Salt Lake Herald-Republican | 1916-12-21 | Page 4 | State or National Control?

I. I t tl l State or National orf Control 1 From the thc Saturday Evening Post December iG 16 1916 In the last two to years of ot astonishing prosperity prosperity pros pros- capital has been so o abundant in the United States that besides financing a hugo huge expansion of oC our own manufacturing and trading plant we have loaned two billion dollars abroad But in these two years eara the tho railroads of ot the United States Stales have 1 Issued hardly nn any stock for n new capital Thc They have given mortgage bonds for tor whatever new capital tho they have o absorbed And in these I two year carl with OU our Industrial plant growIng growing growing grow grow- ing like Jonah's gourd g the railroads have o built hardly an any new mileage The Tho transportation transportation transportation trans trans- plant so vital to Over ever every form of ot business has been pretty prett nearly at a stand stand- still Evor Every Evory da day brings fresh tresh evidence that the tho transportation plant Is decidedly Inadequate Worst Vorst car shortage e In recent history reads reatIs a headline of ot yesterday Terminals are some years ears behind tho the demands made them almost the tho whole holo countr upon country over Inadequacy of oC the transportation plant and capitals capital's reluctance to Invest cst Itself in railroad stock raise some serious questions in which the subject of ot state and federal re regulation Is i Involved State railroad commissioners arc are pretty generally embattled to retain tho the present system of oC dual regulation of ot railroads and even evon to extend tho the present authority of or tho the states tates over o national carriers Tho They want the decision of or the tho supreme court In tho the Shreveport Shreveport Shreve- Shreve port case which case which virtually affirmed the power of ot Congress to regulate Interstate business business amended amended b by legislation that would give o the tho state complete completo control of oC railroad business within Its border borders irrespective of oC how that control might react upon interstate railroad business Instead of ot extending the au authority of oC the states over o railroad business Congress Cong should exercise its admitted power to limit state slate control within narrow bounds The Tho railroads are arc a national Interest and antI should be regulated nationally