Show LE RO T PROPOSES RAIL UNIFICATION i 1 i Plan Introduced in N New NewBill NewBill w Bill Differs From Plumb Method i By Associated Press WASHINGTON Aug 27 Unification tion of the railroads of the country into one privately owned system with I minimum earnings guaranteed the I management shared by the security holders public and and with provision for sharing excess profits be between between be- be I tween the public and is propOsed proposed proposed pro pro- posed in a bill introduced today by senator Lenroot of Wisconsin The TheP P plan an differs radically from the Plumb I Plan The Tho Din bill was drawn by the Citizens' Citizens National Railroad league In collaboration tion with Senator Lenroot under the proposed plan the railroads railroads railroads rail rail- roads of the country would be placed under the private ownership and operation operation op op- op- op of one corporation the management management management man man- of which however would be under the supervision of the tho interstate I commerce commission but conducted directly by a board of ot eleven en directors appointed b by the thc president and confirmed confirmed con con- firmed by the senate consisting of two two representing the United States chamber of commerce two farmers three security holders and andone andone I one each from the thc commerce commission and the tho state railway commissions com com- I missions |