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Show ASSERTS GOVERNMEHT I MUSTJID RAILROADS I Regulatory System Falls to Solve Financial Problems, Says H Mr. Underwood JH rH Now York, March p. In a speech H on tho railroad altuatlon beforo tho iH Sprlnx club hero tonight, Oscar W. M Underwood, Houso rnnjorlty leador iB In tho last Congress and now a sen- BH ator from Alabama, dpolared that "If 'Wm governmental rogulatjon Is unablo to fl copo ylth tho vexed prapteni that 9 confronts us, the pooplo will, occopt fj government ownership as the next HI stop ahead." M . Diseusslne tho prosont- syatom pt ., Vl' M regulating buslnes, Jlr, Underwood r BJ said tho timo had come when tho IBj government should aid and oaslut wM tho loadors of industry and finaaco. M Adequate provlBlonsfor capital to H maintain and extend tho transpovtat M tlon systom ot tho country Is tho jH problom confronting tho govexnmont 9 In Its regulation ot railroads, Mr. H Underwood nssortod, IJo added thn' H "our prosont systom p.f regulation is M brenklng down, in bo-.far aa it has M suponiscd tho finances of tho nll- H Toads with a view tp a)lowlng thorn H properly to protect tholr securities M that tholr credit may, bo maintalnou M to aid In present and future dovelop- M mont." Wm |