The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-21
NEW HAVEN GAINING
FAST, SAYS ELLIOTT
Solvent and Doing "Hand-
some" Business. hut Net Is
Being Put Back Into Road.
URGES LABOR TO BIZ FAIR

DosroN, Nov. 20.-In a speech before !
Elliott. president of the New Haven
Railroad Company. said that the sys-
tens revenues are steadily Increasing
and thai a Handsome" business Is being |
DONE.
Mr.. Elliott gave a detailed history of
TIE efforts to rehabllitate the system
In the last two years. He recited the
efforts for safety. the changed rules n
regulations for engineers and hremen,
the installation Of the most modern type
Of signals. the reduction of big dividends.
resulting In closer supervision. the adop-
ton of the watch inspection system. the
99t per cent. perfection of signal tests.
the problems confronting the company
with the Federal Government over the
separation Of the Boston and Maine and
the Connecticut and Rhode Island troll.
leyg n other big problems. He said
hat not a single passenger was killed
In q train accident in the last two years.
He 1ssAafed the New Haven road to be
abSHsu.eiy solvent, II he added. among
other things:
Having taken these first trying steps
for the purpose of getting ready. II IL
important now to consider the present
n future situation. In the period June
20. 1903. to June 80. 1914. the volume
- the transactions on the New Haven
road. or the amount OF service fur
nished to the public. increased more than
~ per cent.
81 believe that the country, fortu.
nately. 10 realizing that the question Of
Inadequate railroad facilities is pressing
q vital n there Is Il growing be-
lief that the transportation business
must have helpful treatment because 1t
= appearing more clear each day that
The general development Of the country
wall be checked IL there is not enough
transportation to go around.
Criticized BY some.
"Some OF us In this business have
tried TO point out the Importance of this
subject during the last ten years and we
have been criticised for looking on the
dark side. That was not a Just criticism,
because all We were trying to do was TO
obtain "A reasonable margin In the trans
portation business, so that the plants
could be added to constantly in order
that they might be ready for the In
crease In business which sooner or later
In sure to come
Now, much precious time has been
lost in preparing FOR the great uplift
in business and for the conditions which
the unfortunate war on the other side
imposes upon the United States. The
railroads are trying TO serve 0O.O00.-
600 people. 10 treat fairly nearly 2,00O.-
600 employees. TO conform to the con-
ficting rules, regulations and demands
OF forty-eight sovereign States. and to
pay close attention and obedience to the
United States. acting through Congress.
the Post Office Department and the In
terstate Commission.
How shall New England and its rail
roads do the needed work at hand? It
cannot Ice don" without IA. expenditure
NJ large sums ~ money. To-day he
New Haven company has "A Heating debt
of about $50. 600, 900. some OF il mltu.-
ing on MAY J.. 1916. and some on May
]. 1917. Cntil some method j. devised
for paying or refunding that debt into
so,ne long time obligations that great
weight hangs around the neck OF The
co!no9n: and grapplcs II In its efforts
to spend more money.