The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1919-02-01
IVARFIELD URGES THE SPEEDY
: RETURN IF ROADS To OWNERS

WNSIiN,rrN. .Ia&. SIS. DAVIES
War:."iG pr..s.d..:.; "t n" National AS
.sociati"u ~ "wnr-s "a: railroad $'cur.-
ties. gave :he senate I'i."rstats S"'n
ncrce Commission committee to-day INC
security ho1c""s- ":"w q: ~" T'I'tF"At
problems X. urged TIA: n" lads D.
retura,,i t. pr:v;l;" operation as carly rs
pract!cabia wI:h l'E!$;a;l"" ':SGriNE
fixed return on property inVeSin'N'S'
SAVING the results q: :",!.r;t; contr"t ard
Scc-at:an ;hrs tar uh.lin"d Cannot give
G,utnr: - advocates % sHfsTHtnso'
ownership.
Mr.. War:;rld. who sa,! it, represented
30.00n.no0 ,e'r<rrlS "w2'nS "F iht"rsS''"
in railroad S.-c,:r:t.,~ proposed Il COM
prehcnSivr pi1a :o- administering ra'l
roads G::d''- government; >u'''F''N'"t' Az
volving 2ros;; shn-inS AMONG employees:
creation Of : FEDERAL cnri," ration I" Az
sist in tlranc:irE railroads. and I" SUI
p.rv,s., ur:;lt<,;iuu II facilities and re-
routing -: traffic: a-hjt ration ~ labor
disputes: control -: tutuc" security IS
sues hv tn, Interstate Commerce Com
mission and retention ~: stat" c'n1'ntS-
sions. H., opposed! th'' PLAZA tor creating
q dcpartu,er, Of railroads with Il caol-
net II its head.
His program follows:
Guarantee b.. act "t congress ~
minimum rHturn on property infrS'-
men, made effective through proper
rates in order tina: th.' securities or
the railroads may DC stabilized and their
credi, established on 4 basis necessary
10 secure tho money 20 pruvid" 20 the
shippers and thc travelling pubic acc-
ouat. facilities ard service. =
Extahl; shurrt .: = fund administer
cd BY IN. Interstate Commerce. commits
sion OF excess earnings abov" tn" fixed
rate Of return. "n"-th:Td OF TINS !" so 20
tho roilr,ad company. on'-third - I'm
ptoyes AS profit sharing and one-;hi1d TO
reserve account.
Creation w = federal corporation. opcE-
atinc without profit. ~ the rhlroaos'
with thr nine IntcrStat" Commerce ote'-
Gals and eight railroad men az trustees
to finance purchase Q: requirement.
from tn. railroad adrn;ni$t ration. to as
sist in financing the roads during the
period 81 return 10 private operation
and % ,,us!t.ruc as = permanent means
for .ucSil!zinc and purchasing equip
rner.s. un:cicatiun o. facilities. rer"u'-
ing OF freight by pooling or otherwise.
and 10 cOn:jnuc Other reforms found adj
- ris:lbiH during government management:
Fed.r:,i regulation u! rates by the IN
Interstate Commerce Commission ~ Do
: ready established. co-"rdiuatlnS Win SIX
i, -eginal commissions; I" DC created. ths
- Interstate |orurlorCe Commission 10 ."
the final court OF appeals on rate rna'-
terS:
Continuation Ot sN2StirC r-lt" commit
tees. composed of railroad mon ana snip
p.rs 20 pass on rates proposed by other
railroads OF SHpprds h":nr'' those are
submitted "a III" regional COMMISSIONS:
State comm iSsionS 90 cout!nI" I" r"gu-
lasc .nt"rSta:.. r2t "$.hut ~ nr"p.F r.
Ia;iouStlI? with iN;"rstat" rates deter
mined hy tho iutnr$tat" Ccn'm"Ec" Con-
mission.
Warc d:.a,i,,S "a D. coac,tia7ad 4 pos
shle by the rcgIonai COMMISSIONS. or
failing in this by ar5itcat"rS WITH aP-
peal - tn. Interstate Commerce" Com
mission findings mot :" II" compulsory
unless mutually agree! before hacd:and.
Future issues ~ securities to. BE- SUI
, pr-r:Sad b. -"gl"uhi ..Yn:mtS$iu1S ana
rh.. Interstate. Co!uru"rr" Commission.
Mr. War::"id presented opinions from
a number az lawyers including hlihu
Root. ,,u"St ion'ng IN" cOnSt:iutt"na!ir
OF = law r..;r:ir:ng -,..so,lI companies -
inco-nnr;,;.. u.slrr :.trr:tl charters onc
forh,ddirc STAT" corporations t" d" 10
t"rs,ats. business.
H., declared ;h:t railroad security
holders IN 80 pas: had rot BON pnU2-
priy protected owing t. development "t
n hoS,il.. state OF mind. resulting n too
ht.lc consideration o. executive bodies
o. tho I..;rrs.at" ,'n.:;n~ccn Commission
We urr.,. sad Itr. Warfirld. tha-
LEGISLATION -. .,!;ic:.,i .Lriy IT tho u
mouths allowed y: ;;,.> S''d"r;l contTH'
act 10 pr, i,:Ira ,"c 'a"ir "rtG-a since