Show RAIL COMMISSIONER DECLARES ROADS I RUIN OWN CREDIT Laying Baying Foundation for vea Federal Fed eral Ownership in Hysterical Hysterical Hysterical Hys Hys- I Pessimism m. m By Be Associated Pr Pre to 0 The Telegram WASHINGTON Dec 9 Railroads Railroads were accused of trying to ruin their own credit and laying the foundation lor Tor federal ownership by Max president of the National Association of Railway Commissioners in resuming resuming resuming ing his testimony today before the congressional railroad investigating committee The railroads a s are in a hysteria of ot pessimism he Ile said with earnIngs earnings earnings earn earn- ings beyond all previous records and constantly growing larger the railroads railroads railroads rail rail- roads seem to be engaged In the absurd absurd absurd ab ab- ab- ab I surd task of trying to ruin their own I credit If they were really acting in inthe inthe the public interest as they claim to tobe tobe I be they would stop complaining about public regulation and would devote themselves to supplying the cars equipment terminal facilities and extensions which the public ur urgently urgently urgently ur- ur gently requires The talk of the railroads about nine forty-nine masters is simply language to tickle the ears No railroad in inthe inthe I Ithe the United States runs through more than third one-third of forty-eight forty states Although all other corporations which do business in different states are subject ct to regulation by each such state nobody except the railroads is complaining |