The Dickson County herald. (Dickson, Tenn.) 1907-1979, 1918-12-20

al xAsxs necessities hsavs ne@ ke~1
SERVED. and The qHestsass t& sha1 ~
tssss. fsas the rmstgam&s mad t0x ssse tssa-
TIC tn The fHrurA
Rssds Could Nss cs-ilesfstsA
KSsepsiensl rtrramxfsnc~s and en-.
| e~gsioasi nethssAf III administrative
ww~ BET needed ~ ssasines ~ that
~ railroads we're net equal n the
imus~mss f.ska at trMnxpcsrattsta taf
posed spsra them by u rapid aad
csnssnaess devsacpsSsas ~ The saeas
trt@s at ths essnsry- We AA~~ that
slr~sdy. Aad NJ kasw thai tAeF we're
uneq,at IN n lsrsay sss~ssss their frls
cssSs'~Faftce ~ss rxzAes<swd trnpnMAtsss
~ ss~ md THAR rcsrp<stssem sescs No.
Axstory. - that n has b<ea isapasss-
hle Ia as@ign 10 shesa ssverxlsy Tho
trwesc which esald best h~ carried BY
their Respective lines In the interest Ut
expedition and nasismai ecoaosay.
The fHii esaspsnsot NJ the railways
which the Yedess, administrator bad
! pisnns<t ssald aot BE- eoaraetsd With
In aar such p~rtat. The prvSeat law
does nas rwrasis tbs ase ~ the r~~~
| naes u the several reads for the exc
saston of such plans exe~pt by formal
cpasraes with taetr dlreetors. soEiss ef
whom win essnxrnt while scgs viii
rot, eaa therefore dnes not afford saf-
tici~ns authority 10 undertake suarru~es
meats np@n the sexis upaa Which
weaid be necessary to undertake them,
Every mrrrc@eA 10 this essfAeaas sub
tert matter VI dectsian brings W. face
to face, thesvfere, With ,hls unah-
swrrvd qnasflsa. Whist ~ rtEhs shst
we shcasd do with the sailrceds Tin the
interest Ut the puhise and Ia fairness
10 their awnersf
Let me say ~ onr~ that have NJ
answer ready. The osiy shlng that 10
perfectly clear to me In that II 10 not
fair, either to the public or 10 the own
ers of The rsiirosds, TO leave the sue.1
ten Unanswered. and that Il viii pres
entity become my duty to rcsinqaish
~rr.roa M ths resdx. v$~n A%foe< The
expiration 81 the statutory period. nn.
sess ,hsrv shuuid appear mesae ciwar
prospect In the meantams nf lsxisla'
tive salutlonr Their release woald ct
least produce i:sns element ~ i shla
,ioa namely. svrtnlnty And quick
stimulation u private initiaus~
Several Plane pesssbls.
] believe that II will he xsrs!ceabie
foe nie 10 sat forth ~ explicitly no yc~
sIbie the alternative courses that lie
open 80 oar choice We eau simply RI,
lease the nsaAs and no back 10 the old
conditions bf private nsaagvmeat. IN
restricted competition aud malIfpstn
regulatloa b. both state mod federal
authorities or we can 10 to the opgaH
site sxtrcm. and establish complete
government csaastul. accompanied. u
necessary. by actual government own
srshin. OF ~e can adopt m inferno.
date course Of modified private cen
trul. under q more atifaesi and ntsrrnA
tive public regulation and under sneh
alterations of the law ~ will permit
~Astsfsl competition 10 he avoided
and q considerable degrw~ NJ nn,nca.
tioa Of ADMINISTRATION 10 be- effected.
AZ. fer example. by regtoaai e~rpsrs.
,,ons under which the railways NJ d.
hnahle area would be In effect com.
hln"ts In single syx,ems.
The one conclusion that Am ready
to state with confidence In that n
would be- a dlss*'yice slsk. 70 the toun
try and 20 the owners af the railroads
to return 10 The .pld conditions hntped.
in"d, These ARE conditions AZ RESI-
trsint withou; development, There IN
nothing affirmative or helpful ahau,
them. What the country chtcay nee,ls
is tina, all Us sacnns Of transportation
should be- developed, its raSways, ns
waterways. KS highways and NV coun-
trysid~ reads
New Policy Necessary. 1T
Some new element " policy. there.
fore, 10 absolutely necessary neres-
sary for the service ~ No puhlsr, nee.
essary tor the release ~ cr~dii to
| thr~s who srs administering tire rail-.
ways, necessary for The protection of
their security holders. The mid policy
may Be changed mueh " Httls, hut
surely II espiot s!se|g he lsst ~ II
WAS
\ hop@ thst the con @'~ss will have
q complete aud irararsi. study n the
whcsr gsrolSesn inssttat 4 AT enee and
prosecuted 49, rapidly - possible |
stand ready snt nnxt, ss 10 r~irase
the reads frorH the pres nj coatroi aud
I must DO 40 al rerg ~arly date n
ny waiting Until the statutory limit
as time is reached shall he utterly
rrclonginr the period ~ doubt nna IN.
certainty Witch ia hursful Ia every To-
,erest concerhssi.
welcome this occasion ia announce
~ the congress my ra~Tesr IN ban I'm
Paris the Representatives ~ the rgv.
erumerss v4sk whScA sc have been
associated In TIE was sgalnst the cen.
trail empires tnr TIRE rurvoas " tfts,
cvgSxlng with them the innsn features