New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-03-06

20 meet the higher living costs; and is pay
ing extraordinary Increases in the prices or
materials and supplies, and in taxes a. al
ditiOn 20 which 10 - burdened with connect
inE and wdsteful regulation and laws. These
increased costs have made heavy lnroaGs
into your profits during the past few months.
end 10 is expected that their effect viii he
even more acute iu 1877. With such vide
spread and pressing demand for larger ter
minais greater facilities and more equip
meut. it ls essential III they are To be pro-
videdJ To- grant the railroads the higher rates
Necessary 20 place them ia position 20 meet
such rising costs. and give them the earning
basis 10 attract new cSpitsl Tor the add
lional ,ranspOl iation facilities ana service
50 urgently req IiTeC. The ldck OF suftcleNi
surplus FOR many years past has prevented
the railroads fiOm providing such adaluohs
inands and while labor and material COSTS
we're reasonable. IN Illuminating feature or
the RAILROAD situation appears Ia the lhief-
state Commerce Commission I'pori Of -
cember lst. 1916. showing that FOR piacucail!
all the railroads in the country me average
freight revenue per ton mile has fallen IRON
50 mills iu 1891 10 20 mills IN 49,. q de-
crease Or over o. per cent, twiinst'u4lhs
the greatly Increased costs aud higher hlhh4-
ards entering into the trsnsp"i tauon htIN!''
Another important statement IN That rrp",it
shaved Tie return on The Investment lu
Road and Equipment Tor the year "'ul'e
Jure e1th 1916. DO be slightly iu * sss oI
per cent That return Is great Improve
inent compared with preceding tears uu' Ut
vas earned 90 n year ghen the country was
ENJOYING the greatest prosperity IN iis gi5-
~. and when 20 many % the Industries
rrarFst conditions were earning many ih'r
slY per cent Tho latter is healthy 'ouu..
ton beneficial 20 the country a. lai6e. n1'
a. L. also one 90 which the RAILROADS, VIM
,.,itsf nav The zieatly increased prices. iE's
and taxes should be allowed 10 par l'4pate
through higher rates upon the 'omm"1'S
ihey cell ti1 tr1nspoi eDV On. ni' e.
I.tlun International complications. ava" 'A-
.elflonal Industrial activity. fhef" hh"llu ~
no DELAY 800 placing the Iaitoa"h D" ''o
strongest fnarcial ami physical 'oniiN'N.
p,rrs> o> I~vrsrnE>r AID ROAD E9c~-
NFNr.
While YOUR Ne, Income iof ne year. ailei
s.d,r,tug Tie flukIug ami other reserve i'ip
|t.ro,s vas equivalent 20 10 per cent. upon
ne Outstanding Capital s'oes me r'in
.s.-ed on the Total Investment in H"'l anH
Equipment provided ig5 pa. .n.,.....,s e1ii,osS
u Der cent on the PennsF lfania .'9l'i. .,
snf fusg airsctl, operated. anc b1i - "
1e,f an The gystsrn fast and West or I'VE
0ufgh your company mainislned re- OH,
g~ .,d earrea a substantial furpiur but
n lf hAl not heretofore t"hHl.t'il'' - ~.
~. o0ilcs ~ Investing iN Surplus a'ot" -.
sDnable dividends in Co" D''lr 'n@p' '.,,din,
r.iIrosdS and equipment instead 81 y.t1."s
.nerefor through The ISSUE or hl1IlioHs,
,,.a. ana ,tocr fhs present oivieeneN conid
nof be maiuts under me ehfU"s "''"'
rates
f,oprovsd erciency ohsractsnzea ne oPeI@
,t,, SurinK the year In both frelghi sno pa,
.sn,.r trsirc tn. number ~ tons inerehs'1 ~
tsr cent and the tonnage mheAsf h.' 49,
y -. 80, bu, fsrFeiy by hes visr car load-
irs IN. additional Tonnage ana mHfhSe ~
oi'ir.d an Increase 81 Only per cent pm i!hl.
Mileage n 10 interesting 20 POM W -, -,
The ,yefsge train losd "a ns'n y. s,' ,er. o.,
- Issf zen Years from ~ tons q" ~ '".t ~
z. 49, cent me svefsgf fef"nn" ~ ,I''hm
cain mile Increased pr cent "ni NJ" ,'
s1pef.ea sr1 isfrf a'-"'hsn ~ .,ie@". n,r