Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-06-10

America, primarily mutual organization of security
owners, is endorsing and cooperating with the
League.
The Citizens National Railroads League pro-
poses to coordinate all interests and to offer for the
consideration of Congress plan for the future con-
troll and operation of the railroads which Will assure
to this country the most scientific, efficient and eco.
nomcal transportation system in the world, and al
the same time protection to the security own
ers and to railroad employees
We believe that only in this way can the railroads
of the country be brought to the physical and nan
cia standard required to the country properly
We feel that in this way only there be accom-
plished return of confidence in railroad securities
and at least part of the $6,0O0,OO0000 artifcally
depressed market value of these securities reclaimed
The latter is as vital to every citizen and every
industry to the securit yhOderS themselves be-
cause ii would mean so much added wealth and SO
much credit capacity for the nations business. One
thing is ceran,-there can be real effective recon-
struction of Americas commerce and industry with
out first of all reconstruction of the nations rail-
roads, their earning capacity, their security values
and their credit.
To help carry out this program, every stock and
bond holder every insurance policy holder every
ngs bank depositor and every public spirited citizen
should Join the League, realizing that the danger
threatening the railroads is a danger Threatening
their country We cannot afford to let the grass grow
under feet while certain interests be spend
ing millions of dollars in effort to befOg the real
issue and keep the railroad industry, which repre-
sens One-tenth of the nations wealth and does one
fifth of the nations entire annual business in state
of suspense and confusion.
The League is organized to perform great pub
lie service Among its sponsors and advisors Gov
ernors and former Governors of different states col
lege presidents leaders in commerce. industry and
agriculture and prominent public spirited men and
women in every walk of life These people serve with
out compensation and are giving both of their time
and money to this work in the hope of ending rail-
road exploitation, railroad mismanagement and rail-
road wrangling. The League must have funds with
which carry its work and must rely upon voIun-
tary public subscription.
The great mOneyed interests which have been in
control of the railroads for the past half century
naturally unwilling to surrender their hold and
they will fight any change in Railroad Control. They
cannot be expected to lend either their financial or
moral support to undertaking.
We, therefore, must seek support from the rank
nnd file of men and pOmen railroad security Opners,
and from such other public spirited citizens as can
realize the aredt importance of the ,pork of the
League in the interest of the people and of the
country.
Security OLoners Ioho psh to cooperate and to
assist in undertaking urged to send at once
a voluntary subscription equal to % cents for each
share of stock orCRed, and So for each bond Other
public spirited citizens desiring to take part in this
great pork in behalf of Justice and democracu can do
so by becoming members of the League on the fol-
lODing basis: (a) Sustaining premiership, 81 per an
mum; (b) Associate membership, S5 uer uanum and
(c) Contributing membership, ST0 or uplcards
- ~EYr