Show I Other Points of View I MERGING THE rUE TUI- TUI RAILROADS It I 1 Is 15 entirely practicable from front an economic and business bus busi nl ness standpoint t to the railroads of oC the thc country cOuntr into ito s systems which will fulfill the purposes contemplated by Jy tho the provIsions provisions' In section 9 0 or of tho Cummins i bill bi th that such a system of oC transportation once established would simplify tho th problem of or rato rato making and overcome many ther other difficulties tes incident t to te regulation that o greater e efficiency lenc of or operation would result and the public would I bo better beller beter served that unnecessary facilities I and nd m much ch waste of or capital would be avoided that benefits bene- bene ti's ties fits of ot unified management which developed under federal fed fed- cral eral control would be more easily preserved Consolidations should be made largely on th tho has basis of or values determined e b by demonstrated earning capacity wIth wih such adjustment of oC capitalization on the part of or the thc weak roads both In form an and amount as s might part be e aary to establish the tho ight relationship between the capitalization of or tho the strong and weak calc roads entering I proposed consolidations The Tho Tho Nations Nation's Business I |