Ogden Evening Standard | 1913-02-11 | Page 1 | Railroad Men Heard

oo RAILROAD MEN HEARD Physical Valuation Not Opposed but Changes in Bill Needed Washington, Feb 11. The senate committee on railroads today heard railroad men on the- Ls Follelte bill I to authorize the Interstate commerce1 commission to make physical vaiua- ' Hon of railroads as a basis for making mak-ing rates The committee had sum" experts on hand to take the testimony The j railroad men were not opposed to 8 physical valuation but wanted to see- tiie bill improved. Frank Trumbull, chairman of tho I board of the Chesapeake ft Ohio and also of the Missouri. Kansas & Texas. I opposed an amendment requiring the interstate commerce t omslsion to m- I cpiire into th "original in;" of th , railroad as a basis of its value and that the railroads be allowed to appeal ap-peal from the decision. He declared that It would be impossible to get th' original cost of ome railroads. Ho told of the destruction of the Balti-j more & Ohio records in the Baltimore Balti-more fire and the Southern lJacifn: records In the San Francisco fire. Suggestions to Committee. President L, 1 Lores of the Delaware Dela-ware Hudson urged that the magnitude- of the task required that ihe commission have a belter Instrument to administer the law than the b'll j provided, lie. suggested thai i he commission com-mission be directed to create a railway rail-way valuation board of nine members to assist it, three to be selected by the commission, three to be nomlua'-cd nomlua'-cd by the American Railway association, associa-tion, one by the chief of engineers of the United States army, one by the bureau of steam engineering of th United States navy and the last bv (he president of the American Society ol Civil Kngineers