Show RAILROADS APPEAL TO PRESIDENT al ask tor for re carrier carriers the rho common lief president direct attention of public to their need needs the committee of rall railroad roid execl alyes beaded headed by mr nir frank trumbull representing thirty five of 0 the leading railroad systems of the nation recently presented to president ident allson a memorandum briefly reviewing the difficulties now coffron confronting t in g t the h e r railroads oll r oa d s of the country and a asking t ki n g f fop 0 r aba b e c cooperation 0 of the governmental authorities and the public in supporting rail tall road credits and recognizing an emer gency which requires that the rail roads be given additional roye revenue the memorandum recites that the european war haa has resulted in general depression of business on the amerl can continent and in the dislocation of credits at home and abroad with revenues decreasing and interest rates increasing the transportation systems of the country face a moat most serious crisis and the memorandum Is a strong presentation of the candle burning at both ends and the perils that must ultimately attend such a conflagration when the flames fames ineat Is apparent to ail all in their general discussion tho the railroad re represent presenta tives say in part dy by reason of leg isolation lel atlon and regulation by the federal government and the forty eight states acting independently of each other as well weh as through the action of a strong public opinion railroad expenses in recent years have vastly increased no criticism Is hero here made of the general theory of goye governmental regulation but on tho th other band no lu in can relieve the carriers of expenses created thereby president Wil soi in transmitting the memorandum of the railroad presidents to the public character lies it as a lucid statement of plain ruth oruth the president recognizing the tho emergency emerge ncr as extraordinary continuing said in part art you ask pe rie to call the attention if the country to the imperative need that railway be sustained and the railroads helped in every possible po sible way whether by private cooperative effort or by the action wherever feasible of governmental agencies anil and I 1 am glad to da do so because I 1 think the need very real the conference was certainly a fortunate one for the nation and the president Is to be congratulated congi ululated for opening the gate aa to a new world orld of effort lo 10 which everyone may cooper co oper ate there are many important problems in our complex civilization that will yield to operation cooperation co which will no not lend themselves to arbitrary nil rut ings inge of commissions and Anan financing cing railroads rall roada is one of them the man with the money Is a factor that can not be eliminated from any business transaction and the public is an inter later ifert t party that should I always aye be con lulled and happily the tho president haa has invited all to parti participate clate in the solution of our rall railroad road problems |