Show RAILS BAILS RESIST GIANT MERGER NEW YORK March Match 13 AP AP- AP Representative railroad d executives who have been working toward consolidations of some of the largest largest largest larg larg- est rail systems did not react fa favorably favorably favorably fa- fa when Informed today of the suggestion of Senator Brookhart of Iowa rowa that all roads be combined into one great system Senator Brookhart suggested that the one big s system stem be made maae good goodby goodby goodby by a private corporation which would be allowed liberal earnings but the financing of which would woul be undertaken by the federal government government gov gov- To put his plan into op operation operation operation op- op all railroads would be con con- He outlined the plan before before before be be- fore the interstate commerce commission commission com corn mission today Commenting on the plan L. L F. F Loree president and chairman of the executive committee of ot of the Delaware Hudson said The experience of the country with federal administration of the railways In one system demonstrated ed that there was no place at allIn all allIn allin In modern life Ufe for an arrangement I of that nature |