Arizona republican., 1919-01-09

mittee of the national industrial traffic league have been productive of grau- flying results. We shall adopt many of the suggestions made"
 MT. Warfield said that the plans Of the association, now nearing comple, tion, will shortly be presented to the senate committee now holding hear ings at Washington.
 MT. Freer of Cincinnati and presi- dent of the traffic league said last night, the executive committee of the league is appreciative of the coopera- tive spirit shown by MT. Warfield in the several days conferences with our committee and our members, and good results must necessarily come of it. ! This is the first time the owners of the railroad properties have extended hands to the shippers, and it cannot fail to produce good results. 1 think
 it can be said that the shippers of the country realize, and the war has en- 1 pt1aslzed 1t, that unless the railroads are given reasonable return on the in l Vestment in them. and on the money s required to give the shippers additional
 facilities and service in proportion to l the increase in their business, we suf- fer as much as those who own the railroads.
 1 We are considering the whole sub | ject. The purpose of Mr Warfield and l those of our committee are not far l apart. The league will send repre- 1 sentatives to Washington to represent l it's views to the senate committee" It is understood that the committee 1 of the traffic league is opposed to the
 compulsory federal incorporation of
 the railroads, and also to the creation
 of a single political governmental head
 for the control of the railroads. l WASHINGTON, Jan. 8.-Legislation to prevent President Wilson from turn l ing railroads back to private manage ment in the immediate future will be introduced in congress soon, 1t was
 said today, after Interstate Commerce Commissioner Clark had told the sen ate interstate commerce committee that
 most members of the commission be- lieved the president should be deprived
 of this power.
 Senator Cummins of Iowa declared a
 resolution taking from the president
 authority to return the roads at will,
 would be presented to congress shortly,
 as a means of insuring that congress
 will have time to consider suitable rail-
 road legislation before the lines are re-
 turned to private management. This
 might be accomplished by amending
 the railroad control act.
 Commission Divided
 Interstate Commerce Commissioners C, c. McChord and Robert w. Woolley
 dissent from the opinion expressed by Commissioner Clark. in regard to de-
 priving the president of his discretion ary authority, it was stated. In the course of his testimony today, MT Clark also Fpressed the opinion that private railroad operation is more ef- ficient and economical than govern
 ment management.
 } A statement by Commissioner Me : Chord, placed in the record today sought to defend the commission . against charges that its refusal to ap- 9 prove adequate rates had been mainly
 responsible for declines of railway
 credit in recent years. The statemen : included table sshowing that betweer 1891 and 1917 railroads operating in f come had tripled, amounting in 1917 tC
 S1O69, GOO ,000, while average income pel mile of line had increased from $2 ,05i to S4,632. Dividends on Archaeological . ing stock had increased from 5.35 pc cent to 6.1S per cent. and the ratio O
 income to cost from BIT to 5.27 percent Considered from the viewpoint O Il dividend payments, net income to as ;. serted cost or surplus accumulations n the railroads were never in so prosper = ous a condition" Commissioner Me S Chord said.
 7. Now s1e6,oooooo Shy f WASHINGTON, Jan. S-RailroaC Il earnings under government operation e during the calendar year 1918, will ia t short about s196, 100000 of the standar S return which the government must pa t the roads. This revised estimate wa d submitted by Director General Nc e Adoo to Senator Smith, chairman C = the interstate commerce commission