Show u UNCLE SAM SAIl MAY 11 1 HAV VE VETO TO T TAW RAilROADS THE TH fEAR or Of J. JO JO 1 Hill NEW YORK Jupe 18 James James J. J came back to town after a trip through the Northwest i in ip which he made made- madea a a personal Investigation of the crop situation Mr Hill HilI expressed lila his indignation at the work of ci the crop killers who he said had evidently been working for their own pockets all the time His His' attention was then thel call called d to tot t railroad situation Well said Mr Hill Hm I 1 believe that the Government will eventually b be forced to lend its credit to the railroads In order order order or or- or- or der to finance their necessities The de demands demands de- de demands mands of ot the public are becoming mor more insistent all ali the tl time It will Insist that the railroads shall lay certain rails and add more cars carl The railroads will add that they cannot that th their lr credit Is exhausted exhaust d then the Gov- Gov 6 will have h to step In and gt supply l lually this deficiency Y The e Situation t might event eventually eventually lead to Government ownership o of ot f railroads It If such a a. thing comes to p pasit pass pas SS s it will mean the end of or republican gov gov- Mr Hills Hill's brow knitted and his bronzed face tool too on serious mien Government in Danger This Is no mere the theory p he added b but t an a. a actual condition The country i Is s growing very rapidly The railroads have hav e fallen behind this tremendous tremendous' impulse e o of ot en ef f development Their credit has bee been n greatly Injured They cannot finance a recover recovery What will b be the tl result Who Wh o knows In a a letter to G Gov v. v Johnson last January January January Jan Jan- uary I estimated ted t that at a year ear for tor five years year would be ne necessary essary t to ao ae o put the railroads In shape to tn move nove th the e traffic of or the countr country The railroads have hav e raised something like during durin g the he last seven seyen or eight months but mos most t of ot f this has been used to pay off oft old bills It t Is s no po easier now for railroads to ge get t money ioney than a few tew months ago In th the e te Western Vestern cities to my knowledge 0 lots tots of ot short term notes of the Eastern Easter n roads oads have been peddled around on a 6 to 0 71 Th per cent nt basis The Th railroads cannot cannot canot can can- not ot Increase their facilities under these thes e conditions I think there is a genera general genera slowing u ure up p in re business It appeared e to be inevitable ta e t I I f ne eb last ast fall sll that at It must come o and it ha has s come ome and I think will continue I dont don't t believe It will hurt anybody but It I Is here ere nevertheless Why Steel Rails Break During the thelast last last- spring and winter there ther e have ave been more breakages of ot stee rails rail s lan ever before The fact Is that theras there ther e has as been too much prosperity People e are re trying to make too much mone money Steel Stee l plants lants are working too hard and trying g to 0 do too much ge It Is a fact tact that the old rails made mad e when times were slower hold out th the e best est I do not believe this theory that tha t I the he evil could be remedied by the exclusive exclusive sive use of ot the open open hearth hearth rail It i Is Ise s our ur experience e that t the open hearth rails rail t ss s ini pen eJ ire are more frangible than a the Bessemer r i rails ro I believe a a. little slowing down will do d drood o I good rood all around The pace has been bee to too o rapid Caution and add care have been cu cut cutout ot t out ut of ot the modern dictionary Everything g has been going at speed It i is s f I time to put on the brakes I f |