Evening star., 1933-05-04
President Also Requests Re.
peal of Profits Recapture
Clause in Interstate Com
merce Act.
EXECUTIVE WILL SUBMIT
Permanent PLAN LATER
New Official Would Be Charged "to
Avoid Duplication of Service,
Prevent Waste and Encourage
Financial Reorgan n izations."
Early Action Is Expected.
BY the Associated Press.

BY the Associated Press.
PRESIDENT Roosevelt sent to Con-
gress today his emergency proposal
for appointment of "a Federal CO.
ordinator" to guide railroads
through a reorganization.
Congressional advocates of the
legislation had it ready at the
Capitol, and planned to expedite
1t through committees to the Sen
ate and House for debate and
passage.
The President also asked for i'm
mediate repeal of the recapture OF
profits clause in the Interstate
Commerce Commission act and for
Federal regulation of railway
holding companies.
Permanent Plan Later.
He said he would submit later a
comprehensive plan for permanen.
legislation"
He outlined the duties of the CO.
ordlnator ito encourage, promote or
require action on the part of carriers
In order to avoid duplication Of service,
prevent waste, and encourage flnancia!
re-organizations."
Copies of the bill were not available
at the Capitol, final draft having jus.
been sent to the printing Office.
Text of Message.
The Presidents text follows:
ITO the Congress
The steam railways still constitute
the main arteries of commerce in the
United States.
AT this time, however, available traf-
flc is not SUFFICIENT proftably to utilize
existing railway facilities and the sup
Elementary facilities provided by new
forms of transportation.
Our broad problem is so to co-ordi-
nate all agencies of transportation as
to maintain adequate service.
I am not yet ready to submit to
the Congress a comprehensive plan for
permanent legislation
Il do believe. however, that three
emergency steps can and should be
taken at this special session of the
Congress.
First, I recommend the repeal of the
recapture provisions Of the Interstate
Commerce Commission act
The commission has pointed out
that existing provisions are mwork-
able and impracticable.
Asks for Co-ordinator.
Second. railway holding companies
should be placed definitely under the
regulation and control of the Interstate
Commerce Commission in like manner
rs the railways themselves.
Third, as temporary emergency
measure, I suggest the creation of a
Federal co-ordinator of transportation
who, working with groups of railroads,
Will be able to encourage promote or
require action on the part of carriers,
IN order to avoid duplication of service,
prevent waste and encourage financial
reorganizations. Such a co-ordinator
should also, in carrying out this policy,
render useful service in maintaining
railroad employment at a fair wage.
The experience gained during the
balance Of this year will greatly assist
the Government and the carriers In
preparation for a more permanent and
more comprehensive national trans
portation policy at the regular session
OF the Congress in 1884"
Policy as Outlined.
The administrators policy outlined
In the bill states:
In order to foster and protect inter-
state commerce in relation to railroad
transportation by preventing and re-
lieving distractions and burdens there
on resulting from the present acute
economic emergency, and in order tc
safeguard and maintain an adequats
national system of transportation, there
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