Show MINORITY REPORT ON RAILROAD BILL Senators Cummins and Clapp Object to Creation of Court of Commerce Washington March 3 Declaring the administration railroad bill bi would im mm impair Impair pair the efficiency of ot the existing stat statutes statUtes utes and that the creation creaton of ot a court of commerce which the measure Involves would mean an expenditure wholly un unnecessary unnecessary unnecessary necessary Senators Cummins and Clapp today submitted the minority report of ot the Senate interstate Interstate com corn commerce commerce merce committee The Time report holds that the creation creaton of ofa ofa a 3 court the sole work of which would court be to try railroad cases would be fundamentally wrong and reminds remind the Senate of the time tremendous influences which will wi Inevitably surround the th se selection selection lection lecton of such a tribunal In the last three and a half hal years the minority report rp ort asserts there have been just Juet twentysix cases in which such a court would have had Jurisdiction jurisdiction tion ton In pointing out some things which the senators think make the time bill bi Ineffective Ineffective they the declare It i should Include all al corporation common carriers and anO that there is nothing to prevent a hold holdIng holdIng holding Ing corporation from issuing all ni the stocks and bonds It i may ma please The minority senators senator claim the sec see section tion ton to govern consolidation cons of railway lines would permit water and rail ri routes to consolidate would allow alow a railroad to buy up a a competitive steam steamship steamship ship EMp line lne and ani that in effect all al the rail railroads rai railroads roads In the time United States could be merged under a single Bingle corporation provided they the would be bo operated by b electric power Senators Cummins and Clapp Clap re reported reported ported portel to further amend the tIme existing law to make all al holding corporations come under the Jurisdiction of ot the interstate InterState commerce commission and would make the term common carrier embrace all al corporations having a con trolling interest in a common carrier call r |