The Waterbury Democrat., 1932-01-02

Boston, Nass.--'rrusteeshlps 70 control the holdings of the Penn sylyania railroad and the Pennroad Corporation in the Boston and Maine and tho New Haven rail- roads under the supervision Of the interstate commerce commission were suggested to-day by former Governor Roland II. Spaulding or New Hampshire, chairman of the New England governors railroad committee, and of the governors railroad committed which studied the New England railroad problem Inst yenr, as the "practicnl solu- ton of New England's railroad problem"
 While the governors committee Is opposed to domination or con trol of New England's two largest railroads by the Pennsylvania, Ut is not necessary" says Chairman Spaulding, "that New England should own the stocks of It's rail- roads, desirable as this might be. Provided control of the New Haven and Boston and Maine Is not in the hands of other railroads who desire 10 control our traffic to their ad- vantage, the fact of ownership IS of minor importance so long as our railroads are directed by man agements whose first interest ia the development of New England.'
 Tn his first comprehensive state. ment of New Englands railroad situation since the report of the governors committee was present. ed last May. Chairman Spaulding asserts that "the setting up of these trusts should be an integral part of the four-party plan as 1t IS finally approved by the interstate commerce commission" All the New England governors except Governor Case of Rhode Island re- gently joined in petition of in tervention in the four-party plan proceedings before the commission, beginning January 6.
 Under such plan, Chairman Spaulding declares, "the Boston and Maine and the New Haven railroads will continue in the flu ture as in the past to preserve thelr independent status, giving the freest of access through all the gateways to all the trunk lines ana the two Canadian lines.
 "This solution is more practical than any other plan that has been proposed" Chairman Spauldlng 5 statement continues. '1n my opin- ion it is the solution which Will best serve the future development of the commerce and industry or New England"
 Chairman Spaulding's statement is in the form of a report 10 the New England council, the organizd' ton which initiated the inVestlga- ton of New England's railroad sit nation by the six New England governors. The statement was planned for presentation to the Seventh New England Conference but was delayed because the gov ernors' railroad committee and the governors of the six New England states were then in session consld' ering arrangements for the Jolnt petition of intervention in the four-party plan proceedings. GOV ernor Case of Rhode Island snbse- auentIy filed n separate petition or intervention in these proceedings. Chairman Spaulding's statement takes cognlzanee of inc latest events iD the railroad sltnntl0n hk 1t affects New England, The tekt Of the statement WAS published 10. day by the New England council as a supplement i0 iis periodical ibe New England News Letter. .
 After reviewing the creation of ths New EDgiand governors rhll' road committee by inc six New Iepsland R0vernors ai inc instance of inc New England council, Chairman spauidina declares in io' days statement that "ihe oiii' standing issue before ODr commit tee was ths domination 0f our two largest railroads bY the i'ennsfls vsnIa. f'he committed realiked ihit Ail auasii0nE ef consolidation were secondary i0 sud depeBdefi Hpon Tho solution of the pfobiens of