Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1919-02-03
HINES DOES NOT BELIEVEIN
GOVERNMENT OWNERSHIP
BUTIN CLOSE SUPERVISION
Declares Five Year Control
Would Not Mean Govern
ment Ownership Urges
Organization Of Some of
I Big Companies For Gov
ernnent Supervision.

i ,NlT,'.s,
Hines, test!Iyihg To-Day oelore
me sehate inte1state commerce com
lnl.tee 4or the nrst tlme since ms ap,
ne dlo not peheve IN government
~. oWaiersnip, put IN orsanlzaa9n OF
cIosa souernnont s,,paru,s,nn S
IT do not believe there is anything
in the argument that q
five-year extension of government .op-
ertion would necessarily mean gov
ernment ownership" Mr. Hines said.
'I do not personally believe in gov
ernment ownership. I believe there
can be a form Of radically recon
structed< private ownership with such
close government supervision, includ-
inf government representation on the
board of directors. as will give the
public and labor all the benefits of
government ownership and at the
same time will preserve the benefits
of private and self interested initia-
tive and will avoid the political Diff
ficulties which perhaps are insep-
arabic from government ownership.
"I believe that all the objects which
I think must be achieved in order to
accomplished through the creation of
a comparatively few railroad COM
panies which will have capitalization
equal only to the rail value Of the
property and which will have a mod
crate guaranteed return with the
right to participate moderately in any
additional profits,
Reads McAdoo's Message
To permit development OF a com
prehens1ve ana permanent solution
Mr.. Hines read Mr. McAdoos recon-
mendaton for a flve-year extension
OF government control ana explained
that It this were not done, oe pelleVeo
1t would oe best Tor all interests con
cerned to rennquish government con.
troll without Waiting Tor expiration OF
the tWenty-one-month period proVlo-
- ~ ,eaes .N,oe .e 'a"' ha ,,:,+,,,,.h,." hs
added. "that any suggestion of early
relinonfshment should be put forward
as a leverage for forcing an exten.
sion. think the entire subject ought
to he determined by the logic o.
facts" ~
discussing the reasons for taking
more time for considerihp LEGISLATION
he said:
"A very strong feeling nrevails tina,
mi. ni,estion ia being pushed now by
the railroad executives because they
feel that the going lis particularly
good and that they had better make
private manaxements hay while thi
anti-xoyernnent ownerahip sun con.
tinues B assfna. 4 III d0 not believe 8
solutinnIfr, Eskyysai,afis III ~ pnir. = saM
isfy insApns5lial sssa q q: ~
Soyfar as physical operations arl
concerned, said the director general
there is now no emergency which
calls on the government to, continue
control OF the railroads. He explain.
ed that the methods adopted by tht
railroad administration during the
war now are open to reconsidera tior
In light of peace conditions, addine
that this had been Mr.. McAdoo's at
titude.
a-.r E,,. u.ro.voo, u,~,.,,s,o,
A.. - -. s',,
MI a!nes presenter ms IolloWlns
arguments lor d nve-year extehslon.
VIII give aavocates @ OF govern
nent uwneelp iuli oppor.untty y
press tnelr views Wlthout oeing IN
nuenceo oy lne tempoIary reactio'
against government cohtrol.
VIII remove !he necessary 70
unoue naste IN sowing such a W
program as the 1uture OF tne ran
roads.
II VIII staoiilze employment an
wage conoiuons, permit prosecutlol /
pI Dls program OF improvement
ana extensions. help 10 take up TN
siack IN empioymeht ana materlal
ourlns tne cFltlcal perloo OF reao1ust
'nent.
u WIN pIotect security noloer
penug =. 5,, an :ia ulaInate solutlon.
making railroad questions nIirel,