Salt Lake Herald-Republican | 1919-02-02 | Page 15 | [Illegible] Man' to Rush His Big Reconstruction Program

In Man to O Rush His Hi Bi Big Program J. J tR r Staff start Correspondent Th There's Theres res re's a 1 hue and andie Feb c th thai thal at permanent gov- gov re ie nO now will destroy como com com- o Job tho the public and n trad trad- and n r rob ob advantages nd the they I to tho 1 of f this l recent recently y l tu until Britain's ln'S tins tin's Iron r o over over- his to Put bat In to W reconstruction construction program ro f ton l backed him up F B tl h last public D general election b by th n O. O J I on his candidates th with this plant plan polls nt St to the j c n P plan in England for tor j Jl ent t of at railroads embraces council on ou which oai r transport nod and the tho and labor laborS tiney r J e a and while S old Do bo represented Mi ble to to tho government this babIY will not bo be directly led pr P by vy parliament nationalization oo- oo Y aY provides that the manago manago- m pr tte the railways should bo In tho lino of this thle national council cont con- con lot t the minister of or transport int thO three mom mom- o orthe respectively b by tho said Ill board of oC trade and tho thorp tho t rp nd three members appoint appoint- Panel Impanel p el of ot not less than 1 annually by tho BOY BOY- o committees of or tho the trado f f. tho United bUl 1111 further provides pro lea should b be divided Into pit districts In each of ot which bo a a. local transport II on which tho workers should bo ted d In similar fashion to tho I nil era 1 Transport council about railway i ih In Great Britain Their bills that whereas In 1 1013 1913 13 ther the r receipts of tho the whole railway for tor Interest and ends amounted to ad- ad cost coat sinco that d dUo dato to I labor Jabor absorbed per annum with tho I w result that If Ir tho present temporary government guarantee of war pro profits profits prof prof- its cro withdrawn and tho were restored to the companies thre thre fourths of ot nil all the railway stocks would ut nl once have vO to go without or or dividends unless parliament permitted a huge Increase In fares and rates Each Ench railway stockholder It Is Ie proposed proposed pro pro- posed shAll be bought out on his bawls basis of oC the mean quotation of his stock durIn during dur- dur ing In the twelve mon months ended prior to the Introduction of ot the bill this time limn margin being set net up to Ir prevent prevent pre pre- vent manipulation of ot tho the quotation L The Tho Idea Is that thaI the purchase price shall be bo paid In government stock stack bearing bear bear- InS ing Interest I