Salt Lake Telegram | 1921-05-10 | Page 15 | Federal Rail Loss is $1,200,000,000

FEDERAL FEDERAL RAIL LOSS LOSSIS t IS 1 2 OO 1 Present Estimate Exceeds That of Director Hines W WASHINGTON ASHI May 10 10 Loss Loss to the government in operation of ot the I railroads under federal control will ill willbe willi willibe be about or more than estimated by former Director Di Director DIrector DI- DI rector General Hines according to an estimate by Director General Davis The director general made his estimate estimate estimate esti esti- mate in a report to Chairman Good Goodof of ot the house appropriations committee commit commit- tee Because of ot claims not considered considered consid consid- ered by Mr Hines which have arisen artsen aris arts en Mr Ir Davis Dals said and the underestimate underestimate made in the allowance for tor maintenance fire tire losses additions and betterments made for tor purposes and other accounts it is the estimate o of the director general that the operating operating op op- operating op- op loss to the administration will willbe willbe willbe be about