Evening Star Newspaper, March 21, 1930, Page 45

LIBERAL RAILWAY LEGISLATION URGED Couzens Fayors Law Based on Conditions Since 1920 Act Was Passed. Senator James Couzens of Michigan, chairman of the Senate committee on interstate commerce, believes that Cone gress should enact “more liberal legis- lation” or at l:ast be more specific so as properly to_ indicate its intent with respect to railroad consolidation. For this reason he urges that a thorough inquiry should be made taking into ac- count some of the changed conditions cases, holding companies have been formed for the gurpon of avoiding xxv. ing to go to the Interstate Commérce Commission for permission ' to secure other railroads or controlling interests in them. “For cang;esn to enact any new leg- islation without having all of the facts in this connection would be to legis- late in the dark. It is obvious that it will take some time either for the Inter- state Commerce Commission or a con- gressional committee to make an ade- quate inquiry into the activities of these holding companies and investment irusts. A thorough job must be done because these companies may not neces- sarily have actual control of the stock, but they may have what amounts to the same thing through interlocking directorates or such influences. “The whole problem of the fidancial structure, operating conditions, the terminal facilities, and related matters must be given the fullest consideration through an ascertainment of the facts, before Congress can intelligently legis- late on a matter which so affects the public welfare.” D. L. (Copyright, 1930.) THE EVENING STAR, WASHINGTON, BUSINESS-OF BEING A KING COSTS By the Assoclated Press. MIA] MI, Fla., March 21 —A island costs too much. - At any rate, current quotations are too high for M. Frederick Bramley, wealthy Cleveland contractor, and he is the only man of recent record to get bids on_one. Bramley's specifications, however, called for the top of the market, since the proposed kingdomy was 30 feet be- rivate He firs more than a year ago. He acquired the yacht Peary, which Comdr. Donald Mc- Millan used in No: and sailed from Miami in search of it. He found it submerged off the Cali- fornia coast about 100 miles from both San Diego and San Pedro. Recently Bramley gathered a corps scientists and engineers and made a TOO MUCH, OHIAN FINDS 7 low the surface of the Pacific Ocean. the island in a dream Pole expeditions, second trip to what he proposed to make into a “private kingdom,” to determine methods and cost of raising it. The Peary has returned to Miami with the party, with the quotation “too h 3 Bramley, however, said he had not lost hope that some change in the mar- ket or in his financial condition would permit him to buy into the king busi- ness. P, The electric light and power industry of the United States generated and made available for distribution in 1929 91 billion kilowatt hours. Of of | amount 15 billion were lost in trans- mission. D. C., FRIDAY, MARCH 21, 1930." ORDWAY RIFLES’ VETS NAME HODGES CHIEF Association Lauds Ballou for Order- ing Patriotic Instruction in Schools to Combat “Reds.” The Ordway Rifles’ Veterans’ Associa- tion, meeting at the Raleigh Hotel, elected Willlam S. Hodges, president; Thomas E. Allen, vice president, and J. ta this | William DeGroot, secref Business transacted inclided passal of a resolution condemning the mmf; B NI of “reds” in the public schools. The secretary was cted_to address a communication to Supt. Ballou, indors- ing his policy of insisting on patriotic instruction in the public schools, and particularly the daily exercises which in- gl;x'de the “pledge of alleglance” to the Robbers Take $40,000 and Car. BELFAST, Northern Ireland, March 21 (#)~—Masked bandits held up a banker’s automobile near Carrigallen, County Leitrim, and escaped with $40,- 000 in banknotes. After taking the money the robbers appropriated the au- tomoblle, which was found later aban- doned. e g * D-3' Maj. F. V. Krug Dies. PARIS,» March 21 (m—n)lll. Fred- erick V. Krug, 60, of caster, Pa., died Tuesday at the American Hos= ital. Burial will be in the National ‘emetery at Arlington. : PU’E"‘ Quriskan CHEV RIGHT RESERVED TO LIMIT QUANTITIES ( A A b 4 b Tl'lrougl'l aaa « « « « QUANTITY BUYING ECONOMICAL DISTRIBUTION and CENTRALIZED CONTROL “Peorres” hnerease the Buying Powcr of You Doter When You Think of Savings 444 THINK OF b p Gones Druc Srores Ve WVVVYN REE._. 65¢ Flacon of Coty Perfume With Each Purchase of 1 COTY since the transportation act of 1920 was passed. ¢ Since Mr. Couzens is the head of the committee which will deal with rafl- road legislation his observations are significant. | “The subject of rail transportation,” said Mr. Couzens, “is very much in the public mind at this time—for several reasons. One of the reasons is that railroads, on their own statement, are very efficiently and economically man- aged, which reacts greatly in the pub- lic interest. This increased -efficiency in railroad maflagement has brought about much better use of equipment and greatly speeded up transportation of commodities, thereby making it un- necessary for manufacturers and mer- chants to carry so large a stock on hand. I mention this because when the 1920 transportation act was passed thic condition, it is understood, did not exist, and some railroads, both large and small, were called “weak” rail- roads. Sought to Aid Short Lines. “Congress thought, so as to provide adequate income for the so-called weak * and short-line railroads, a leveling-out Plln should be adopted. I mean by th eveling plan where one railroad, through good operating conditions, | plenty of business, and efficfent man- | agement, receives a very high retuin upon its investment, while other raii- roads not so well located and with less tonnage are unable to get even an adequate return upon their investment. ‘Then it was thought that the consoli- There isa Peoples Drug Store *in every section of the City— ONE NEAR - YOUR HOME! “SILVER JUBILEE YEAR” Our 25th Year of Public Service —not one day —but every day! Something Every Home —but seldom has! ' HANDY Tool Set Six Tools in One! dation of the railroads into a number | A , of large systems would bring about econ- ¢ omy in administration by the elimine- + tion of duplication of management; it ‘was thought that better use of terminal Eiil facilities might be had, with resulting | 3 i economy. This, together with other rea- | ‘ sons, brought about the provisions fot consolidation in the. transportation act { of 1920. $ : £ \ “Congress further provided that the | Interstate Commerce Commission should | prepare a plan for making a large num- ber of strong railroad systems through absorbtion by the most profitable of the so-called weaker lines. This was tc A SN act as a guide to the railroads and to the pyblic. After nearly ten years the Interstate Commerce Commission has handed down such a plan. The plan is now open to criticism, favorable or un- favorable, and to suggestions for modi- fication or changes. “It is entirely conced:d that to brirg about consolidations in the public in- terest, Congress should enact more iib- eral legislation, or at least more specific legi-lation, so as to properly indicate CHILDREN SHRIEK WITH JOY when they see this new Doodlebug releae from our home movie library. ‘Save on REMEDIES 75¢ Alcorub, pint .... 65c Babek Elixir . 60c Bisodol, 2 oz. 59¢ ..53c ..43c Face Powder 85¢ sands of Washington wo- $1.65 50c DeWitt’s Pills Value 75¢ Dextri-Maltose .. 1 Hammer 1 Chisel 1 Gimlet 2 Screw Drivers 1 Tack Puller its intent. New Ways to Defeat Plans. “However, sinc: nactment of the 1920 law. much 2§ gone over the dam, and we do not hear so much about weak lines and the unfavoratle position that they and ain short- Jine raflroads wers pl in. 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