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Show NEW RAIL OPERATION BILL IS INTRODUCED WASHINGTON. Sept. 1 .. A new bill proposing a permanent railroad policy of private operation under Government control con-trol rind said to embody views of the United States cnamber of commerce was introduced today by Senator Frellnghuy-son, Frellnghuy-son, Republican, New Jersey. and re-forrod re-forrod to the interstate commerce commit com-mit toe. Senator Frelinphuy sen's bill proposes a federal transportation board with wide administrative powers subject to the interstate in-terstate commerce commission, a proposal pro-posal that affairs of railroads be managed man-aged by twelve directors, two elected by the employes, eight by stockholders and two selected by stockholders from persons per-sons nominated by the transportation board. Iibor boards for each road also are proposed. Six per cent dividends also are pro-! pro-! posed, as is organization of the roads into competitive sectional systems. |