Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-06-06
APPOINT ENGINEERS.
BOARD FOR STUDY
IN RAIL ECONOMIES
Security Owners Take Step in
Effort to Solve Transpor-
tatlon Problems.
SAY INTEREST ON BONDS
Is NOT BEING EARNED
Declare General Decentralization
Now Going On Is Far From
Reassuring.
Mrrn MONEY REQUIRED
'nhn'icre Wish to Have Roads
Give G."d Sri,ir With
Smallest Expense.
SAY INTEREST ON BONDS
Is NOT BEING EARNED
Mrcn MONEY REQUIRED
inanriCre Wish to Have I.,uds
''iN" ''nnd ScrSirc With
Smallest Expense.


rn' ."l ." IN" TImcs Dispatch
'''" i'Hh jun 'in g state
~'''n "u' Mt'r uc"'lts J:i
4lf' comm ii'" 90 'u' %'-I
'N'-', non oi 'NneT- "f ran
ga N" HfI'''" h"id iu Sc" Nork
'""'"'''W W'"i is mad" @; tho aproiui
"i board "i economics ari
'h'or'ht 1hIs h"'rd d. COMPOSED
'' .oN'"i"s engineers 'nd ~
'"n" stevens 'oIoH'! f
"'''''r' '"'n b Naiihr' " I. bhr-
'".t' l. - S'l'""'l !" " 'oiWtts
no ""rN 80 Doe performed hN I'M.
"''f' ." r"S"id"n 'H 'n lrH"r'Iu.
@.'H y" IN" solution Of thc 'rAm-por
''''h nr'"i'n's no" confronting th"
ne security ""n"r- i'
.'''' arc t''hi'S '"n"'rn'd in 'N
tT'''"' i""h'h Th' interest ou ne
''''''s TO. roads. E"n'r'ly > n'i
''.'N- '''h'H 'h IN" s"E"'uW"nts
.'N''"n "l ih' railroad ih"y ~
,'''" '',' 'h' i"'+"' r"'S"l"'rH
- '''"' "uh'r INC provisions Of ~"
"''''''''S ''' ~ Po'"'cH ""'
tA"' th' pr"'"p"'" hnN lh" conditions
'','''''I ".' my" 'h"if 'h''' m 'he
''''' '' ''''''5H S''''' vs.
] '""'r> N"' >"''>"'"'
~ F''' ga ''' '''N 'h' '.'r'.'
, '' ""'' 10" '"rH US "'e"
N'''l "'""'''i' H"' ''''
'''''' 80 Ni''
-"'A '"''''''' 'i ''' "i'h''" '' W.
''' '''' ''"'9''
ins Tn! p"ih' '' ih' ihfS sums
lar la ft4fN 10
sn., rs tho properties auu "a IN"
surn ew.nu IA. government
T't. .yr,utiy, coiuuitt.a ard lh"
Art us .xn,rtS b,l..y. that sui
,t, ,..,,,,, r .,,,.,..,,. ,,
,-.,, ,,.,,,,tn .,,st,,
is.. ..,,,-.,,d i ,,
'''N' .'''' '''' ''. ~
''i' am =" ''""''' "'"''"
.n M'F'n i'H' nus q" '' "'' "-"
Fi.sh"G through ef""p "rH'h'""
;ini ~ TIA" railroads an n" four itf-
.Itorios the Interstate CommcrC" com
tsiou ,L- l.,id ont.
TN, committee feels ,hal uuic.s in
., ,.,rotui.S ar. ,n.rtcd ,horo
n, ,.ne,l,,,. rates ana fares rro-
.r 49, .,,,,,...r, ,.,,r,.,,
r. ..,
'."''l'''
'' w -
produce" 'h'''-" ''N''
N"rhr'h "h~"S statement
Tho stht"mcni "i l'r'Hid'nf = -"
t,e NNarii-id. Of IN" association lh
announcing th. appoiutm"UN oi n
t..rd follows:
ia ruomhcr OF INC board OF cro-
,,irs and .ucin"rring Us connected
.b , railroad roIupany az with ans
.,,nriaI institution Tho board is
,u,h,my;crcd 10y ties III indi vi,iual
~.ilroad or financial identify or own
rshir. or by tn" influences "f any
,griicular security owning o. bank
,. group. il Is free from the cnvir-
,umrnt that attends governmental
..,noiuiInont II can pursue its in
,,eti.ations and reach conclusions
solely with the purpose uf securing
Tho substantial! economies than can
bo mad" in the public interest. only
rossihlc OF attainment by thosc in
rosition to view the transportation
system as a whole The same re-
suits cannot hc expected I" bc at
tanned through voluntary agencies.
associations or ,m*trdm"ntatIti"S
conn oscd Of officials of individual
laHr"adS or systems surrounded by
IN, compelling Influences t"ht arc
necessarily "ntah'd upon th"S" "h"
repr"sent tn" comrtut.Ne interests
%! ,"r1. nrS hn, "rg,,,,lra ,nd.