Show I Supporting the Railroad Railroads J Recently officials of banks trust companies universities college college collego col- col lege lego foundations and fire insurance insurance insurance ance casualty indemnity and surety companies met in New York and formed a committee to support support support sup sup- port the railroads in their petition to the Interstate Commerce Commission Commission Commission Com Com- mission for a 15 per cent increase in freight rates Tl e committee is known mown as the Security Holders' Holders Committee on the Railroad Emergency Emer Emer Emer- gency Farmers shippers and others affected by the increased rate structure if it is allowed may retort retort retort re re- re- re tort that the woes of security holders holders holders hold hold- ers ar are of no importance t to them But in reality the railroad situation situation situation situa situa- tion is of first importance to all aU of us There is hardly a business that does not in one way or or another another another an an- other depend on the railroads for existence Millions of Americans are employed by concerns a large part of whose business is done through sales to the lines When the railroads face disaster the effect effect ef ef- ef- ef feet of it Is is felt throughout the nation and in a multitude of in in- dust It is said that the 15 per cent increase will give gi the railroads about four per percent ent profit where whereat at t present nt many railroads are arc unable un un- able abl to to earn enough to pay fixed fixed charges alone It will mean that I railroad progress is to continue and and that the public public farmers farmers and manufacturers laborers and stockholders stock stock- holders will holders ill v benefit accordingly One can sympathize heartily with witha a agriculture and other business now in a depressed state state but but it should be understood that a reasonable degree of prosperity on the part of the railroads will be a mighty factor in hinging back good times tines to all |