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Show SERIOUS CONDITION OF TRANSPORTATION WASHINGTON, D. C, March 27. The national outlook Is clouded with conditions of the most serious character1 Mr. Holden said, "of sufficient suffi-cient severity to indicate that the transportation machine of the country must be brought to and maintained at i the highest possible standard of efficiency effi-ciency with the least possible delay. "There is great need for more power and equipment, more trackage and larger terminals. To produce these in the face of these enormous increases In expenses requires a substantial increase in-crease In revenues throuch an incrase in rates, whereby additional money I will be available to pay Inert i op- ' I ng and maintepanec expi n-. - and J interest upon tho new capital which will he required ' finance the jm- provcraents and additions necessary." The percentage ot increase, Mr. Holden Hol-den said, was a subject which would yet have to be determined. In this connection, he declared that recent estimates es-timates fixing $60,000,00u as the additional addi-tional amount to be paid the railroad brotherhoods under the Adamson law was inadequate and that the amount would be considerably larger than that figure. |