Evening journal., 1921-11-18
jAYS RAIL PAY
MUST BE CUT
3everidge Says Roads Can
Not Survive Under Pres
ent Plans
DECLARE REDS
STILL MENACE

llScfodlted noStrumS Tor world
hal is sick a standard TO which
he wise and the honest can repair.
constructive programme that viii
mend the earth's infirmities-all OF
hese 1t is Americas duty to pro-
ide. Americas craftsmanship will
,e equal 10 the demand. American
character stands the test and Ameri-
an institutions prove adequate.
In brief. the first OF the forego-
ng was the keynote Of a speech
citing forth Americas imperative |
iuty toward the world in the pres
mt crisis as voiced by Darwin p. !
Kingsley at the 153d annual dinner /
f the Chamber OF Commerce Of the |
state OF New York at the Waldorf /
asst night. Mr.. Kingsley is president |
II the Chamber.
The second embodies the proph-
cv OF former Senator Albert j.
scveridge that America will perform /
Ter duty successfully. The former
senator from Indiana. in a speech /
hat was punctuated repeatedly by
Enthusiastic applause, reviewed the
blight OF business generally, identi- |
led the symptoms Of alarm. dag /
iosed the case and prescribed the
.emedy.
Senator Beveridge found the most
narming symptom in the nations
:ase 10 be the growth OF an "invis-
Bile empire" a closed corporation OF
men who have "made themselves
masters of labor unions" which, he
declared. had become as evil and
dangerous an assailant OF ordered
Iberty as the dethroned autocracy
4 wealth"
Mr. Beveridge sketched some OF
ne legislative and executive acts
hat have produced such dire results I
the Adamson law. the Govern /
nent control OF the railways and the I
'saturnalia OF mismanagement'
nat followed. He urgently advocat-
I'd the immediate repeal OF the /
Adamson law, passage OF the pend
ng railway bill. legislation that will /
rec investing capital. repeal OF the |
ixcess profits tax. and the adoption /
VI a sales tax that is open and above |
,oard.
Mr.. Beveridge's speech on "The /
Plight OF Business follows in fun: |
Aour is TO strengthen business, for
IN active and wholesome business
depends the we'll being OF all the
people. Everything must be put
lside that takes any time and at
ention from that Indispensable and
immediate task.
~ 'The present depression Is not a
rpnsient economic phase due to an
unhappy state of mind on the part
" business men or the people gem
rally and Il is not to be improv-
,d BY the methods OF college cheer
eaders at football games. on the
contrary. those inhationists OF hope
gho tell us that prosperity is JUST
uound the corner when IL is not
here but far away. do not help but
positively hurt business.
Worse STILL they SOW broadcast
e.lragons teeth Of distrust. For when
he people 60 around the corner and
all to find the promised prosperity,
,ut are again told that It is around
he next corner and again fail to find /
prosperity there-when this process
s repeated three or four times the /
Deople lose confidence in everything I
ma everybody. Faith is killed by
disappointment.
This is no time for the prophets
u Jolly 10 practice their trade; no
tme for the hallyhoo men OF busi-
less raucously to cry their exaggera-
ions; no time for the professional
smilers' to purvey their familiar
grimaces. no time for the shell
Fames OF politicians who are intent
IN carrying elections and keeping in
,fIice.
1T rs instead. a time for plain
peaking.
"The cost OF railway operation
vas swollen beyond the possibility
Il service to the public. except at
sxhorbitant and sometimes prohibi-
i've charges-and even then. either
Z financial loss or neglect Of upkeep
The railways were not allowed "a
hare IN war prosperity'-instead
hey were bled white.
This was the state Of things
Fhen the owners recovered their
property. Then more expediency
eEislation was enacted: so that to-
lay one agency OF the Government
fictates most OF the expense and
mother agency Of the Government
fictafes ali the income Of the roads.
HNo other business could possibly
junction OF even survive such treat
nent-and the railroads cannot stand
much longer. II continued either
-eceivership or government owner
ihip is Inevitable and impending.
private management is required 10
.esfore normal conditions and yet is
prevented from doing 50.
This plight of the railways is OF
Irect and personal concern to the
majority Of the people. not only be-
;ause the well being OF all depends
~ transportation but also because
more than $1,000 900 OF our citizens
sither directly or through Insurance
companies, savings institutions and
similar agencies, are investors in
alway securities.
The bankruptcy OF our railways
You'd bring such a menace to the
issets back Of every insurance policy
ma every savings account in America
IS 10 force public ownership Of the
arriers.
Immediate acion Is vital. Mos
'ates must come down. ana. esneo
ally and farthest. those on basi
necessities like fuel and foodstufs
nd. therefore, since wages an
ates arc inseparable. wages mus
.lso come down. We hear idle tai
4 pre-war prosperity; but relative
speaking, pre-war prosperii