srjjw -fr k The Commoner 'iPBffi, 1920 The New Railroad Law (Continued from Page 7.) amend the House bill by providing for th fed- . eral incorporaion of railroads. The avowed pur pose of the Senate amendment was 'to COMPEL the federal incorporation-of ALL railroads. The railroads have desired this for at least twenty years. President Roosevelt recommended feder al incorporation in ie of his messages, and the president of one of the western railroads (which a legislative committee had recently reported as capitalized for three times as much as it would cost to reproduce the road) gave, as his reason for favoring federal incorporation that it was the only way to protect the railroad from ' the "demagogues in the state legislatures." It seems that the Houso would not stand for federal incorporation, and the House conference committee reported that the conference bill strikes out all of these sections providing for federal incorporation, re-incorporation. The senate amendment declared it tobe the policy of the United States to require the con solidation of all of the railroads of the country into not less than twenty nor more than1 thirty five separate systems and provides that the transportation board shall prepare a plan for such a consolidation. Voluntary consolidation was provided for within the period of seven years after passage of the act hut after that period-the board was given power to COMPEL such consolidation. The House did not consent to COMPULSORY consoli dation but agreed to VOLUNTARY consolida tion. The Interstate Commerce Commission is authorized to permit the acquisition Dy one car rier 'of the control of another by lease or pur chase of stock; The Commission is expected to preserve, "existing rates and competition as far as possible," but it is not always possible to PRESERVE COMPETITION when competing lines are allowed to consolidate. The Senate amendment discloses the purpose of the railroad managers to create, as soon as permission can be secured, the most gigantic pri vate monopoly the world has ever known. If the existing railroad systems could be consolidated into from twenty to thirty-five systems, the next step would be to reduce the number to fifteen or twenty, then to four or five and then to one. If we are to have private ownership we might as well understand now as later that there is no end to the consolidation scheme until all are under one management. The railroad, reaching into almost every county and, in most cases, into nearly all parts of the country, secures such an immense number of retainers lawyers, railroad Physicians, railroad experts and railroad poli ticians as to become an almost invincible pow er in politics. Sooner or later, the public will be compelled to choose between "government own ership of the railroads" and "railroad ownership of the government," as the issue was stated many years ago. The House was not ready to go as far a the Senate, (altho' on some questions- it was the Senate that refused to concede as much to the railroads as the House demanded), but the House consented to VOLUNTARY consolidation, and voluntary consolidation has in view the same end, namely, one great private monopoly, jvith something like 'twenty billions of dollars Dack of it, interwoven with the banking influ ences and the influences of the trusts.. What an unequal combat it will be when the unorganized masses attempt to protect themselves from such Mghly organized capital with its thoroughly warned representatives and its secret hold yn the aveues of information! Last Jtater the railroads entered upon a syste matic effort to lay their side before the public thru the newspapers, and the amount y were prepared to spend was prob :,,ly one hundred times greater than any sum that could be raised from all the patrons for ? Purpose of presenting the patrons' side. Wpien ne public read the bill as the Senate intended it e, or oven as the House permitted it to be, juo People will understand how impossible it is r tum to have anything like an equal chance w reasonable justice, with the railroad systems rm!e hands of Private corporations. fhe Senate agreed to the House provision with 33s,sr.s been fww r7?ul,rai l railroads have Sf P?gnf l g ff tWs PrIv"eBo for at least a 2?S mu C(lntury- I remember when they had a bill before Congress some twenty-five of the fight was led by the president of the B & .' ? been elected by Congress and had the privilege of the floor, the fight being made before he took his seat. The phrase "subject to the approval of the Commission" is used to as sure the public that no harm will be done the pa trons of the roads, but two facts stand out so prominently that oven a wayfaring man ought to be able to see them. First, when the question of consolidation and pooling is left to the decision of the members of the Interstate Commerce Commission, the rail roads are given an immense financial, interest m congressional, senatorial and presidential elections. Just in proportion as the power of the Interstate Commerce Commission is increased, the control of that commission becomes a po litical prize for which the railroads are sure to contend. If they are permitted to pick out a man for president and by the power of their in fluence secure his nomination and election, it is reasonable to suppose that ho will be influenced by the opinions of the railroad magnates as to the fitness of aspirants for positions on the Inter state Commerce Commission. The big railroad attorneys are prominent men, known to the pub lic, and the public does not always remember that a fundamental bias can pervert the judg ment of a very respectable even conscientious man. A man is often most biased when ho thinks himself entirely impartial. The new rail road law gives to the big transportation, lines the greatest stake in politics they have ever had. They may be expected to take part in every con gressional fight, in every senatorial contest and in every presidential campaign. Working in the dark rather Uian in the open, it may bo expected that they will exert a potent influence in politics as it is now certain they did in the campaign of 1918. But the other fact is even more important, namely, that the railroads are now able to cap ture the last citadel which defends competition. Competition has been weak enough, heretofore, but even the semblance of competition is to be destroyed. Authorized pooling is a declaration that in the case of the railroads, competition Is impossible. The railroads become a monopoly, a private monopoly, and therefore the railroad monopoly falls under the condemnation of a velSablished democratic principle namely, that a private monopoly is indefensible and in tolerable. The railroads are hastening the day when the ouestion of private monopoly vs. government ownership will be the paramount issue before the counti y 'When- that issue is understood there can be on y one side to it, and that the peoples-side. then eoymentoymenm gtroke tQ the next step, ft reuerience shows that warn awaken the pu wic. i Solomon says that ings are dually unav ,i mg . "the wise num forsee tHtn e e v punj8ned." self, while the toolishpajj on an Pg truth, but t is a de against lt. It foresee the evil an i But, blessed be popu passes on and is Ps V0TjSBD, THE PEO jar government. WHb a T ALL PLE HAVfci" yR INTELLIGENCE DE- PbU "n THEIR INTELLIGENT ur, WRONGS. AND TOWtt jf m& n&yf VISES EPFECTIVB REMJ & railroad law HU""T " fronts them, the Kepuu of the nger that confronts n lican victory of 1018 may i BRyAN guise. THE LASTING ORATOR braska got $e $J? 0 Lincoln two years be Bryan. He had come to Qf hig oratorIcai fore, Dt only a tew na g 8trug. ability when, ' Suce to advertise, the gling young lawyer a en awarded him the First congressional distri & DemocraUc nomi. otherwise profitless nouu nation for congress. In that campaign of 1890 the boy orator of tho Platte emerged. Tho dis content roflectod in tho populist movement was just getting undor way. It loosened tho moor ings of enough Republicans to make thorn sus ceptiblo to a silver tongue. Mr. Bryan was elected, mado his tariff speech hit In congress and was re-elected. That is tho only elective public office ho has ever hold. But ho has talked on, garnering throo presidential nominations as ho went, always defeated, yot always heard. Night before last, Lincoln peoplo packed tho auditorium to hear again tho volco they havo heard for thirty years. It was tho old, old theme, politics. Nothing new could bo oxpected of Bryan on Hiat subject. Yot tho crowd camo, stayed, applauded and went homo fooling that it had been well cntortnlnod. Tho familiar sixty-year-old man had charmod his hearers as effectively as did tho frosh youth of thirty Surely, an orator who can hold his crowd for thirty years is an orator indeed. Many who sat him thru on Friday night passed thru their minds a score of such appear ances. Thero were his debates with Conncll, with Field, with Thurston, tho speoch to a jammed, shabby city when ho came homo with the presidential nomination in '90, tho birthday dinners, tho great speech of 1910 when, refusing to lead his party into delirium tremens, ho bolted Dahlman. Tho Bryan prosent beforo them rep resented a host of Bryans behind them. Yet tho old Bryan prosent had all tho power of tho young Bryan past. It was possible to see why Mr. Bryan is easy to listen to. One might bo at tho remotest part of the auditorium or oven just outsido tho door, and whether he listened or not, tho Bryan volco boomed easily into his cars. To bo an orator one must be born with a voice. But that isn't enough. It is easy to "get" Mr. Bryan. Hla thought is predlgestod. Ono has no wearing ramifications to follow. Ho does not put hf hearers to tho labor of putting two and two to gether. If one misses a sentence at an outburst of applause ho has lost only a sentence The next will bo complote in itself. Stories come often enough to pepper the dish. Tho general geniality of the thought Is sufficiently broken "by notes of defiance and denunciation. And tlioa the fur is smoothed the right way. Mr. Bryan' can defy an audience of politicians with grand effect when ho feels like it. But ho never defies an audience of common folks. If ho cannot agree with them, he at least avoids rasping them. In his thirty years of talking to us, Mr. Bryan has seldom had a majority of his own Nebraska with him. Yet the political generation which came on tho stage thirty years ago will find on reflection that no man of any party has woven his personality into its period as has Bryan. His has been the dominant note In Nebraska and in more than Nebraska, for much of that time. Wo may not agree with Bryan. We may not vote for him. But after ho is gone we shall doubt less agree that it was our fortune to have wit nessed the rise and extraordinary duration of one of the most ocmpelllng orators of all time. Nebraska State Journal, Lincoln. BOOKS RECEIVED Stabilizing the Dollar. A plan to Stabilize tho General Price Level Without Fixing Individual Prices By Irving Fisher, Professor of Political Economy in Yale University. Ex-President of the American Economic Association The Mac millan Company, Publishers, New York. Price ?3.50. , , The Railroad Problem. A proposed plan for an undivided administration of the railroadlsm for promoting competition in railroad service; and for stimulating local initiative in railroad Development. By Walter W. Davis, Great Neck, LThe World 1920 Almanac and Encyclopedia, TRflued by The Press -Publishing Co., Pulitzer Bid., New York. Single Copies 35 cents. By Mail 50 cents. Tho Trinity and The Deity of Christ. A Bible Study. By Rev. Edwin Barneston, Cohoc tcn, N. Y., R. F. D. 3. Price 25 cents. The Lincoln Cabin and Other Poems. By, Saxe Churchill Stimson. Author of The Trench Lad. Published by the Author, Milwaukee, Wis. The Economic Consequences of the Peace. By John Maynard Keynes, C. B. Representative of the British Treasury at the Peace Conference. Carnegie Endowment of International Peace. 407 West 117th St., New York. '' mm . ;? H I 1 V t. 4 . 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