Show PROBLEM IS BEING ADJUSTED DIRECTOR GENERAL HINES IS 18 0 optimistic FOLLOWING CON FERENCE WITH GLASS lue issue of warrants suggested to ralie raise fund funds needed aa as result of the failure of congress to pass bill appropriating washington follow ing a conference on march 12 with secretary of 0 treasury glass and officials of the war finance corIx corporation ration director general of railroads alnes ulnes exposed expressed confidence that the situation confronting the railroad administration through gli the failure of congre i to pass the appropriation bill mill be satisfactorily adjusted the director general wan war optimistic he ile said he would have haie a definite plan to propose to the tile railroad executives within 0 or ten dais the spirit of co operation shown shonn b bv the railroad men in the conference of the previous la in leads him to believe they will enter into the lie plan whole ln art edly and the administrations financial fi difficulties will be solved soled the chief subject of discussion at Wednes wednesday daya conference conf trence of the durec director ginneral gi gt the secretary of the treas ury and the war mar finance corporation directors was the issue of warrants at mr illanes tentatively suggested as 1 de ile method of solving col ving the problem it Is understood that the discussion developed iio too legal objections to the proposed warrants arrants 0 o and that this plan N will III be carried through th sir hir nines made it clear that it 11 was not intended that the warrants arrants be negotiable the tile understanding ie is that they will amount to little more than acknowledgments of the ment a e a to the railroads such documents in the hands of tho the railroads however will strengthen their credit it Is bel believed leed to the extent that most of them will be able to obtain private loam loani sufficient to tide the over the present difficult |