The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1921-06-16

said. "Our plans were ready and then
1t was sent to the commission and then
the war came and stopped all work Of
railway extension. The grade crossing
is inherently a dangerous thing and in
a city like Kenosha they should be
eliminated"
"We admit that we are in default in
this work in Milwaukee, Clinton and
other cities as we'll as in Kenosha but
| can make you this one promise, and
l am careful about my promises, that
/ as soon as the Northwestern is in funds
We will undertake this work SO badly
needed in Kenosha. | can not be more
definite"
Mr.. Finley went to some length into
/ the explanation as to capital invest
ments of the railway companies and
showed that all work such as eleva-
ton and other work which did not en-
ter directly into the production of op-
Grating revenue must be secured by
loans and bond issues. He showed that
! the average rate OF interest on the
funded debt of the Northwestern was
4 four and IA half per cent and that at
4
sued at an interest rate of less than
seven and half per cent. Gust as
soon as the financial conditions adjust
/ themselves so that this company can
borrow money at fair rate of interest
we will do this work in Kenosha"
Like Alice in Wonderland.
President Finley spoke at some
length on government operations of the
railways. He refer red to the recent
experiment of the government as "the
wonderful adventures of the govern
ment in government control compar-
able only to the adventures Of Alice in
Wonderland" with an airy grace"
said Mr. Finley. "the director general
waved his magic wand and the wages
went upward and when the lines were
running behind there was. more waving
Of the magic wand and the rates went
up"
Disruption of BUSINESS he declared
had been caused by this upheaval in
the rates and the wages paid. He
pointed out clearly the handicaps
which the government had thrown
about rate increases previous to gov
eminent control. He referred more
bitely to the fact that the waterways
were all built and for the most part
maintained by the government and
showed the small percentage of actual
! transportation return made by these
agencies. He declared that if the gov
eminent would just treat the railways
the same way the people would never
have reason for complaint.
Shows Rates are Fair.
He discussed intelligently the ques-
lions of rates and showed that as a
sample pair of sox could travel more
than fifteen hundred miles in the Uni
ted States for less than a cent. Mr..
Finley declared that the people must
come, to understand the railway prob
lem better. That the people must
come to learn that the railways were
working for mutual and a common
interest. He urged better balance be-
tween industrial and agricultural de-
velopment and declared that the rail
ways sought to aid in solving every
great problem of American business.
His address was a presentation in I'M
vanished words of the position of the
railways and their claim upon the PEG
pie for consideration of their deeds
along with the consideration of the de-
mands which are made upon them.
Simmons Vigorous as Dawes.
z. G. Simmons, who was introduced
as railway magnate" qualified for
the class which has been largely adver-
tised by Charley Da1es. He opened his
poppy speech of three minutes by the
declaration that this has been hell
of a good meeting" and the rest of his
4 speech did not lack in vigor shown in
the initial paragraph Mr.. Simmons re-
ferred to the fact that the city of Ke-
nosha had been married to the North
western for more than fifty years and
that the president and his groomsmen
had come to see the bride He declared
that when a city pays a railway com
pany more than $3.50 900 a month if is
entitled to an official visit oftener than
once in fifty years.
Pays Tribute to Northwestern.
"How long are we as Americans 90
ing to allow the politicians to prosti-
tute our birthright They have given
out the general impression that the
railway companies are hooked up with
q bunch of spectators down in Wall
street. They don't seem to know that
siXty-four per cent OF the stock of the
Pennsylvania Railway Company is own
ed by women and politicians are trying
to ruin it in every scheme that they
can devise. The Northwestern Railway
Company never had stock ticker in
its Office and it has always been run in
the interest of the buyers of trans
portation and no one else. 1t has al
ways rendered full value in transpor-
tation service and remember only a
few years ago when there wasn't even
a shinplaster on an engine owned by
the company. l recall what one great
railway man said of the Northwestern,
He said Mile for mile. car for car, en-
CINE for engine, and man for man the
best railway in the Uuited States in
my judgment is the Chicago and North
western line That man was w. C.
Brown, president of the New York
Central system and he made the state
ment to. me-"
In conclusion, Mr. Simmons paid a
great tribute to Marvin Hughitt, who
for so many years dictated the polio
of the Northwestern and declared that
he had done an inestimable service for