The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-05-09

IT, So. a,saI n. 90 ,,,hat uras r,ght
and rronsr =, tool, tho thing an after
,ha Ipi,.ata no =, go,,,ent had Coached ,ts
oono,,,.,ar a,d ,,sooaadad 10 cor,,dar ~
A., , 80 - 20 .s..ss,.s.. - a.,
!" an "''hospneie Va o'e .',,, "au -
a long drhwn OUT nsarnM ,, VII ga
rnent nnu uepa'e anu '''i'''"''' ''"
'ec .i,.., a''oh'
me ,act ID MIA Ior a e1ou y
years AL 'he pupi,C aspocts y. WIG ia
road business III tnis cou,'.ry ,Wele vi
oucteu tnroush series VI pelpe.uai 20"
suits, ana no business can Dc success
fully conducted on that OASIS ana no ue-
gree OF PUBIC Tranquility can pe sccuih-
pllshed through that netnoo Oh ueahhs
with q subject ike ms Which ID 30 m
timately connected with the WeHaIe Oh
every Individual In the country. Inose
conditions led to the greatest uncerT
tainty and prevented the attraction Into
the railroad business OF the capltai tnat
was necessary.
AS I look at It the objects which ought
to be accomplished and which must be
accomplished in successful regulation
are that the regulation shall realize an
adequate and economic transportation
service performed at reasonable rates"
| c,.
rse'
Mr.. Hines then sketched some OF the
measures which he believes will have to
be taken to eliminate these evils when
the railroad properties are restored to
their owners He said:
I'm the first place we must get rid
of the several hundred railroad COM
| panies, some weak and some strong.
| We must get few consolidated railroad
| companies which will furnish q fair
average OF conditions throughout the
country, so that when regulation 10 con-
| sidered and put into effect as to any
specific manner We will get away from
this insuperable obstacle of the past
that regulation will enable some rail-
roads to thrive and probably will drive
others cut of business
My own judgment Is that II will not
be and cannot be accomplished In that
way, GSe ,nere o, a,iroeds ~ thi. onu ~
try under Government control and direc-
tion so as to require the weak roads
and the strong roads to be amalgamated
into systems representing fair average
OF conditions.
Il think that 1t is desirable In each OF
the great sections OF this country-he
East the South, the West-to nave sew
erai large competitive systems. be-
IieNe the PUBIC wants the competitive
service. ana mink the eHective way 10
40 that Is through Dig competitive sys-
| TENS IN the same sections or the country
MY contention Is that IL shouid DC
Drough' ABOUT py compulsory iesisia-
t'oh SO thst 'he systems VIII IN iact De
constituted ana 30 that IL VIII not Do
ieIt 10 the mere PROCESS Vi eVoiuioii' eA
. .ehoails over ihany Yeas, eauins
.nioushou, ali 'he intervening tiIne 10
.nis unehuias turnioli ana uiscon.en. on
.he part Oh lhe pubic ana also ieaolns 10
sreal many rallroaus nnanciai wreck
! N W .i'1 ooh'eIaeh. uisI, uee VI
| 80 - -. i''e' nc "otiu 70 ehei.y
80 90 ~ ~" us"t 49, VII ZIG Ii.a.Uei onoe
Gnu A'i al Al All ehec''e why anu eie
~ NuinpetitiNe eye.one'
$50. WI -, Wv. 9,, = "a o
1900 90 10 49, ons,,ta
|
To BE Officially Capitalized.
/. .>.ou 49,, - .o,, .,
oor,,oro,,ons ,S - ."s',,
an orIo,oi ,J,aI,-,1 ~, Iies WI, na,e
The, Iii 49,, ~, - ro.,,.ou,, 80 ~.
ass,r,,,, . .,,h,a a.iu ~
r,binh ,o .me s'oue ~ tno pas,
as 70 n,,o,oa,,,,',,-o,ia ~,
tale oora ~ ,,saIt Th.,, az" ~. ., ut. -
| s,,,.a ,ha ,,,,o.', -. a.
Sv which rae,,ia,ion ~ ~ eara o'
"Tbarn a,,eht ~ ~ sSe.,,.
| ,,an,oI r,oI;a, go. 80.
|
| sb,u ~ .,ef,.,an,
ra,,,rr ~ ~ -,
IN addition 80 ,ha, 80 ,,,.
| u,h,cb 10 - ho 49,. .a,, g., ~ -,
artv mi. n.o,,rs rra,,n,t 49, - p.os
from gojps hacLwn., ~. , a,
unduIv incr.asina &C. oan,..,i.o,,o,,
"Next ,s ,ba c,as,,an -,
puarantee 49, ,aoL n, 49, !, 4. -.
n n,a,ter n, ,orr, ,han -, .,,h.,as ~
son,a ,ysv tho co,arrro.n, - =. ~
hack ~ ths railroads 7, 30 80 - 49,
thew e,,rn erouyb 20 ,,,r,o, oani,oI 49,
them and n.be,har e. - ~. ny
direc, wav nv en- an ,ndirao. ~, ,,a
I Government 10 norn-,i,,ad ar,.,on, y.
must contro, tho bnsirass =. 80,
tho closes, ine,gb, ir.o i,s ,,,orar.er,a,,.
NV own tho,,g,,, IL s,at .he 80
daenito ,.o,, co., 1T, 49,. - ~
that irs,irarca ,ba ha,,ar 7, 49,, $50. =.
I'm tho Tor, ne a a,roo, 80 ~ ~
20 IN advantaao IN 49, "a I, -,
vida FOR n shoe In tha oxoass Ia. p, o,,
| do No. L,u iri,t.,i,.a '0N
! .yo,, do NO, r,aLa ,ha .;.,o,, ,.I..
! toward co,,arnn,an. ,eSa,stS
more definite ,,o,, ,,,aLa ~ r,,a...n
7 haI;eyo ~ iou.o 90, -, ~. 80,
nassapger ana traiah, oo,'ir9 Va.
,akAcara -, tha si,,,a,;or :, N1
Tho st.ta ~ sIooSnnss hioh ox,..os
betve.r ,bo ra,,,Ia,tna .,',hn-I.,e
tho railu.oy o,a,.a,,,,,r se,.Ia,r ~