The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-03-21
MADOO RESTRICTS
EXPENDITURES OF
ALL The RAILROADS

WASHINGTON. March 31.-Thc first
&c, OF Director General McAdoo today
nfte- President Wilson signed the rail-
road BILL which provides $500 1000
revolving fund and prcscrioes basis OF
compensation u thu owners during ieu-
.rnl operation. was TO issue an oroer
restricting railroads capital e1pendi-
tures TO extension and betterrents ap-
( solutely essential under war conditions
Inasmuch as the government has now
undertaken largely the financing OIL
improvements and purchase OF ne"
tournament. the order will serve az
Safeguard 20 thc big working trho-
TT. signing OF the bill opens the
v:av :or the railroad administration 10
n-rrc..t WITH necessary extensions. WIKI
the r.s0tiliiunS ot agreements q"
condensation and with other l"Tn3 VI
financial assistance 20 tho cornpa'1e''
One Of the first results prnoaoIE Hu'
be thu. conclusion OF an arranGemene W
which III. government will participate
"a some degcc" in thc meeting u
ooD 0OD notes OF tho New f"rk. Ne"
Ii.,., &. Hartford railway due April
Is AN announcement on Inns soo'|~|
may he mad. this week
Headed by Lovctt.
Without waiting for the raliroadl ou'
:, mass RI. final stage OF the president
a,oroval. Mr. McAdoo had created III
m. railroad administration = t'FiS'o'I
of CAPITAL expenditures. A:aoeU
Robert S. Love;t. former DIRECTOR "a
nriorittes fo- IN" war Industries ooAru.
70 supcryIS. III" regulation OK acuitioi-'
and bettcrrlenis
This division will soon scan all IT.
QUESTS for ;hc building o. ne" 'el
y,inal. extension -; lines. pu ''tS>' VA
,,,o-,ot,ycs cars and Other equipment
and all other enterprises RECURRING
,,srd;t,;-, OF capital Engineers q: n"
r:i-,,.I administration will report on
tho physical necessity o: proposed o''-
,crnnnts before th.s. are considered oy
higher officials After being approved
hy Mr. Lovc,t, and ;hc director general.
PROPOSALS involving capital expNndi-
lures will go 20 the division OF finance
and purchases. headed by John SHELTON
Williams, for execution.
Guided by Necessity.
In his .,..!cr today Mr.. Mc.Ad"o asked
railroads CONSIDERING extensions 70 be
guided ~ -, war iirne necessity Tor
..onscrvi:..- capital. labor and material.
fard bv th.. i,r..,, that enterprises WHICH
n ~. iu..-::"r'"ua from the stand
nc OF an Individual railway may no:
...,ns have been unified under govern
,aent control. liz Specified that con
slruc,inn OF new lines or branches and
-lurchasH OF I"coUl' tres or extension
work begun or contracted for before
January |. when III: &ovcrnrl"nt took
EYER control may -, continued. y" ""rF>
involving a charg. o. more than S@5."o"
- tn. caoital :rrs'ruut :ray BE- started
without the director generals approval.
but enterprises requiring less tnan tAat
amount do not r"Tu'r: SP"clnc 't@Pr"Fe'
,.rny!d!n. they are essential ami Are N
! conformity with Z previously stab
IiShcd custom %: ths road. Although
Mr.. I,ovntt's division has been orga";z"d
naly = week. H.. has been h"SicS"d WITH
applications fog extensions "i mes;
u,n.. cr ,h.s. come from commercial
..:,.r.s,S, chprui""-s ~ C"mnl":c" or
.r,aicip,, representatives who want
.ju,,;.;.. tracks "r switch lines - extra
stations. Mos; ot them have been re-