Evening journal., 1918-01-05

are 20 be charged against the road and
TO bear interest at such a rate and be
payable on such terms as the President
may determine, so that the United states
may be fully reimbursed for any sums
advanced.
Any loss claim 20 accrue 10 any road
by reason Of any Of these additions or
improvements may be determined by an
agreement between the President and
the road. Failing this agreement, the
amount of the loss will be ascertained
under the terms provided In section 8,
From the revolving fund the President
may expend whatever amount he may
deem necessary. or desirable for pur-
chase. construction or utilization and
operation Of boats, bargss, tugs ana
other transportation facilities on the
inland and cQastwise waterways, and
may in the acquisition, operation ana
use Of these facilities create or employ
such agencies and enter into such con-
tracts and agreements as he shall deem
to be in the public interest.
To provide funds for maturing obliga-
iions or for other legal and proper eX-
penditures, or for reorganizing railroads
in receiycrshipr carriers may, during the
Federal control period issue such bonds
notes, equipment trust certificates, stock
and other forms Of securities, secured or
unsecured Boy mortgage, as the President
may approve as consistent with the pub
lie interests.
The same section authorizes the Presi-
dent 20 purchase for the United states
oil or any part Of these securities at
prices not exceeding par and TO sell
these securities whenever IN his iudg-
ment % is desirable at prices not less
than their cost Any sums available
from the evolving fund which Is pro-
yided In Section may be used for
such persons.
Section provides tnat the presiden,
may execute any Of the powers granted
him through whatever agencies he may
determine and may fx reasonable com
pensation for services.
Section 9 would authorize the Presi-
dent TO extend the federal workmen's
compensation law TO apply TO railroad
employees on such terms and conditions
as will give due consideration 10 RENE
dies available under State compensa-
tion laws or otherwise
Section 70 gives the President, In ad-
dition TO powers specifically prescribed,
any other and further powers neces-
sary.
Section A provides that while under
federal control the roads are subject
10 all laws and liabilities as common
carriers and suits may be brought by
and against them and iudgmen! rem
dered as provided by law. Except with
the Presidents written assent, however,
no attachment of execution is TO be
made on any property used by road
in performance Of its common carrier
duties.
section p stipulates that any per-
son or corporation acting for OF em-
ployed by carrier or shipper or other
person. who shall fan 10 observe any
Of the provisions Of the proposed law
or shall knowingly interfere with or
impede possession, use, operation OF
control of any railroad or tr3nsporta-
tl0n system taken over by the Presi-
dent or shall violate any order or
regulation for carrying out the law
shah be guilty OF mlsdemeanor and
punishable by a maximum fine Of S5,
600, or II q person, by Imprisonment for
not more than two years, or both.
Federal as well as State criminal
statutes where applicable shall apply
to an railroad officers agents and em-
ployes Prosecutions win be ia fed
eral District Courts
Section i3, the last, provides for the
indefinite continuance of the law 10
makes this brief general provision:
The federal control Of transporta-
tion systems herein and heretofore pro-
sHff Nn 90 HaN Inn. NaH rf fuf
the period Of the war and until Con-
gress shall thereafter order otherwise
The English method of meeting the
transportation crisis by taking over
control Of the railroads Immediately af-
ter that country entered the war in
1914 was explained In a speech made in
the Senate yesterday by Senator Hollis,
of New Hampshire This was the first
speech to- be delivered IN the Senate
on The railroad situation. and I'm view
Of President Wilson's address to Con-
gress urging enactment OF railroad leg
islation which win affect complete
government control. members follow
ed senator Hollis with interest
Under the English method, senator
Hollis said, the government guaranteed
stockholders the same earnings as paid
during The year preceding the war.
while under a plan of conciiation and
arbitration, wages were increased
through war bonuses with due regard
TO the increased cost of living Strikes,
he said, haNe proven unnecessary, and
as a result the employees have maintain
ed the good will Of both the public and
the government.
The unions Of railway men, through
their executive committee declared
Senator Hollis, "have acted throughout
the war In a patriotic and reasonable
manner, basing their claims 10 advances
In wages or bonuses on the increased
cost Of livlng and not on their power
30 prevent the operation OF railroads
They have realized that a strike would
be a strike against the nation, not
against the companies. They have in
this way obtained very substantial
advance in wages, at the same time re-
tanning the good VIII Of the public gem
orally.
There have been no railway strikes
in England since the war begin The
conduct of the railways and the con-
duct OF the men has been in the public
interest, with every indication OF con-
Citation aad good feeling on both sides.
This desirable condition can be at
fributed TO but one cause-thaJ is, the
feeling of the men that their sacrifices
are made for the public welfare and
not TO swell the prohts Of their en-
ployers. That this is q sound deduc-
tion Is plain when we consider the
hundreds Of strikes in private plants
Nnnrn urnfife ara not ornfro1loT