The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-02-01

ably situated railroads more revenue
than the public will sanction or more
than would represent fair return on
ITS property The earnings OF railroads
III excess of flked reasonable rate OF
return TO be applied as provided in the
following section.
distribution under the control and
jurisdiction OF the Interstate C'ommerce
commission OF percentage of the fund
ABOVE provided, that railroad emplovees
shaii receive the benefft OF profit sharing
py insurance or by such other legal meth
oos as may be determined upon likewise
uistr,oution OF percentage thereof
among the railroads earning H. and nm
der the plan and in furtherance M In.
centve and initiative b. tablishine
operating efficiency standards for Ger.
ain improvements to railroad property.
unuer restrictions, not to be capitalized
IN rate making. and for other purposes
defined In the plan.
continuation OF rate committees
composed of representatives OF both rail-
roads and shippers established in de-
nned territories of the country to pri-
marty consider and pass upon all
changes in rates requested by either
rauroads or shippers and before being
nlieh with the regional commissions or
Nided in tho plan.
Coordination by the Interstate Conn
merce Commission of the work of the
state commissions as far as the limlta-
tions or the law and the legislation pro-
vided under the plan will permit, with
that or the regional commissions The
adjustment of intrastate rates to the re-
quirements OF interstate commerce as
prescribed through interstate rates is
vested In the Federal commissions.
Regional commissions act as boards
OF concliation for the settlement OF
wage differences between the railroads
and their employees. In default OF set
tlement such commissions shall appoint
TWO arbitrators the employees naming
TWO, the four so selected naming the
nfth. IL required. Appeal may he taken
10 the Interstate Commerce Commission {:
ire findings not to be compulsory unless
mutually agreed beforehand A fixed .e .
turn being provided under the plan. ex-
penditures for wages or other elements
entering into expenditures are super
vtsed by the commissions.
Future issues OF railroad securities
supervised by the regional commissions
and the Interstate Commerce Commits
sion"
Applying these fundamentals in detail
the plan Is presented as follows:
SIX Regional Commissions.
It is proposed by act of Congress to
divide the country into six regional dis
tricts corresponding to the present rate
making districts. The Interstate COM
merce Commission to define definitely
the bounaries, which are now approxi-
mately as follows:
Trunk Line and New England, being
the territory east of line drawn through
Buffalo and Pttsburg and north OF the
Potomac River. (This territory might
be divided into two districts)
Central Freight, being the territory
west OF line drawn through Buffalo
and Pittsburg and north OF the Ohio
River and east of the Mississippi River
and south OF the Iliinois-Wisconsin line
including the southern peninsula OF
Michigan.
Southern. being the territory south of
the Ohio and Potomac rivers and east
of the Mississippi River.
Western Trunk Line, being the terri
tory north o. line drawn from ST.
Louis through Kansas City to the Rocky
Mountains and east OF north and
south line to the Canadian boundary.
southwestern being the territory west
Of the Mississippi River and south Of a
u
sas City to the Rocky Mountains and
thence south to the Mexican boundary.
Pacific Intermountain. being the terri
tory west of north and south line
through Denver. Col
Each OF such regional districts shall
be provided with regional Interstate
commerce. commission Of three men,
hers. The Interstate Commerce Com
mission shall have authority to designate
the procedure To be followed by such
rate committees Rates, rules and
regulations affecting the shippers shall
be published carving notice thereof
and no change sinai! be made until the
regional commission having jurisdiction
shall have passed thereon
Questions or complaints that may arise
affecting two or more regional districts
shall be referred to the Interstate Com
merce Commission. There shall be
vested in the regional commissions, sub
ject to the Interstate Commerce Com
mission, the power 10 correct and con
troll intrastate rates that uniustly dis
criminate against interstate rates, in the
States within their respective districts
each Stale to bear its proportion of th'
interstate rate.
Mr. Warfield here in;erpo!ated th'
following remarks.
THE advisabi!ity of retaining certain