El Paso herald. (El Paso, Tex.) 1901-1931, 1919-05-10

then the Chicago g. NOrthW estern I
rates viii be raised. too Now, how
are you. going TO t9ke care OF lne
sick patient without letting one get
lot of revenue to which IL is not en-
titled and when the rates are raised
the business men In that territory sur
fer accordingly
eve felt we could have won the
war without taking over the rail-
roads and we won the war. Now
we've got TO pay the price, what
ever IL f.. Records show m in
creased cost to shippers and pack
ers of $500 O00.0oO. yet there was
a deficit Of S2oo.OOO,OOO. II Is
stretcher case
What had we better try TO do7 I
think YOU can't run these railroads
unless their credit is good Why and
how are we to make their credit goods
We can restore credit by fixing their
capftal and when we have fixed IL,
give capital a fair return on its
money. What do we get by fixing
capital2 You remove all the friction
and turmoil that have been going in
these railroads for years.
Wants Private Ownership
7 don't want government owner
owners to run them and operate them
in the interests Of the public. but I
want 10 stop this endless fighting by
saying no more capital shall 90 into
railroads without government consent
therefore the issuance Of railroad Sc
curities should be regulated.
You know we adopted the Sher-
man anti trust law and in the main.
think It is correct We must protect
the public from monopoly. but I've
come to the conclusion that the Sher-
man anti trust law. as regards the
railroads does not function properly.
we want to regulate these rail-
roads by giving the interstate COM
merce commission or some other regu-
lating body complete powers Of reg
ulati0n- This body ought 20 have the
power to regulate the intake and
outgo."
VIII BE NOn-Partisan Question.
In view OF the fact that the Re
publican majority in the next senate
IS two and that a change Of one vote
produces tie. with vice president
Marshall to cast the deciding vote Il
is not unlikely that the railroad prob
lem viii be handled as a non-partisan
question, in which event opinions
from such men as senator Underwood
VIII be influential in shaping legisla-
ton.
So far as sentiment IN this part OF
the country is concerned. an early rat
itication Of the peace treaty is IA
vOred.
The proposal that the United
States shall agree CONFORMITY with
Great Britain to come 20 the aid
OF France in case OF an sunpro-
Voked attack" by Germany Is np-
proved for two reasons.
First, because people here under
s Jand II Is the purpose OF the league
or nations to prevent "uuprovoked at
lacks on any country and that If
lnere Is any one nation 20 whose aid
the folks in this country would rather /
come when in distress than any other. I
.t is France
second, because the United tSates I
has Just aided France upon whom I
Germany made such an attack. and In I
ne United States was right in 1917
men she cannot consistently be 9TH
srwise IN the future. But briefly.
ltter reading the severe terms OF TIE /
leaee treaty. especially the provision 4
elllaerlng Germany impotent from a I
and naval point OF view most /
leople hereabouts have the feelings /
mar 70 sign defence agreement with /
/ rance against an unprovoked attack
y Germany is like underwriting an
sqrance policy that viii never have
o pc pald-C0pyrigh 1913. BY New
ork Evening Post. Inc.