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Show m RAILROAD LEGISLATION BB Much of the current Issuo of the tlache Review BJ Is devoted to n discussion of legislation tlinf Is det- Bm rlmpntal to railroads, and Just cause for grievance Hi seems tobo found In tho fact that regulation has Hi apparently run mad In Its effort to make a showing Hb against the roads. Taking aa a topic recently print- HM ed In Railway and Engineering News It Is shown Hi that In a territory covering eighteen states, with a Bl combined area of nearly 1,500,000 square miles, Bl thero was but 1000 miles of new construction dur- BJ Ing the past year or about one mile, of railroad to Bb each 1,000,000 acres of land. In speaking ot the Hi subject, under the sub-title of "Regulation Develop- Hi Ing Into Ruination," tho Review says: Hi Tho Inter-state Commerce commission was BJ appointed to carry' out tho plan ot regulating rail- HI ways. Tho regulation last year consisted largely Hi In reducing rates to meet tho views of rival ship- HJ pcrs and communities and In suspending all ad- Bm vances except nn Insignificant few. Under this Bl treatment the nvtirngo receipts of tho railroads Hi have been reduced over $42,000,000. This sum HJ ndded to tho earnings of the roads would havo H , placed their net Incomes at a sufficiently attrac- Hi tlvo figure to havo Induced Investments In their Hi securities nil over tho world. It must be remem- Hi bered thnt these reductions are for only ono Bl HI And thus It goes. Almost every stnto In tho Hi union has Its coterlo of statesmen anxious to get Hi n whack nt the railroads under tho guise of the HI dear people, and when the matter Is simmered down HJ the railroads hao dono more for tho people In a HJ ery short time than nil these so called statesmen HJ will or can do throughout their combined natural Bl days. This Is n day of Investigation and tho pub- Bb lie will be glad when tho fury hns been spent In HJ order thnt tho country may get down to nnturhl M conditions. HJ And Judging from reports it Is also n day of re- HB trenchment. Thoro nro a number ot projected roads HJ thn are at a standstill, nnd tho reports that some, HJ of tho largo roads are going Into thehnnds of a HJ receiver does not look good for ttho Immediate fu- HJ turo. Right here in Logan we are up against the HJ stern reality. With tho completion of the Ballard HJ Cutoff a now trnln schedule Is In order. We are HJ Informed thnt the schedule wns practically agreed HJ upon with the Intention of making It effective last HJ Sunday. Suddenly tho order comes that retrench- HJ ment is In order, that returns aro falling short and B ' tho schedulo Is ot put Into effect. Just what the HJ 15th of June, the day wo nro now Informed for the HJ ohango to tako place will bring Is n matter of con- ' jVcturo. Of courso tho trains will run ns hereto- HJ fore, but how many of thorn will run Is purely a matter to ho determined by tho volume of business H done. sUm: |