Show ATTACKS PROPOSED IS ISIS US U.S. OWNERSHIP IS EASTERN RAILROAD PRESIDENT DELIVERS STRONG ADDRESS AGAI AGAINST ST MOVE 1 Carriers Carrier In First Line of Defense Against Second R Russia In InThis This This Country Official Declare The Chicago The railroads are in the I first line of defense against those who would make this country a second Russia C 11 II Markham president president dent of the Illinois Ce Central Railroad company declared in an add address reSS reS'S before be fore tore the fiftieth annual convention of 01 the American Bankers Bankers' association here in which he attacked proposals for far or g government ownership of of the roads Mr Markham said that the broad principle to be considered was whether er the people desire more government In bus business and eventually all aU gov i in 11 business which is com communism The patriotic grounds to tobe tobe tobe be considered are re those thoS' of the greatest greatest great great- e est st good for tor the greater number which h cons constitute lt te the essential principle prin ciple 4 Our nation has developed as aa the great defender- defender of the he rights of the individual Private property is the cornerstone of our industrial hue ture We have had bad to regulate many private busin businesses including railroads railroads rail rail- roads but we have always managed to avoid confiscation We have never favored government ownership as a n national policy and therefore we have never been called upon to decide de de- just how far it sl should go If It the railroads are taken over by by bythe the government we must face the fact that the big step in reversing our old settled policy will be taken and there will b be no stopping the force once we have let it loose If It there is no particular particular par par- reason why the government should not own and run the rail railroad rand is IS' there any reason why it should not take over also the banks stores fac fat factories factories tories tones farms until all of us are government government gov gov- and the ideal of the soviet is attained t The acquisition of the rai railroads roads would add more than to our national debt already the largest larg largo est eat ever carried by any nation no longer in existence than ours If It government railroads in this country were no more than they theyne ire ere els elsewhere where in the world the interest interest in in- terest on that twenty billions of purchase purchase pur pur- chase price would be the cause for additional burdens on the taxpayers |