Show St. St Lawrence Plan Und Under r Attack by br Railway Interests Waterway Wo WOUld l En Endanger ang Investments ments in U. U US Carriers C Claim im I B Press Fees WASHINGTON WASHINGTON- Nov 1 15 R pre pre- of railroad interests today reemphasIzed before a 8 sub senate committee c opposition to toUfe th rence waterways treaty en the United States and and Canda Canada or Fred N. N Oliver r g general to counsel of ot the Security Owners Owner association composed of owners df df- d' d s sc se securities said the project t. t would fur ur tl investments Jn Amer Ameri American can railroads already aready threatened b by adverse conditions A foreign relations subcommittee headed by Senator r Borah Borah- Rep ep Idaho on on the Law rence S Oliver testified after Talfred P. P Thorn Thom general counsel of the the- the Rail Railway way Executives' Executives who association pre presented the objections the of the railroads themselves a against the treaty Following- Following arguments used by Thom Thorn Oliver said the added ties proposed are and even wasteful from froma a public imbUe p point int of view and ho rio public good will be ce derived STRESSES DIFFICULTIES L IES I Outlining financial difficulties lUes of the railroads Oliver sa said d The problem now facing the American people is is whether or not nol the existing transportation tion facilities will Avill be profitably able to survive rather than new facilities should be Ut t see seems to us us' that there is no justification wh whatsoever for for- vast ex ex- res by the government for forie forthe forthe the ie purpose of ot developing omi eU on for our present f facilities thereby lending aid to their more mora complete destruction Oliver saId s td the government nt was vat Inow ow now aiding three competing types of transportation the thc railroads the trucks trucks' and the inland waterways Thorn Thom was Senator V Van Van- n- n denberg R Rep p. p Michigan If his views presented all class 1 ay e ecu ecu- tives ves Are there not middle west middle west tives ves who if free to to express e their opinions pinions would feel that there wasa definite advantage for forr th them ni yan Van enberg denberg asked ASKS FOR NAME NAMES Whatever have views in itt inthe the he pas past Thom Thorn r replied l d tn y have hoyc come to the conclusion that this Is a aso aund so sound und nd position Senator tor Walsh Deal Deni asked for th the sent of west western rn in roads roadS' leading I Into to g wio Thorns Thom views v The railroad spokesman named n-amed Charles Donnelly president of the N Northern Pacific Henry A. A president of the Chicago go Milwaukee St. St PaulC T. T Jaffray of the Minneapolis St 51 Paul aul Sault Ste. Ste Marie and nd Fred W. W Sargent president nt of the Chicago North western I am sure that will most be-most Inter eating esting to those those- in our part of the country Walsh commented |