OCR Text |
Show xwflL IS OPTIMISTIC OVER BATE SITUATION fe Associated Press. .HfW YORK, Juno 4. James "p optimism is undisturbed oven in ,taco of the government's action to aJain railroads from advancing mr ratcs and thc Wal1 strcel Situa' )f Jrhc business of thc United States r.?.6ffo big for a littlo matter like this l"D,ysturb it,'7 was his response to a 3 8Tiou regarding the railroad situa- 2diij;ijC present uneasiness in Wall liit is more Octitious than other-"l" other-"l" be continued. "There is uo l rjfc. f or alarm. I don't, think it is fe to be much of a shower. The IA1pthiusr to worry the railroads just KlSus how to handle thc enormous vol-Bof vol-Bof business that is offered. What IRailroads need far more than cx-BHb'ns cx-BHb'ns or better equipment is in-Hed in-Hed terminal facilities. jFBo far as canceling orders for new Jriient is concerned, we arc not cau-any cau-any orders and do not place IMkroIiunce in reports that other rail-2Xp rail-2Xp arc doing so. EOtVe have issued no orders to lay Bkjien or to curtail our force, and do (ftontcinplatc so doing. The situa-IrOEis situa-IrOEis not causing me alarm, and 1 NH reason why it should .worry any- |