Show GARRIER ARRIER REliEf Will BE URGED HUGHES TO PRESENT PLAN IN BEHALF OF MILWAUKEE ROAD IN NEW RAILROAD PLAN September First Is Date Selected When Hearing of Roads Will Take Place Benefits Will be to Advantage of the Weak Companies New York York York-An An unprecedented plan for r railroad increases involving ol poolIng pooling pool pool- Ing among weak railroads will be urged urged urged ur ur- ur- ur ged by Charles E. E Hughes before the interstate commerce commission in behalf of the receivers of or the Chicago Chi I cago Milwaukee St. St Paul railway I Hearings will begin at Chicago September September September Sep Sep- 1 Under the receivers receiver's plan increases in western territory would be pooled and divided di among weaker roads in proportion to the extent such roads fall Call short of earnings 5 4 3 per cent centon centon centon on property investment A prosperous prosper prosper- ous road would not receive full benefit bene bene- fit of an increase In rates but a weak r eak road would obtain much additional i.- i. 0 Some railroad men regard the plan planas as ns opposed to the principle of private operation and some go further in denunciation de de- and aud use the words soviet theory Mark W. W Potter former interstate commerce commissioner ore one of the St. St Pauls Paul's re re- and originator of the plan has met these objections by statements that the principles which govern the operation of industrial corporations no longer hold true on L UIe tue ne as us earnings are ae restricted by the recapture clause of I the he transportation act I This clause provides th that t if any railroad earns more than C G per cent half haIr of the excess revenue shall be turned back to the government go to form orm a fund on which the interstate commerce commission ma may draw to tooan I loan oan roads in financial distress The retaining of Mr Hughes announced announced an recently was somewhat of ot a surprise us as the investment house of Roosevelt Co which is opposed to the reorganization plan of Chicago Milwaukee St. St Paul railway recently recent- recent ly y made overture o tj ti him with a view to o retaining him in investigation of the he failure of the road last March A conference between the receivers ers of the St. St Paul and executives of ot other northwestern carriers will be beheld beheld held here shortly in an effort to win support to the rate increase plan Hale Holden president of the Burlington Bur- Bur ington lington is already here for the con- con ference lIe He remarked that the Potter plan conflicted with the transportation tion ion act and that the remedy for decreased decreased decreased de de- de- de creased passenger earnings was supervision supervision su suo su- su of interstate bus traffic c with equal rates for steam and motor car- car Western estern carriers as a class are arenow arenow arenow now preparing a petition to the commerce commerce com corn merce commission for a flat increase of 5 per cent on freight rates |