OCR Text |
Show INVESTIGATE FRISCO LINE Washington .lime 1L A earchinc; ln estlgation into financial operations of the St Louis & San Francisco railroad system In response to a resolution reso-lution ot tho senate. Is to be undertaken under-taken by the Interstate ommer e 'ommisslon at once. The inquiry will co deeply Into returns of the Frisco lines with the Chicago. Rock Island and Pacific: lay bare Jnside fact? concerning the purchase of the Chicago Chi-cago aud Eastern Illinois and devel op those pertalnlnc to lease by the Filsco of subsidiaries roads. The resolution directing ihe in nuirv vhb Introduced bj Senator Ken-on Ken-on and passed by the senate Tuesday Tues-day Prelimlnan work was heirun yes terday in New York City by agent3 of the division of carriers' account-, acting by direction of Commissioner Harlan. The inquiry will deal with all operations opera-tions of the 'Frisco lines since the reorganization of the system in 1894 That will Include Its relations with the Rock Island, its purchase of the rhitago and Eastern Illinois, and with the acquisition of leased lines at rent als which are declared to be extravagant extrava-gant and unwarranted. When the work of tho division of carriers' accounts shall have been concluded a report will be made to the commission of all tho facts developed. de-veloped. Following that report ihi commission probably will order a formal for-mal inquiry Into the matter. |