Show blittle 1 little Comba bombastic itic Sar sarcasm talal realist the in CHICAGO feb 20 the annual report of the chicago alton road fr the year 1889 shows the following figures gross earnings increase operating expenses decrease net earnings SO increase the que question sIlon of railway legislation by the be states state and by the general govert government irad ir is treated td at gibat length by president blackstone Blackst cne and the statement is made that railroad prope ty lias has bi bt en greatly oppressed thereby the report says we should nut not complain unless prepared to suggest a lem remedy etly A suggestion nug is made thattie that the national goberm m shall acquire the ownership of a I 1 the mil roads in the united states now used jor for anter in tor state traffic by the lie exercise exercise of ita its right of eminent domain or by purchase payment to ba made by government bonds bearing interest at a rae rale not e exceeding c e e three hie e per cent per annum be redeemed by the annual application of a sinking fund equal in amount to one per cent cf ef the whole amount of bonds issued the tile annual interest ana 1 sonria annd to be paid from the net earning and the rates for transportation reduced from year to year so as to provide no more money than needed for euch such payments other details are elaborated at length the chief features being the proposal that the government of the roads and the making of rates ba be vested in a board of national railroad directors and that all railroad employees plo after one years service shall not be subject to discharge without without cause and a proper investigation its report in in conclusion n Fa castiC ally observes that nothing lees less potent than a special interposition of providence van can BO so change public sentiment as to induce the he government to admit it has been in in the least degree unjust in its tea treatment of railroads during the p past twenty years |