New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-09-11
NCIAL RECORD
IRE And ABROAD
.asr Treatment for Rail
..o.ss'ds--Federal Taxa
tion Plans.

IL. a. the railroads LOT SO"
z. ,i ~ b the public presented TO
.s Wilson has apparently con-
'''ls' ~, Of the special needs Of the
20 .- -, systems OF ths
~ tfsI,ss 800 the business day mac
.eify, ~ learned that he had Sent
,issd y s~.-essentatives Of the rosuS
: be repi,se;S,,,' active cooperation IN
~ sympathetic tTeatia "a ,.r eat
Aslal5 lS,s,Tv which involves SO EIe esS
- nee st of private capital devo!eQ
b t. ~. "ss.rviee. Railroad men point
pso'ie sS;le their request may nave
aes - sasrite. they wished 70 BRING
l,eed ln.U.ssthinc greater than spe-
AT soi .srs.se The present emer-
Ea.s - feel. requires that the atIi-
~ - sfste and federal authorizes
% y 10 carriers must ne ehSn ~
ssi'a -" AZ hostility, and that II TINS
~ en' demolished the roads can
BE- ~ solution of the dithculueS
" ols 49,. M them for the next year.
9. sel.l, Srrency this country has 70
~ en-, inch less than that when
go Great Britain out we may
- Issson from their successful CO.
.,;sn between government anu
49," Confronted with suspension
-. mart Of foreign payments
- the greatest international
y y .tet In the world and with
80 :. l,'1 svnense OF war, the British
4 .v;,iss who in their treatment Oh
~ ,s6airs had been showing un-
100. ' radical tendencies, sought
"a bnsiness men and used every
y strengthen industry and en-
=. sor,merce Of the nation 70 De
8 u, - n IFS accustomed fashion
-. -. svn,.cessful this policy has been
v,skly returns Of the BANK OK
~ have indicated. Yesterday (ne
;.sm which had been continually
....3 as the bank took over obll-
-. -. frons the market, shru2k near
:. "a ma This is ascribed to the
= ..,,-snt's offer 20 provide tunds
...sntors who might fail TO re"
- nsyment st maturity. In eonSe'
-. - II this pledge holders OF bllIs'
-,l IN their payment, have no
-, islt necessary to unload on the
~ ~ FnCland. Private deposits
- - corresponding decrease, and the
-...st;or of reserve to liability was
:.ssVhst higher, in spite OF 2 decline
4 IA holdings Of around S25O,OOO'
q meet the needs Of our national
.rTv he authorities in Washing
!. tsvs agreed on q tax Of 3 per cent
. frsiSbt transportation charges IN
ir.;oH N an increase on beer and
90 wines. This is svOwedly an
weney measure TO raise lmmedl-
! Svepue and is expected to be sus-
- as soon as possible. 1t Is, how
q unfortunate at this time that
-sbips connected with the railroad
rissss should be picked ont for tax
~. II freight can pay higher
i,,oss the increase should 60 COM
=, 70 the roads in higher tariffs.
Sne diminution in the total OF idle
t;Tbt cars was reported on Septem-
~ but the net surplus, over 1861
& i nearly three times that OF a
M ago. The demand for equipment
arfy tosl has been unusually great
"a As on the fortnight before, ac-
sue for practically all the decrease.
'sisin shipments have as yet failed to
Ia. down the sidetracked supply OF
bsy cars Wheat prices yesterday re-
a.ed sharply, rumors Of peace negOti-
atoms playing a large part in the de-
dine The Steel Corporations in
gsase Of some $4,000 tons in untitled
aies IN August was rather disap-
rilting, particularly as business
tp1ghout the trade so far this month
y been light.