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Show PATTERN AFTER ENGLAND IN HANDLING RAILROADS Congressman Hepburn Says United States Could Profitably Adopt English System of Control of Stock and Bond Issue, Washington. -Kepresentntlvo Hepburn Hep-burn of tho ICIglith Iowa district, chair-mnu chair-mnu of the house committee on Interstate Inter-state and foreign eontmeroo, who hna returned from a trip to Kttropc. In tho course of which ho looked Into tho Knglish railroads, said that ho believed be-lieved this country could prolltably ndopt the Knglish system of control of stock nnd bond Issuo of roads. Ho said ho expected legislation itlong this lino at tho coming session of congress, con-gress, though there would be opposition opposi-tion based on the Idea that congress hns no control over the instrumentalities instrumentali-ties of commerce. Ho said them was no speculation in Knglish railroad securities. Ho found Knglish Investors Invest-ors concerncM over American railroad securities. He himself did not see how any one had the courage to Invest In-vest in American railroad stocks, and laid much of the blame at I hurl man's door. In this connection air. Hepburn condemned con-demned the treasury practice of putting put-ting money Into the banks to prevent alleged money stringencies. Ho said this money went to nld Now York speculators, and It was nonsense to talk about the west needing money to movo crops. "There Is no longer a crop moving period In tlio west," said he. "There used to bo before farmers farm-ers wero so prosperous. Now crops j are moved nil the year round." |