Show to take I 1 C me teeth out of railroad act ac dill Z I 1 preparation of n bill demaa cuIni inK the transportation net act of 0 1020 for introduction during the present session of congress lina fins been begun by senator rep hep in who ans on nn an anti platform lust last november reduction nef luction of the net rallin valuation tion of the to approximately us ns compa compared reI with tile ruination of tent fixed by the Int inderst erst act 0 o commerce conn nerce commission la Is probably the principal ob eject of the bill it woula also tho the states labor board and wipe out the section of the transportation net act directing the interstate commerce commission to prescribe rates that will yield a fair return on the value of the property devoted to transportation the fair return Is now ed by y the commission per vent cent but the railroads have lave never earned but slightly in fit excess of 4 per cent in n anny ny year since the act was vaa passed in 1020 and that was last year the Brool chart bill would not only break the hold of cc wall street says bays the review it would run ruin countless counties institutions which hold bold large amounts of railroad securities and individual divi dunt investors who have put pitt their savings into rall railroad road stocks the bill would fettie the rate question for the furmer farmer by wiping willing out freight rates railroads would RO go out of 0 business and the bariner would not any len leaser 11 er need to worry about rates the brook hart bill lo 10 1 as 1113 truly in spirit and theory as any measure of t the ild h kind ind ever in soviet Ruji huella sla |