| Show dilver OF RAILROADS CLOUD the probable attempt of radical men tore and representatives to modify the tation act to the detriment of abt e railroads in the coming cislon session of too a greBs ii Is a foreboding Imen menace nee tt t seriously threatens our present prosperity the certain stability that 4 U law gives railroad values hai has at eted much new money to the oads which has made possible the naive rehabilitation program that 21 tara turn loose a golden stream of dol in america the bt t the roads will spend for better kits ats improvements and new mew equip it lit kill will make the wheels of Indi industry stry oni n and the pockets of labor v 21 some time to come the end u expenditures that the roads have al ady made have vitalized business bui iness ev where it if left alone this law will eventually ring about a permanent solution sol atlon of ir or transportation problem it is the ver lining of the rail rad cloud Ile between tween august 31 and september 4 1 industrial stocks declined 6 15 points hile rail rails declined but points vore are evidence ct of the force of i the transportation act on railroad eurit euricles les radical legislators will be fading treading on dangerous ground when they eek feek to modify this law it if sue but in ia their efforts tle oe reward may 4 aa a industrial earthquake air and water are ate about the only things gi that do not come to ui us through he th annela of railroad 0 vu well I 1 eing leing hangs in the bot balance lance alth the permanent and add regular inter ande possible poi gible only through an improved and thoroughly rehabilitated transportation system la in belt self interest every human being in this country should get behind the railroad railroads la in their concerted endeavor to get oat from under the demoralizing effects of federal control and to bring their fa ellit les to top efficiency eo so that they can better serve our interests through such action we will harvest a crop of benefits that will be felt for years to come railroad rates is a favorite theme for self elf seeking politicians they would have the public believe that through legislative action they may ar reduce rates without harm to themselves the truth is that every la in jury such action inflicts upon the rail road roads is felt by the very people such auth refo nae are sito designed to protect restrict Be a railroads earnings and you Ire its usefulness injure the busl new name of credit of a railroad and you in jure jura everyone dependent on it for trane trans por tation the prosperity of 0 the laborer the manufacturer the farmer the merchant can only be temporary if the railroads that serve them are sot not re munera tive to be b remunerative they must charge each such rate for their aery lees as wll will enable them to furnish the accommodation accommodations the communities they serve require keep their property in re pair pay necessary expenses and make a vested reasonable return on the capital in an effective means of crippling railroads is to deny them the power to protect their interests and the interests of those who look to them for transportation por tation 1 extract from the bail nall 0 graph for october |
