Salt Lake Telegram | 1934-05-24 | Page 4 | Best Possible Way to Do Worst Thing

The Best Possible Way A To Do the thc Worst Vorst Thi Thing Federal Coordinator Eastman now explains that he be is not boosting public ownership of ot railroads but believes it may become nece necessary sary He ht hu been talking about it it he says ays because he wants the American p people j if the they do have to take uke the carriers over to do so in iii the best possible v ay war way and with all possible safeguards It would indeed be difficult cull to find a best possible way to do a wont worst possible thing There are as Eat t.- t. man says distinct dangers dangers' in Jn pu publIc pub pub- lie lIc ownership and they are to The phase of ot the transportation 4 in which the public is most vitally tally In in- its tex its efficiency and its to operate at low cost t He sees little danger er to security holders in which he is 15 probably cor v reel About the only excuse for tak tat ing irig the railroads over would b be to save the security holders and it would be cheaper and better to save the security se se- holders without taking the rail ran roads over Eastman ignores completely the tho the most practicable solution of the rail road problem that of untying the hands of or management and giving it a chance to function The fact tact is that the carriers are much better of off no now than they were a n year ago ago so so much better off that some of ot them are se seeing see see- ing jag daylight To talk of public ownership ownership own own- in such cir circumstances is ii folly olly Los Los Angeles Times I