New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-22
ORGANIZATION of Local
Committees i'm 80 Cities
Asked in Appeals Sent
Out by Car ServiceBod
Half Billion Trust
Approved by |. C. C..
Government Willing to
Advance Sl25, 600, 900
for New Equipment to
Meet Present Shortage

4 1
WASHINGTON, May 21-Organ-
ization of local committees to assist
In relieving the railroad traffic con-
restion was requested of thirty
cities, in kilograms sent out tonight
by the car service committee of the
American Railway Association.
Carried out on the basis of pro-
gram laid down in the messages sent
but to railroad operating officials in
these cities, which are the centers
of greatest congestion, the work of
these committees-two in number for
each city-will supplement the gen
sral measures Of track clearance and
relocation of rolling stock ordered
last night by the Interstate Com
merce Commission.
+ To-night's action followed approval
By the commission to-day of the for
nation Of al equipment trust. capital
!zed at soOo,o00,000. which will enable
the rolds TO begin the financing of car
and locomotive building to meet the
present accumulated shortage in equip
hent
The commission proposes that the
carriers take 25 per cent of the stock
Of the equipment corporation and that
the remaining Is per cent be financed
through car trust.
U. S. to Advance sI25, ,O0e, 600
The government, it was said by the
commission, would advance cash up to
sl2j,O00,0 600 for the railroads to pay
for their % per cent of stock. This
amount would come from the $500 O00,-
D00 revolving fund.
The $500, ,000 300 thus provided would
ba about sufficient to provide the 1000
locomotives and 100000 freight cars,
Including 10000 refrigerator cars,
needed by the roads.
At the same time the commission an
nounced its intention of following gen
orally, though not arbitrarily, the pro-
gram suggested by the railroad execu-
tives for the apportionment of the bal
Ance OF the S300,000 900 revolving fund
tbs program being: Forty million
dollars as temporary reserve for claims
and judgments, S12,000,000 for short
line roads, $50,0OO,O00 as temporary re
serve for maturities and S73 900 900 as
an appropriation for additions and bet
tements that will promote the move
/ rnent Of cars.
Cities Asked to Cooperate
The cities to which the telegram of
the car service committee was sent
Pre- Omaha, Seattle, Baltimore, Gin
tnnati, Youngstown, st. Paul, Mime
tpolis, Norfolk, New York, ST. Louis,
bOston, Denver Philadelphia, Buffalo,
teoris. Birmingham, Kansas City,
Washington, \ W Orleans, Pittsburgh,
louisville, Galveston, Atlanta, San
francisco, Dallas, Toledo and Chicago.
The message invites the formation
o. TWO committees in each city, one
/ consist Of officials of LEGAL railroad
1 e'ncers and one to be known as
! cooperative" committee, to be made up
pl representative Of the local rail
i Foad committee. q local representative
| q the National Industrial Traffic
1 Asgue, ah orsarlzation Of shippers
/ shd local repres ntative Of the In
terstate Commerce Commission.
me railroad gopresen tatives will
peet Monday to elect their committee
fna name this committees representa-
1--WE on the cooperative committee.
Program of Activities
The two local committees will be
sSpected to cooperate in the following
fctivties:
obtaining prompt loading and un-
leading Of equipment.
Loading of cars TO full visible or
carving capacity.
flacement of car orders in accord =.
snce with necessities.
heduction Of use Of equipment in
"ap cr transfer service when move
tcontrued on page th-ee)