or no light has been thrown upon this situ- ation, especially to whom the s$11, ,0O0.- coo spent in the purchase of the prop critics was paid
 The action of the committee of five New Haven directors, in recommend- ing the purchase of the Westchester and Portchester and the secrecy with which they engineered the deal, will be condemned by the commission.
 One feature of the report will be that dealing with the political activi- ties Of representatives of the New. Haven. It will be shown that legis- latures were controlled in one way or another by the roads management, and that the road dictated in many instances just what sort of 1egisla- ton should be passed by the several states in which they were operating.
 The commission will suggest that Congress pass legislation to prevent future footing on the part of raI1- road directors. and to safeguard the money Of stockholders entrusted to their keeping.