Evening star. [volume] (Washington, D.C.) 1854-1972, 1917-12-28
COMPENSAT|ONFO FOR
ROADS IN QUESTION
Element in Congress Believes
Pay on Basis of Past Three
Years Too Liberal.
CONTEST THOUGHT LIKELY

|
Capitol, that there will be discussion
over the ouestion of compensation to be
,.;a +ho o5s
M, t., 1t,
esiueh' VIZ ieooin''0 ~ ms
address to the joint meeting OF the
House and Senate after the reconvenine
tba+ +hA r,i,-o.d. h. ..snred , NOT in
'i'"l 'io o Gu
come equivalent TO tne average OF oheif
net income for three years prior to June
40. 1917. This II ia believed would
guarantee payment OF Inc interest upon
the bonds Of the roads and allow divi-
cends at approximate1v the amount
that has been declared during that
period.
That such a guarantee would be ac-
c.r+,h,o :. +hss ,,.,a. .,.n;f.s+ad
.A. o ~ ""s
plan of the leading railroad presidents
and an immediate recovery in the mar
ket value of the common and preferred
stocks of the roads which recently had
fallen abnormally low in the face OF
arger ralwaN na svstems he
pronouneedly than the smaller lines, as
ihoeeo they nad Iaiien more Sharply.
All eieinehe III congress is oisPoseo
to object to the Presidents proposal to
fix the comnensat;on of the roads unop
-, -
ene OASIS OF the pdse thfee years earn
lnss, protestlng tnat II Is TOO aoerai.
contest over Lnls point is resaroeo as
inevitaole. Inc outcome VIII depend,
~ Is tnougnt' upon just now lnslstent
the Fresloent ana Director General NC
Aooo are upon the terms proposed.
SlItlcism OF tne oesighatlon OF the
SecIseAry OF tne treasury 10 tne post
VI oirectoI general is eAPecteo from
soMe quarters IN congress. inis is
ior ecas.so oy = s.ateW WenI MAGE by rep
,sbia,s III S.ii3es oA MaSSachuseels' In
Dna4: no sa.u. o<.n
pi esSneaeiSe 0iiiete OF Massachu-
ee1IS .T sau ..
ueep,y regret lne appointment OF
vi. NcauSo 10 as controiisr OF the rafi-
Iesary OF tne treasury, chairman OF
chairman OF the Federal Farm Loan
!0 aoaI0 ra an1 cnalrman OF the interna-
nlaces -eiva annie srona ~ ~. ehs.;s
ties.
..s.t. !. 80. 49,
0Ie4I 11Spen1ef OF fatronage.
..fu .aAftto,, ~ {. ,..,.....-,,-<i j. !.
great sisnenser If r.strnnaxa a,d the ,,1s1 ~
iitirai adviser of fhe Presi6ens 1ya q u -
ready the Pooh Bah Of this administra- IL
tion If II was nAcessarv thai the ann.osrt-
ment should be a political one there are
other members OF the cabinet who would
have excited less distrust But / think
the appointment to this position of trans-
cendent power should have been a business
one, and not political or personal one.
1t should have reciprocated the gen.
eraI non-pattisan support tnat has been
exeenoeo 70 Shis admlnistration- Since
s.it, snE ioss " .ne IL LusItaHla ! nave care
,.a,,,h ssir ...tra,a4 Lilies
nnrtad ~. prasident ~ az y sup
AZ some critical times when many If
his own party deserted him + intend
to continue that support But I think
il proper to express my regret that this
great appointment has not been a less
partisan one and has not been given to
one whose experience and impartiality
would inspire more confidence"
"alI1uS Oh ING 1resaoent.
esh.;rm,n Sims ~ the uo,.. ,on,.
.....
ice on com =:
merce, said today the committee will
take up the railway legislation to NEE,
the new situation as soon as the Pres
subject and outlined the details of his
new General win assist in nerfectin. .
the legal and CONSTITUTIONAL feat,res n1
hill along the lines desjred hy ~.
director general of raiIvava 81.
the President's views and the, ~
conmittee will take bo,d cf ~ ehs
nra vac meas
~ HEARINGS arc d.n.ndsd h.
,era.ts afyected tbev will -, any IN
- 49, oe accorded
nc IA !. ian oinis Goes not
apprehehu iohs ufaw h-out pubic hear
ings nor dQes ne look Tor unnecessary
delay in getting the bill out of com
mittee and passing it through the
| House.
| Chairman Sims is very optimistic n,
the successful operation OF tho nayp
plan of railway direction ana co,,roI
,i,, ~ oarr,x,;t ~ .net
80 ,ndnrtaI1i naerests 70
| man liiS uiioe. 'dn success-con
Germ on the part OF railway directors to
| MAINTAIN the hhanciai integrity of the
securities or their roads, which con
Germ viii be shared by the stockhold-
to have their freight moved. railwas s
operatises wiz want tne ROADS to be
" % ,Iei wages can De mann
| taiheo, ana MI sims sees along the
\ line no danger signals and only clear
right OF way for the new venture.
|
Matter of Compensation.
i
ne Is OF opihIon enat the question OF
much difhcuity ana Is Optimistic about
economies 10 oe erected under gov
| ernmentai CONTAMINATION OF control
This WIZ mean the elimination OF
Ia lions that are now @ dupiieatings @ iprsaniza MA