OCR Text |
Show HARD TIMES ARE 0NJ0B0GGAN Head of Harriman Lines See Splendid Outlook For Coming Ye.r in Tnis Country Chicago, Feb 14 An optimistic notOj.80 fnr ns a piogresslvo future In inllro.nl circles is concerned, wns sounded jestorday by Itobeit S. Lov ett, head of the Union Pacific and Southern Pacific rntlioada, on his nr-rival nr-rival In Chicago from New York Ho made It plain thnt both ho nnd his colleagues In tho east boo many signs for cucouinitcmcut nnd no alarm signals sig-nals In the financial horizon. President l.oott Is on his wny to tho Pacific coast on nn nnnunl tour of Inspection and will leave Chicago toda) for New Oi leans, whence he will go westwnul oer tho Southern Pacific Hjstem. The business outlook Is good so fm ns our lines sire concerned," he said. "The decision on nn Increase In freight rates, whichever wny It goes, will not affect our plans. It wilt bo icinembered that our ratos wore io-duced io-duced about n jenr ngo by th'o Inter-stnto Inter-stnto commerce commission. "It Is my purposo in making this trip over the lines to nscertnln tho physical condition of tho properties nnd leain where Improvements ought to bo made Undoubtedly mnny will be ridcred In addition to several that are now under wny." Ho announced thnt his tour would consume nbout six weeks and that ho would spend a considerable poitlon of the time In California Ho does not expect to mnke a trip to Oregon. |