The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1919-03-06
UNCLE SAN To
RETAIN CON ROL
OF RAIL LINES
FINANCIAL PROBLEM
WILL BE SOLVED
Most of The S667,O0O,OOO
Resources Of War Finance
Corporation to Be Used.

WASuINGTCN March I-Th" GOV
..rnmcnt Today ';v;'rr;;;.".! :" r'f;I;'t con
.rol of th.. railroads ':..~rii.. !r';"c" ~
congress n r:"vsI" :"t:l- ;"r Ia Ea;I-
road admins; r:t'i";!. :t;:'! - nHT" M
roads finance themselves irr ii' N''NI
faw months through private loans On
The optn marf"c or tur'E@h ;t'tN;;N'"S
.,v the var :iuarc'. C'"p1rI;i"r
t,Tur, vii! =" ln'.s!.. - ''',.;it;t}: "p''r-
atoms ON q normal sal, IN: :" carry
on as much ot ;hr :suTrov":i"n; program
- possible IL order :" Hv"th throwing
.rlploycs gu: "t work "r o'h":w5S" d'S-
.r:rhirc industrial! conditions. No az
tempt Will b. mad" 20 solr: n" prob
.cn 10y raising rates.
Those :SSurInccS were Sir"n by l'!-
rsctor Genera! Hines IL public STATE
,nent dad in AT address, 20 III" confer
enc, OF governors and mayors meeting
here. Al the sam" ;l!r'> i developed
that the war tinaGc" corporation mas
snout S661 .01u. .GG6 reserve resources
available. and mos g: th;s 'Ga% <" 10
railroad to su2pl.arCn; th> S;l'i'i th"F
an borrow uutii congress m""fS a-|ain
md has opportunity 20 appropriate
funds.
VIII Provide Funds.
After prntractcd conferences between
Sccre.arv~-ClasS ard other "Gciais 81
,he treasury .;rIG war nuancH corpora
.!or. i: vas %,:.J hat means probably
would be @urcd o. keep th' railToaGS
~ th,- tna:kc; as mach aS pnS-
4 ::: d. 4 : :; ;.:::: :::::: II: Ut:
Although officials app"t-"1. optimistic.
they. e.2.aiu-.! .h;t. tnir:l manipulating
oe financial ni;,ch:w"-y W1U:j u" n"c"S-
sarv ard a G..::ni;e program radH: '"l
u. ,"vclrpri t"r Somc Un1". Ih"ir
somewhat ct,.'r;t.l A,;;tHd" '*;,S Il" cen
,ras, ~ IN" rather r"S&,iliStIc H,iHr-
.,nccs o: S.cr. i;,ry CLASS and iH'T'";"r
.;.no-;,l Hines, l"flrc t:i" Sr:'Ai" 'ni'r"-
nr;atiouS coruTj' sc n "N"cui;T" S'.SS'"n
las; week co:.t:t.'H;inS al: The pass MI
;,v O: the appropriations f"'lar". lar
testimony was :!:;.'!' public t"'aE.
Director Zines Talks.
"Therc would 70. iH" :'r"ral ways in
which We ,ri:ch. attempt :" adapt our
selves to ih':. :."w 81 .I;i"1 :" S;;'sd'niF
..rra,r,!." <o,,! Mr. ii.'.'.s t"l,E. address
,nr the c"uf"rcr,a ~ Gnr'rT:"cN ana
mayors.
Or. way would ~" :" cui down OK
ncrditures A. !;t!Td'E - N"S~!h." IN
every dirrctir!, oven ii."l:,;h t:l'S' ~
+. nditurrS w"r.. &.-:,!y dr%j:aA!". Til"
.,,hcr wa Would ~. Try t" r.~"rt -
Tho railroad c.''rHar5..s a:w! tn. other
business Interests afi.r'"'. =" borrow
. IN. rcc"Ss;rr ai"r"y - "':tal" ~ l" -
Forward with :h.>' expenditures an;
an, ic!nHha;ic:,ll% IL i"f"r "f III" plan
which contrIn,!ft:"S Financing 'k"S-
matters 80 We ~ - Onward with 'h'
expenditures rather 'hIn II IN" 7i1n
- cvt:t:ig 0S: m. ..z'"'rdi,ur''S &" T-
IAN avoid tho fIaailr!LE. .n' hhS"-
:utely out of sympathy With aay policy
which c"n'"!u;ln;"$' Il" slowing i"wr
ni Industries rrr M" rV-o"S" - throw
,ns men nr; .; c'@p,cEn"nt on IN" idea
Thar Thereby III" rats II wages may
t.r CT, down fa. tn. future
Difficult Task.
"A22rnnc:!.a.c IN" :;!at'"- a,"nc th"Se
lines i - Er:ar =. =" f!% policy ard
wiki. n" :H"st c.,r''inE GN-"I"rl.i"r "c
thc secretary "f ~" treasury md ~
,hn war finance. corporation 10 'r' TO
s,nd "v"r: WA ~. .:"'i :" r'''nhrr'sr
IN" treasury AMI tn" - road a'rinrs-
;ratiou through getting tn. corpora
rSor