Show RAILROAD RATE LAW Measure to Make Tariff Agreements Possible Is Favored We approve the enactment of the railroad rail-road rate law and the vigorous enforcement enforce-ment by the present administration of the statutes ngalnst rebates nnd discrim inations as a result of which the advantages advan-tages formerly possessed by1 the large shipper oer the small shipper have substantially sub-stantially disappeared and In this connection con-nection we commend the appropriation by the present congress to enable the interstate In-terstate commerce commission to thoroughly thor-oughly Investigate and give publicity to the accounts of Interstate railroads We believe however that the Interstate commerce com-merce commission law should be further amended so as to give railroads the right to make and publish traffic agreements subject to the approval of tho commission commis-sion but maintaining always the principle princi-ple of competition between naturally competing lines alI avoiding the common control of such lines by any means whatsoever what-soever We favor such national legislation legisla-tion and supervision as will prevent the future overissue of stocks and bonds by Interstate carriers |