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Show SCHIFF 18 PLEASED Railroad Legislation Will Have No Serious Effects Portland, Ore, June 28. Jacob H. Schlff. of the firm of Kuhn, Loeb ' & Co., of New York, paswed through Portland last night on his way to Seattle, where be will take a steamer steam-er for Alaska, whither he Is going on a vacation trip. , Mr. Shciff was exceedingly optimistic optim-istic In his views both of the financial finan-cial condition of the country and as regards recent legislation by congress affectlug railroads DUcussIng the latter subject, Mr. Schlff said that ho did not believe that the recent amendments amend-ments to the Interstate commerce act will have any serious effect on the railroads and that, now congress has adjourned, things wru be adjusted to meet the new conditions. He added add-ed that he thought that congress would not for several years make any radical changes In the law as enacted enact-ed at the session Just closed and also that he believed that there would bo little further exchange of a radical character on any subject during tho remainder of the present administration. |