Bisbee daily review., 1918-02-03
RAIL BILL ID BE REPORTED
 IN HOUSE AND
 SENATE SOON
With. Amendments Limiting Government Regulation Measure Will Come Before House and Senate.
Ry Review Leased wire)

WASHINGTON. Feb 2--The ad- ministratiOn railroad bill limiting the period of government control of the railroads and providing for compensa- tiOn to the stockholders will be re ported to both houses of congress next week At the urgent request of Director General NcAdOO admins tratiOn leaders will make every ef- fort to expedite passage
 The senate interstate commerce committee voted today to report the measure favOrably with amendments limiting government control to eigh- teen months after the close of the war and giving the president power to initiate rates subject to appeal to the interstate commerce commission The committees action was not unan- imOus. Senators Cummins and La Toilette. Republicans. announcing they would submit minority reports.
 The house committee by vote Of fifteen to SIX approved an amend ment providing for termination of gov ernmenI control two years after peace is declared Chairman Sims later an nounced that his committee would complete consideration of the measure Tuesday or Wednesday and that he would ask unanimous assent for i'm mediate passage
 Opposes Limitation.
 Chairman Sims vigorously opposed the two years limitation as adopted. declaring that it would affect the valuation of railway securities Rep resentative Montague insisted that at least two years would be required for the railroad interests to adjust themselves after the war. Those vOt- ing for the two year amendment were Montague, Rayburn, COady. Dewalt. Shook. Sanders. ESch, Hamilton. Parker of New Jersey. Parker of New York. Winslow. Dillon. Sweet, Stines and Cooper. and those voting against it were Sims, DOremus. Stephens, Barkley, and Dale
 The senate committee left unchang- ed the original provision in the bill fixing the rate of compensation on the basis of the a nnual railway Oper- ating income for the three years end ing on June 30. 1917, and the house committee also is expected to agree to this provision, which was sug- gested by the president
 Amendments for increased com pensation to roads based on their earnings or surplus accrued during the period of government control and put into the property were accepted. The section authorizing the president to purchase and construct canals was amended so as to permit only of their utilization
 Arp reputation Retained.
 The section providing for an ap- prOpriation of $500. .0OO. 900 to be used as a revolving fund from which to pay any deficiency that may result or to provide for additional facilities. was retained by the senate committee. The fund would provide the govern ment with working capital operating the roads.
 Tn providing for the termination of government control eighteen months after the war. the senate Committee further amended the bill so as 10 authorize the president. if in his opin- ion Hecessity for further control should terminate. to relinquish super vision over all roads before that time. Discretionary power to determine up to July 1. 1918. what roads are neces- saIy in the government operation plan also Is placed in the president. but after that time he could not exclude from government control any road without it's consent
 The amendment authorizing the president to initiate rates permits an appeal either by the carrier or ship per to the interstate commerce com mission which is to investigate and determine their fairness.