Show RAILROADS APPEAL TO PIR E S 10 ENT the common carriers carrier 0 ask for fop relief president wilson direct it attention of public to their needs the committee ot of railroad executives headed by mr air frank trumbull representing thirty flye five of the tha leading railroad systems of the nation recently presented to president wilson a memorandum briefly reviewing the dif now confronting tho the railroads ot of the country and asking for the cooperation of the governmental authorities and tho public in supporting unsupporting railroad credits and recognizing an emergency which requires that the he railroads be given additional the memorandum recites that the tha european war has haa resulted in general depression of business on the american continent and in the dislocation of credits at home and abroad with revenues decreasing and interest rates increasing the transportation systems of tho the country face a most serious crisis and the memorandum is a strong presentation of tho the candle burning at both ends and the tha perils that must ultimately attend such a conflagration when the flames meet la is apparent to all in their general discussion the railroad representatives say in part dy by reason of legislation and regulation by the federal government and add the forty eight states acting independently of each other as well as through the action of a strong public opinion railroad expenses la in recent years have bavo vastly increased no criticism to la here made ot of the gen oral eral theory of governmental regulation but on tho the other hand no in genetty can relieve the tha carriers ot of expenses created thereby president wilson in transmitting the memorandum of the railroad presidents to the public characterizes it ib as a lucid statement of plain truth the president recognizing the emergency as extraordinary continuing said in parti part you ask me to call the attention atthe of the country to the imperative need that railway credits be sustained usta laed anil and the railroads helped in every possible way whether by private operative cooperative co effort or by the action feasible of governmental agencies and I 1 am glad to do so BO because I 1 think the need very real beal tho the conference was waa certainly a fortunate one for the nation and the president la Is to be congratulated tor for opening the gate to it new world of effort in which everyone may cooper co oper ate to there are many important problems in our complex civilization that will yield to operation cooperation co which will not no t lend themselves to arbitrary rulings of commissions and financing railroads is one of them the man with tho the money to la a factor that can not be eliminated from any aay business transaction and the public is an interested party that always be con sult bulted e d and happily the president has haa invited all to participate in the ot of our railroad problems |