| Show r DUTY FM 1 j KEEPS I E 17 o U H O HARRIMAN 14 A AT AT 1 II IT ITHe He lIc Wont Want Quit Yet Too Many Moves Left He Says to Fulfil Last Years Declaration That He would Drop Railroading on His Next Birth Birthday day Blames Roads for Losing RateMaking Power I i t H r at ol GO CO Isbit Is M 7 much n t uel t lou Iou lo IIII bit y lot about 1 rd t IrIn E Ex from f rota sin the natt 1 busi business x ness On In hla birthday n a I IF trig nn next ulI Ilu ho he thought that 1 twelvemonth would find him hi j II repay to 10 quit null the tho but hUI yesterday told n a I Times reporter that there th theren rl fire nie nt too tut t IOn II 3 moves to 10 b h and n e I Ho HI to stop flop e cot i n 11 I lt to consider r r n the lilt c out 1 a Hone tione 1 on the Industrial hart been 1 resolved 1 Ay to enable him to 10 eee l ci fl u II little distance nhi ad I Until thin then yU II r Itai thinks hu Imo I ottas it Il to and i In III lda hili hi system ay to stay un on n tho the Job definition of Ills 1118 j po to a l I Jr I at t mude I In III the cooler at lIf u t Ids his afternoon con along Firth Fifth Avenue yesterday importer not mot int him tuning out ot or hh hi house hout and flud ft how 1101 tiling from Mr MI t viewpoint of M i GO i lacking ooh a 1 of oC days 1108 It wn was tho Ihn who s ke of it the tar th chess 1 I w undertake to 10 wiy II said Mr Mi Jr No o sensible nun would now i o U ts I to tn bullpen nr III r I to u n com COllI pr or of present wall condi tons There ore arc too tau ninny moves yet ID 10 bo be mode made any 1111 grea ot of stu sta Is hi II to 10 make such HUch a IL Sill our SillY vey Y pos Who Is going KollI to In them Y 1 ou u ns his A well an ax 1 I do tin III of ur this country brae hl got Kot to 10 bo be IJ brought to a IL proper of oC tau tho Inter relation the lotI H in ur Industry Then they lh y must rep C to It tl that tho the or of haw In la Its rain eon 10 i d I I II e irl In I n their lieh 1111 I Interest tm not 1101 a hi aM s n matter I lla of af t IAu alt caprice And nIl you ou nrc gohrA to 10 I ilL In Iii the l ho name until this ce Mr LL Ir I Hiu hu 1 the tI reporter nuked naked TOO HUSY TO m I 1 dolt dont want o aut to 10 my arty how I stay slay In III I A year yur 01 URO ugo when the lon won iVO at III work s I 1 sold PRItI about A In III another ear 91 S Well Veil It II a ii 1 c alma of uC my nl 1 rid but hul o ot f not net 1 had tine to In think lc About retirement I looked 1 then for rutting oft In bust buM business ness nese bat 1111 for fill nothing mike Uko IIII whet what hUM hits hUMI ti t 11 I r 11 1111 expect to set ret 60 per rent of or the decrease that has lias been hn Under there Ihor IK Is riot 10 to do III but bill to tu tIck stick until out U mat amt tri r pet get into competent hinds hands at nl tenet leist Ie and olid hits has hu peep been hOf restored rel rest tired IUt Ju l ue WC are nir heating about ll I r g n Hut lIuI do 10 te tI r e appreciate n cl ate IIII With a II given tat Cur thee Ihl development of DC business the tIr th more mom momMO MO we have halve to pay 11 tar for capital tho less 1158 there U is to 10 imy 1111 for tor 7 I r am nm not 1101 referring to 10 time till sent scale of or urges but hUl to the Ihl amount 1 that we WI tan can upend for Cor lug Anti And In order to set get capital on reasonable terms we WC have IIII trot got to havo good food Oo credit and fillet credit mii aunt t be main maintained I by hV surplus earnings I There Thero la latho lathe the tho thing In III a n A V wrong Idea prevails In n a goal 1 many thin this relationship of or capital and labor Wo men who age a e Iho tho roads reads are im 1101 nut tho the capitalist The Ihl security runt from whom we two bt bITO the th nanny money ire are the Ihn capitalists ami and they me err n I In m with thew tho the WIL w earners In tomako tu to make n a fair out nut of serving time the politic It II IB is our OUI duty dots IIII a II ns rR of ot the tho roads loads to torr preserve rr n the IIII proper relation the Ihl different lit r 11 1 factors forlorn to so o far tal as nil we e can Hut Bill what become of our effort erfortH when nhen Interference iv re I utting In laA pUth a It rendition of hit distinct t ns nit k prevails at III pi pl wont JI 1 up tip nil till the r f actors In n our one i l lil liln Dp n Ill t 11 I now nut not to 10 the th lly ty u I f do liD not menu the tho payment of nC dividend but buttin tin the ability to 10 cam rani something beyond b what Is le d to lit meet hare bare mid and K So Su In lit sneaking of tiC the hll 1 UrI between tho thu lh wase s a tho 1 Mh H I do not hot limit Ian It tny III 1 soil soH olf to the tho that ex exist or 01 that may exist l Wll th the on tho 1110 o one on e side ami the HIP o rna on OIL tho ti t u other I 1 lIr r to tu tut th tle t b relations between tho thorn n I h the Ihl funds for COI o Investment and tho those i who Rive give Ih their I he It to 10 tomako mako Inako the th Investment INDUSTRY HY ItT TroN It Is lit I quite m mn obvious that restriction n of or business bi h about uneconomical c throughout tho the then men are on oil ellart art orl time or undo muter I limitation as us to hours and conditions there them Is a tremendous Anus dous In n earning capacity and pro energy flit whole fabric of 01 industry In Industry contracts Them Thero Is less leB money all e eto to he be spent nl by h tho ho th workers a and nut conse consequently less ICI mildness sM to bo ho dote done to 10 sup lOUT supply supply ply Iy the tho wants wont they can afford A a fam fum fu m ily lIy makes keM ono l Lap bag of oC lour Hour gi TO JO hero two were used before the thc old clothen 1 lire made mullo over oer Instead ot of f having h haw nm ones bought Multiply thin this by h tend and you yon youcan can see 1 what It t means to In have the tho nn linn economize Add Ail the th distrust iia mt tn produced among those who h ha have hava havethe the till men to Invest and there thero Is Il a of oC forces at III work with cumulative effect tho the result of or which It Il ItIs II Is hard to 10 forecast Earnings Earning decrease 3 c of or the slackening of or becomes timid nod and rates ratCH for COI money molts high und and thoro thero Is cor cur ii tr 11 I I less leall to o 0 b ho paid for fat the tho lunar In to n curtY out nut the lilt ett that we use If before u II its The Tar of or whether tinges Will 11 does Ic not upon In my m attitude or the lee attitude of or any luty other manager or of f In Ia toward lalM labor r It II upon open whether we WI pro to 0 the mom y to 10 pay hilly Inbur to II do 10 tau work that thai w n M to do 10 doI I be that will right the en when nhen people have hail ha ti u t chant chance to 10 t understand is the tho th situation provided 11 1 rem did I that flint we w t eliminate till tile si What We Wp have ho pot got Ot to have In hi political r nl und 1 In III 1 n h u s Inc H life l It e Is III n the un t man ms n who it hi I willing pilling to work for Cor others othorA anti doesn t undertake to moo tho the pieces piece on Oil the cheiM board solely with a u view 1011 to In what want ho he thinks to ho his own In ln Interest terest teros If Jr you OU ask me ate when I hello I nil nn e will bi hi reached and F r my say Ill rankly frankly that Hint 1 dont know Litt ut Tho Iho patient I Is If now Int t s un undoubtedly l 1 n hie 11 under treatment t It that t will thaws prove In III the tho but the tho question still MUll remains whether u tt 1 the dis tao taso may not prove very vety 1 before tho the gets tho ho upper hand amid HIrn nOAD AD MUM m 1 Ie Mind III tI 1 do de hot dot lay Yay all ull the tho blame on or the file public nubile or PI even evon on nn n tan tho politician The Tho mill Kid men themselves s ches are arc to blame for fol f oI a a i great deal of oC what linn hen and they tho ought to recognize It ll at ul this time Nato UI le whoa whon hon they havo hao their own worries with them the If It the rail railroad railroad road men of the tho ho United States Ha luau hod learned burned to trust each euch other years ago agoa agon a n great Breal deal Ilea of oC what has been beon suffered would barn havo been lod Thero There was wasn 1111 n a time into when thoy Choy hud had tho right to tomako maim mako agreements covering truffle traffic and titles but what wits the thc result An 11 WON hardly outdo muda somebody whom hr lt It bound Issued I itu tut order violating Its Ilg provisions That sort wort rt of thins thing was WI tho the root loot of or lI 0 competition cO 10 II II and subjected 1 thu the railroads to 10 much of tho thin trouble that they havo Buffeted since in being made mode the victims of oC any nil tine one who wanted to 10 build an unnecessary 1 II I competitive o lute line for tho the purpose of oC typing It II out outI oulI I am not opposed to 10 railroad regula regulation tutu tion provided It Is coupled with rall rail railroad road oad protection LOUR Long ago I r expressed the view that regulation even oon to tho point of or allowing the thc Interstate com cum merre t h to v Ux lix thu the rates mates liot hol J f u i be rollI I tim tho K gut V f would Willi III the mho to In make maIm it with each other othor through the tho of ot the law lace Thu at ot f the in to the Iho making of tIC Is III lit Hit degree of oC now upon In lh t ct of or mart railroad affairs and l ot or that I 1 lull Jim heartily In favor MO Sensible regula regulation regulation tion protection ot of time tho against t competition n not 1111 1 publicity 1 ere are In my Illy mind 1 tho the three things that that wilt will I set sel ac l tat I Ia right with the Iho I ho people 1 a In the lh end I lilt 1 meanwhile thin tho thomen men 1 who ho have hlo the N of ot tho the railroads on un their shoulders must keep to 10 their tasks tusks and not nul glee sivo them taint over Into Incompetent hands Therell bo he I no trouble nl mt training Alining up III tho the thomen themen men to run the In III the next It Ir the tho proper conditions and discipline iii ern u And will 1111 there be h the tIto work to 10 do If IC f fa confidence r Is lH I tet a cl and rm d tho proper relationships Of or course there thorl will There Is In as 1111 s great groat n a possibility pos l bully of or growth glowth ot or the thu railroads In lit the Iho next hext ton tents vears If only we Wo BO go O at It atIt atIt It rightly Within tho thu lifetime of Homo Hone of our children tho the population of ot ads country no doubt will have havo reached and the Uio n a 8 3 of oC American n railroading that has hall developed to 10 meet tho the needs nC I of of ot Is i in Its Infancy Hut as nH 1 I have hoo said the Ihl solf I seeker lk has pot got t to 10 be ho eliminated and I tin tho people at largo have t tan got to come romo to too tin till lt Uon of the tho underlying rela I ot or tho the factors actors in ht the tho problem I When Whon hon those host two are In process I of or accomplishment It will wll bo be time I enough to talk lolk about York Times I |
