The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1919-01-18

to time. Mr.. McAdoo replied gleefully:
eyes, and they are all equally enthusiast
tic. And there are 100000 of them
and every one voter"
Another and serious phase of the sit
uation is that Republican control of the
Senate after March will be more theo-
retical than actual, for the reason that, in
order to count Republican majority, it
is necessary to include certain Bolshev-
Xxi, Of whom it is necessary to name only
La Toilette, and Norris. This situation
lakes it quite possible that the Senate
:. cannot pass sound, conservative rail-
way measure without the aid Of Demo-
cratic votes. And recent experience war
rants little hope for such assistance with
any measure which Mr.. Wilson does not
approve.
Attention has been called in these col
umns to the $500, 100000 increase in wag-
es already granted railway employees,
and to the prediction of Chairman Sines
of the Wage Board that increased wages
will be granted soon to an additional
$4,000 employees. 1t is safe prediction
that the increase of wages granted to
railway employees under Federal control
will considerably exceed the aggregate
net earnings of the railways in normal
times, leaving them no funds with which
to pay dividends on capital, or interest on
their debts. 4..s .
Another phase of the siatuation which
is important in this connection is that
millions of dollars have been advanced to
the railways, and expended for improve
ments which it was necessary to make
during the period of highest prices for
labor and material, thus adding an in
debtedness out of all proportion to the
appraisal value of the improvements in
normal times. Last fall for instance,
$20,000,000 was advanced to the Boston
& Maine for needed improvements. 1t is
estimated by the management of that
road, however, that the improvements
procured with that loan will have an APP
praisal value not to exceed $12,000,000,
when normal values are restored. EXecu
ton, therefore, of President Wilson's
threat to restore the roads to private
ownership without special legislation,
would mean, inevitably, absolute bank
ruptcy.
This, then, is the situation which con-
fronts the Republican leaders and the ma
ton. Woodrow Wilson holds the future
of the railways, and through them the
financial welfare of the nation, in the
hollow of his hand. Mr.. Wilson and Mr..
McAdoo stand committed to the policy of
a five year extension of government con-
troll. The retiring Director-G General, sat-
urated with personal political ambition,
is already counting the number of voters
whose wages he has been able to INCREASE
at the expense of the people. AND, fin
ally, Mr.. Wilson is on record as threaten
ing at least by implication, that unless
ne and Mr.. McAdoo can have their way,
he will promptly restore the railways to
private ownership, which means their
bankruptcy. For it is obvious that unless
Mr.. Wilson is prepared to abandon his
stand for the five year extension, there
can be no "clear prospect" of remedial
legislation while he enjoys the veto pow
er. Five year extension of government
control, or Instruction of railway values
and financial disaster for the country, are
the alternatives presented to Congress
alternatives, apparently from which
there is no escape.-N. A. Reviews
Weekly.
GERMAN GOVERNMENT AND GER
MAN DISORDER