Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-12-25
CONGRESS WILL |
HAVE AMPLE TIME
J. ..EI0R PASSING BILL
,.,~ 1o9 ; Executive viii Hold
Conn., oI of Express Com
panieS Until the Roads Are
Turned Over.

Turned Over.
tsY aoRaiN1 JOURNAL SPECIAL LEASED wIagI
Washington, Dec, "a - President
Wilson tonight announced he would
return the railroads to private owner
ship March I.
1 The president also announced that
the railway express companies would
be returned at the same time.
! In announcing these two decisions
of the president, Secretary Tumulty
issued the following statement;
Last May in his message to con-
gress the president announced that tho
railroads would be handed over to
| their owners at the end of this calen-
! dar year. 1t is now necessary TO act by
| issuing the proclamation. In the pres
ent circumstances, no agreement hav-
ing yet been reached by the two houses
in respect to legislation on the sub
| iect 1t becomes necessary in the pub
! lie interest to allow reasonable time
| to elapse before the issuing of the
| proclamation and the date of its ac-
tually taking effect.
The president is advised that the
|
not organized to make it possible for
! them to receive and manage their
! properties if actually turned over to
| them on December 81 and If this were
! done 1t would raise financial and le-
! gal complications of serious char
! aetes.
''rhe railroad and express CONF
| panes should be given ample oppor-
| tunity to adequately prepare for the
resumption Of their business under the
| control and management of their own
| stockholders, directors and officers.
| Therefore, the transfer of possession
back to the railroad companies will be-
come effective at 1901 a. M, March
| /, 1920"
The decision of the president with
regard to the railroad properties was
set forth in the following proclama-
ton:
Presidents Proclamation.
by the president of the United
States of America:
"A proclamation.
REIMBURSEMENT of federal control
, of railroads and systems of transport
i tatien.
Whereas, In the exercise OF author
| ty committed 10 me by law / have
! therefore, through the secretary Of
| war. taken possession Of, and have,
through the director general of rail-
roads, exercised control over certain
railroads, systems of transportation
and property and pertainment thereto
and connected Herewith. systems OF
coastwise transportation, engaged In
| general transportation and owned or
controlled by said railroads or sys-
TENS of transportation, including also
to "a Ig TO all maj f1ia
terminal associations, sleeping and
parlor cars. private cars and private
car lines. elevators, warehouses, tele-
graph and telephone lines. and all
other equipment and appurtenauces
commonly used upon or operated as
Il part of such railroads and systems
of transportation; and
Whereas. / now deem II needfui
and desirable that all railroads, sys-
TENS of transportation and property
now under, such federal control, ne
relinquished therefrom, now. there
fore, under authority of section IA of
the federal control act approved
March 81, 1918, and of all other
powers and provisions of law thereto
enabling nfe, /, Woodrow Wilson.
president of the United States, do
hereby relinquish from federal con-
troll. effective the first day OF March.
1920, at 1901 o'clock a. M, all rail-
roads. systems of transportation and
property of whatever kind taken or
held under such federal control and
not therefore relinquished and re-
store the same to the possession and
control of their respective owners.
Direction Mandatory,
walker u, Hines, director general
OF railroads. or his successor in office,
is hereby authorized and directed.
through such agent and agencies as
he may determine in any manner not
inconsistent with the provisions of
said act of March 81. 1918. to adjust,
settle and close all matters, including
the making of agreements for COM
pensatlon, and all questions and dis
putesaof whatsoever nature arising out
of or incident to federal control, until
otherwise provided by proclamation
of the president or by act of congress
and generally and to perform as fully
In all respects as the president is au-
thorized to do sll and singular the acts
and things necessary or proper in
order to carry into effect this procla-
nation and the REIMBURSEMENT Of said
railroads. systems of transportation
and property.
For the purposes Of accounting
and for all other purposes, this proc
lamation shall become effective on
the first day of March, 1920, at 1901
a. m.
"ln witness whereof I have here
unto set my hand and caused the seal
of the United States to be affixed
Done by the president. through
Newton d. Baker. secretary of war. In
the District of Columbia, this gath
day of December. the year of our
Lord, one thousand, nine hundred and
nineteen, and of the independence OF
the United States of America, the one
hundred and forty-fourth
(Signed) WOODROW WILSON.
by the president:
ROBERT LANSING,
Secretary of state.
NEWTON ID, BAKER.
Secretary of War"