Show RIGHT OF CONGRESS I TO REGULATE ROAD ROADS Chief Advise Adviser Makes M kes Significant Remark I Before Commission MERGER CASE CONCLUDED Government Body Takes Matter Matter Matter Mat Mat- ter Under Advisement After Dull Dul Session S ssi n I In Washington n April Apri fi Th i.-Th t. Tho ln 1st t within tho the velvet glov glove was wa shown for or a a mom moment nt In the Inter Interstate late commerce corn com nerce merce commission hearing today ithe Ir it Ihl ho he Nr course e of the tho Investigation of or th thi Harriman l loads a s merger Judge R R. S Oett intimate friend and ane persona oun coun el l of or E. E II I. I Harriman told the tit scion with wih unmistakable cm- cm m- m that lie he and his hll associates a did didlot dil tot not believe E bIE congress had the pO Er power tc to vest eat cst In any an arm of or the thc gow government the nOW tower towel to tn control transactions transaction or if f the railroad h It I Ia was a a covert coven intimation that the thc th I would not accept pt ns as final the tic announced policy of or I losely regulating r railroad properties and nd ml was a n dl disclaimer claimer of the statement nade matle yesterday yesterday- by Paul D. D Cravath Cm that hat at some of the thc legislation was nece nece- ar ary Mr Mi- h Cravath Cra gave savo the opinion opinions s a his own pr personal onal onalI I views wl but In aay a aray a ray ay it i seemed f md to commit Mr Ir Barn Barn- man ian and Judge e Lovett took occasion I Harrl-I lon lonto to D correct the impression lol conveyed COh I I wn was vas r regarded SIed b by those who who heard hearda i a a a. a a significant declaration of the of or Mr Mr Ir Harriman nail and that he heas heas hewa wa as far fat from ready to supinely ac- ac ulesee in the views of th the tho atlon so bo o far ns as railroads are con- con and lint thol war ivar t tp cm th the tho would Only lc f Ho lie Jt Made Greater ls was was laid upon amark because o of tho fact act that it as tho the only thing that thal Judge ovett I-ovett ild ald The rhe vero made b arguments mat bv by othEr her ther counsels but nt at an nn opportune Judge c Lovett tl Lo quietly arose an ia In iii a seft soft r spoken tone conveyed d. to the 10 IC his hl views and views and and there O not t u man In th the room but know now that he ho simoi spoke HH M ono one with All Ahl of the arguments ar um n were conc ud 1 I today anti and the tru- lon ha has lh th caRe ise under thither l Th The commission will win It r f. f o J pi oo et h l naTi under nn under tho man i h n HI 13 k i iv v and also alo What What- kind lUnd of ol t ll c t t ti i c. c n j. j iV-i iV rf r I. I d i i LOoped In hit it in- in tS M noaN J Judge Lo i win Vf Cont 1 wl tl I to lo innan hut nil ni tho the harriman Toa r ad att for tor s w t-s t win wilt t 10 jp hE here when con coil to not any n meets meet iv s lonbo on f etc tc o tat the President Pre might suggest Under littler Truel It Ut v. In The he counsel oun el for tOl Harriman wa WOK was prompted to mal malce this statement by b t he time closing chasing argument ar of or F. F G 0 Kellogg who hail had maintained that the the- the Union Pacific and the Southern Pacific merger mergel mer men within the Sherman antirust anti anti- get gel came caine Sherlan ant ant- rust came law Mr Mi r. r Kelogg- Kelogg Kellogg sid said that there th rc done In Inthe Inthe inthe was WS no excuse Excuse for or what was the Alton Alon ca case that lint It i sias us unnecessary sary samy and Immoral immoral He said ald that congress COI- COI con gress should rectify the railroad practices practices financial finan Unan- tices of making railroads great gleat for the lie cial Investment inv institutions thE Insiders of or enriching a few In purpose put l liy hy l y speculation speculation- I I do tb not believe b lev ho he said ld that the thc law laii- should hould permit such a n transaction I believe In unwise ise restrictions I 1 do not e blE us as to lo the acquisition of bonds and se securities se- se e- e I but I 1 assert that It I Is contrary contrary contrary con con- to public idea that railroads financial Investments Invest invest- should become great ments menti and be e allowed to manipulate securities other than titan those tho t for 01 the actual actual ac nc- ac- ac uses of or the railroads In trans trans- orthE of or portative and amid general advancement nd c the thE institutions themselves U It I was at this point I in the remarks of ni Mr Mi- rr Ielo g. g near th the closing lo of 0 I the the proceedings that Mi Mt 11 Lovett lt LO threw significant suggestion that helid he hl out the lid did not believe con congress re had the right dil Harriman Harrl- Harrl to legislate te on such s ch matters man to o 0 those who heard the remark ehas has thrown the gage of or battle bat bat- bellev e le the tle to the administration In Its is railroad railroad rail rail- 1301 road rOl 1 program In his hi argument Mr 11 Kellogg reviewed review review- re lew Chicago S Alton iton matter and ed Id rt the Alon mater stated ll that In his opinion the Union Pacific and amid the time Southern Souther Pacific did attacked at aU constitute a merger that would be tacked successfully un under er the Sherman man trust anti law The other points In hi his anti could uld argument nl were yere that congress c recurrence of or orI making a a law 0 pa pass the Impossible anti and that such stich thing nt I system of bookkeeping of or the roa roads should be 1 looked into |