The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1920-03-01
j6LNAyS
||gk TODAY IN
! 'plRIvATE HANDS
Hines Power Limited to Set
Ting Up Many Claims,

Wy tnr HNs'tAa''H
WARRINGTON. March I. - The
Oulted staics railroad naturalization.
~ governmental agency which for
OosU than two years has controlled tho
oporation Of the nations railroad sys-
oSDs, paused out of existence today
With It's passing at midnight, the $50
llneo that had been mefsed into what
res practically one gigantic system.
aeaIn went under control of private IN
SSreuts. free 10 operate In competition
a. Of old. The transfer was without
Incident ana there was nothing 10 IN
dieats 10 the travelling public there had
ee~a \ change.
hlNss Lsst AmenS Directors.
q the staff of directors who CON
oroIled the roads during government
oessatioA, Director General Hines Hione
Ssspains. lie will have no authority In
directing the operations and remains
oimply 10 clear up matters left pendlng
when the government relinquished con.
trol Thss. include thousands oi
claius, contracts and grievances yet TO
b. eettisd and among which are eighty
thrss compensation contracts shd va
vtsus roads which stili arc the subject
n negotiation.
finder the so-cailed railroad reoTganl-
oation bill which governed tho t'iurn
Of the Transportation systems to private
ownership. but little Jurisdiction is re-
tainsd ~ the government Under its
terms ths Interstate commerce comnis-
slon Is given greater power 10 control
rates and compulsory arbitration ui la
bor disputes IN required.
The government also retains a Ger.
laln amount Of control over their bond
issues. but at the same time insutes n
tixsd percentage Of profit and makes II
possible for the corporation TO obtain
HAAS from federal fund set aside for
that purpos,.
Specifically, tts hn authorizes the
Dessldent TO settle All questions. inclnd'
tss compensation. and approptiates
o100. .eO0. 900 for this purpose.
Provides guarantee Of standard re-
turn" to carriers for period of six
months after the termination Of federal
control. =
( Creates n receiving fund n $500.
~ 600 for making new loans TO carriers.
Creates railroad labor board and
>tlssr machinery for the amicahle set.
Element OF disputes btuween einpioy err
snd employees.
Directs the interstate commerce com
mission 10 Fix rates thAt wiz provide
for two years 81. percent returns IL The
railroads on the value of the aggtcgat"
railroad property devoted TO the public
use.
Provides tLat II any carrier earns In
any year a net operating Income In
excess OF . percent, one half of such
excess must be placed In reserya
fund and the other half must bc paid
into a general contingent fund. TO be
used TO make loans 10 carriers.
Railroad Securities Regulated.
Gives 10 the Interstate commerce
commission the power 10 requisite the
Issue % railroad securities.
Increases the interstate commerce
eommisslon from nine to eleven mem-
bsn and their salaries from 10000 to
ol3,o0o.
Whether union laborers who stub
No.n'y opposed the measure In cDn.rtss
end later sought to have President vii
0oa veto II. viii test the constitution
olliy OF the bin In tho courts. viii DO
oeeiled here tadny at the conference
~ executives of the railway BROTHER
tsods The conference was arranged
to consider tho presidents reply TO
oheir formally presented objections
Ninss Organization Demsnted.
OF the gigantic organization created
by former Director General McAdoo ms
wnr.,lint 'exrcdont only n small par,
remains. Regional officials, federal
managers and trsasur"rs and many high
officials comprising the director gen
erals staff ceased 10 function ms such
st the designated hour, Some of these
have rome back 10 their former places
~ officials of the corporations while
Others have entered into new lines Of
sndfayor.
Nr, 1'nes will continue IN his present
capacity until about May |, Although
Withbui any railroads IN direct he s,lli
thres the Eetilcmrn, ~ literally thou.
sands OF claims. cantrpc,. mud gricv.
uncvs. Only ~ al the $50 cnmpcn
ostIon contracts with the corporation.
actually we're signed y ting the gov.
eminent control and the remainder viii
Y continue 10 be the subject Of ncgntiN.
ttons. Damage claims have arisen oi
which many arc sllll pending Labor
has several thomlnd cases before the
9ovssnment wng- boards aud Nj. Hines
bae srsur-d the labor prokesmen thee,
/ Nm b. coacluded
fhe reply given by President Wilson
( - laboF's objections 10 the tcorgnni.
"A oAtlon bill win be considered today hy