OCR Text |
Show INCREASING THE COST I OF RAILROADING A man in close touch with the affairs af-fairs of the railroads in the official classification territory savs: nr"lS .1ar th,e cost' t0 the' railroads of furnishing the Information and reports re-ports required by the Interstate Com-merce Com-merce Commission amounted to" between be-tween ?7,000.000 and ? 10.000,000 an amount equal to 5 per cent dividends on close to $200,000,000 of capital EvSi. (?6S, n0t lnclude the ienses nnoHed In connection with the investigations in-vestigations of multitudinous- State comSluees.8 VariUs '"vo 'isn't there an opportunity here for the commission to save the railroads some Income, as they have in Se matter mat-ter of division of rates 'with industrial plant railroads? ' ,2 d0, no know of a railroad presi-nfil presi-nfil fTh0d0,cS not 8taml ready to fur-.hce5Federal fur-.hce5Federal as u'e11 a the state commissioners .with all the information informa-tion possible, but it has long been a principle of railroad efficiency h only statstics which are to b Useful and used are permitted to be corn-Piled, corn-Piled, and none just for statistics' sake. Hence it cannot but be dls- Sam eDnufstofoththe roads t0 be con" uau3 put to the expense of compiling S??!!18' ;hn: r am infoiined 11 ready there Is piled iu the commission's commis-sion's room In Washington manTS them with the strings Is TeFuntted 2me of "ilroads statistics whfch years' work ahead of It wit 1 f . now In its hands the data T1,eJe ,s,h?ull 'b'e fullest publicity Jn railroad affa rs, the need of Si i i K ,n I our prominent systems L? 1 !nr other hand, the S f ' n tllc such information6 shX U'e ffie? |