WATERING RAILWAY VALUES

Paine, Robert F.

Watering Railway Values : : By ROBERT F. PAINE IN THE year 1920, the Congress of our beloved land decided "to help the Weaker railroads" and put our greatest industry beyond the reach of...

...Hon...
...Watering Railway Values : : By ROBERT F. PAINE IN THE year 1920, the Congress of our beloved land decided "to help the Weaker railroads" and put our greatest industry beyond the reach of receivers...
...It is the entering wedge as to all such enterprises as Muscle Shoals, Great Lakes Waterway, etc...
...which implies doubt...
...Has the candidate got to have certain leanings ?" And, if the "interested parties" agree on the man, will he stick up for the "interests," as a judge...
...and, the other day, the Interstate Commerce {Jommission presented a definition...
...Justice Brandeis dissents, on the ground that .Congress never intended that the Sherman law should deny men the right to refrain from work...
...In 1920, in the period of post-war hysteria, nearly three weeks after the crime's commission, they were arrested "on suspicion...
...In two years, the 5,000 will produce one million seven— oh well...
...ONE REASON ENOUGH oETTING aside all other th frigs, there ^ is one sufficient reason why Van-zetti and Sacco should not be executed by Massachusetts...
...and, the whole country would do well to wake up to this fact...
...Are we going to hand down to posterity a condition under which private interests rule and oppress...
...POWER TRUST RULE a LSO, U. S. Senator Pittman, of Ne-vada, arrives on the Coast to testify that the power trust will fight the Boulder Dam project in the next Congress...
...FROZEN FORTUNE THE big trans-Pacific liner Taiyo Maru started eastward through the Golden Gate, April 30, with a remarkable list of passengers—5,000 of them, all frozen stiff...
...It involves the great national issue—government by the people, or by the power trust...
...Now, the railroad lawyers are fierce for having the United States Supreme fcourt define "valuation" as present reproduction cost...
...It sounded charitable, patriotic, easy and just...
...Who are the "interested parties" in appointment of a federal judge...
...and so, they wrere berthed in one of the Maru's 45-ton refrigerators...
...Boulder Dam is merely the wedge in this issue...
...Justice Brandeis may be right...
...HOLDING THE LITTLE FISH "THOSE stone cutters," says the U. A S. Supreme Court, "deliberately adopted a course of conduct which curtailed, or threatened to curtail, the natural flow in interstate commerce of a very large proportion of limestone of the entire country...
...The trial judge states the fact that "the evidence which convicted these defendants was circumstantial...
...but, it makes little difference what Congress intended...
...you can figure it out, yourself, if you know frogs...
...The decision is a blow to organized union labor...
...He will plant his 5,000 in Japan's swamps...
...The private power corporations, he says, look upon the measure as the entering wedge of government ownership in the hydroelectric field...
...It yalues railroad property originating before 1914 at its 1914 reproduction cost and property originating since 1914 at actual cost, less depreciation, save land, which is given its present valuation...
...She puts unlimited fortune in a pair of frozen frogs and keeps a pair of frozen cats frozen for good...
...Of course, Senator Pittman is right...
...The men were draft evaders...
...60, it enacted a transportation act which orders every railroad to pay the government one-half of all earnings above 6 per (iiit of the valuation of its property...
...But, Massachusetts may go ahead with her bloody business...
...Coal may give out...
...TOURING recess of Congress, President Coolidge will appoint an additional federal judge for California...
...What is government save control of the national energy...
...It's an instance in which the Sherman law works...
...the tools in Jrour hands, the clothes on your back, the Iwards of your house, are concerned jn government's treatment of the railroads...
...The Interstate Commission figures out that the difference between its definition and the railroaders' definition would be about 10 billion dollars...
...The decision bars labor unions from refusing to handle products of non-union labor...
...It is proposed to legally murder them on "circumstantial evidence," which indicates doubt...
...Maybe, she hasn't progressed any since Salem women were roasted alive "on suspicion" and on "circumstantial evidence** that they were witches...
...Don't think that you are not interested...
...But, for seven years, attorneys, judges, lobbyists and professional economists have been pulling hair over the term "valuation...
...WHO IS INTERESTED...
...Thousands of passengers have wanted to make long ocean trips just like that...
...Y. Kawano, president of the Yokohama Trading Association, discovers that a pair of active frogs is worth $25, in Japan...
...so that the railroads would have to earn some 500 millions more, before Uncle Sam would get his rake-off under foat act of 1920...
...The beans in your pot...
...All over the country, there is a tremendous rising sentiment against capital punishment, even when the evidence is direct...
...Upon arrival in Japan, they will be thawed out and colonized...
...oil may give out but water power will not...
...but, not a blow to organized operators who have "deliberately adopted a course of conduct which curtails the natural flow" of bituminous coal...
...The courts so apply the Sherman law that it holds the little fish, while the big ones get away...
...Are they the corporations, the banks, the politicians, the wets, the drys, or the plain people...
...but, the dispatches say, he is postponing the matter, "because of failure of the interested parties to agree on the man...
...What prevented was that they were not frogs...
...Ain't nature wonderful...
...It was thought that they would not stand seasickness and weather variations on the long trip to Japan...

Vol. 19 • May 1927 • No. 5


 
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