New-York tribune., 1920-04-01
Frelinghuysen
Halls New Act
As Rail Remedy
individuals in Every Walk
Called Partners in Pros
perity at Industrial Chiefs
''kestOratiOn Dinner"

Twelve hundred members Of the
Railway Business Association, COM
posed OF representatives of leading in
dustries, held "restoration dinner"
last night in the Waldorf Astoria in
honor Of the release of the roads from
Federal control. Alba b Johnson, pres
ldent OF the association, presided
Speakers were United States Senator
Frelnghuyscn, Of New Jersey; Fred
erlck j. Roster, Of the California Barrel
Company, and G. w. Simmons, vice
president of the Simmons Hardware
Company.
- Senator Frelinghuysen commended
Senator Cummings and Chairman Esch.
OF the House Committee, on Interstate
and Foreign Commerce, for their ser
wees IN obtaining the passage Of the
new railroad act. He said they had in
mind the misdeeds of the past, the in
adequacy Of existing statutes and the
urgent need Of the country for i'm
proved transportation and, consequent
ly, formulated and advocated the trans
portatio nact Of 1920. II said'in part:
AS business man l say to the rail
way managers and to the tinanciers,
Congress has done it's part, the Com
mission will do its part, to see to it
that you do yours, attacking your great
problem with courage and energy and
showing always to the public an eager
desire to be an efficient and an oblig-
ing servant. Be confident Once the
American government gives its pledge
1T does not welch.
Partners in Prosperity
"Fo individuals in every walk of life
l say, you are partners in prosperity;
acquit you then like partners You
Will share in the benefits. Do then
your share, not thinking only Of in
terest and dividends, but thinking a
great deal about the transportation
service which can be given only by we'll
financed railways, and Of the national
wellbelng which can only be ours if
transportation be adequate.
with efficient economical manage
ment on the part of the railroad Off
cials, with the approval Of the public,
with the active and vigorous support
OF the Interstate Commerce Commits
SION and all others in authority, with
the loyal cooperation of the railroad
employees and with the financial back.
ing (Which, under existing conditions
should be extended to the fullest de-
gree # the great body of investors,
there can be no question of COM
plete revival Of the spirit of expansion
and development which formerly domi-
mated our vast railroad systems
lill Called Solution
Presd dent Alba B. johnson. in his
annual report declared that the Cum
mlns-Esch bill. recently enacted by
Congress, promises solution of many
OF the problems confronting the rail
way executives in getting back to
normal and readjusting and improving
their facilities to meet current de
mands. He commended the provision
Of the law making obligatory the pub
lication by the Interstate Commerce
Commission of estimates Of railway
income necessary to provide adequate
expansion and the sanction OF proper
rates to meet these needs
President Johnson's views were re
fected in resolutions adopted by the
association, which also called upon the
nominate as members of the Inter-
state Commerce Commission men of
positive force, who are known to be in
sympathy with the new TRANSFORMATION
act.
The following officers Of the associa
ton were elected for the ensuing year:
Alba B. johnson, president; George
A. Post. honorary vice president:
Robert f. Carr, A. L. Humphrey. G..
W. Simmons, Knox Taylor, W. w. Sal
mon, w. W. Willis and W. H. Woodin.
Weep presidents; Frank ". Noxon, sec
retary, and NJ. S. Clayton, treasurer.
The following were named executive
members:
S. Y. Bush, W. E. Glow. ]. s. Coffin,
W. II. Cottingham, S. NJ. Curwen, Otis
II. Cutler. Henry Elliott. Andrew
Fletcher Howard A. Gray, J. NJ Man
sen, Irving T. Hartz, +. T. HeffeNnger
II. II. Hewitt, ]. NJ Hopkins, f. j.
kearny, A. NJ. Kittredge, C. X
Knickerbocker, Frank J. Lenahan. f.
B. Leigh, Herbert |. Lord, Stephen c.
Mason, Burton w. Nudge. A. H. Multi
ken, w. G. Pearce, +. A. Poor, William
+. Sharp and II. II. Wcstinghouse.