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Show PROPOSE FEDERAL OWNERSHIP OF: M RAILROADS: WASHINGTON'. A u k . 2-Government Ownership Ql the railroad- If proposed in a bill Introduced today by Representative Repre-sentative Sim. Democrat, Tennessee The measure embodies the plnn wbl h h i-, been endorsed by ihe four brotherhoods broth-erhoods and the American fTederatloni of Labor and winch w&s presented to congressional committees recently by Glenn E. Plumb. In u statement accompanying the measure, Representative Sims said Its enactment would "establi.-h harmony between the public interest, the wage earners and capital,' and would be a lon- step toward solving the high cost ot living problem by lowering trans portal ion charges. I ndei the bill operating control of th'fl railroads would be vested lO 9 directorate ol Fifteen, Civs appoint d b ihe president, five by operating offl-dale offl-dale and five by employes. Holders of 4 per cent bonds which the government govern-ment would issue for he purpose of the linos and the employes would share equgll in ihe rarningo of the roads. |