A SUGGESTION

A Suggestion Editor La Follette's : IN the last ten years the writer has been urging (without avail, because the American press refuses to print it) that the easiest and most just way to deal with...

...A Suggestion Editor La Follette's : IN the last ten years the writer has been urging (without avail, because the American press refuses to print it) that the easiest and most just way to deal with the railroads is for the Government to build 'a new line from the Atlantic to the Pacific...
...The Governor of Texas declared he would build any line for about $25,000 a mile...
...Our present railroads are capitalized at $120,000 per mile—three-fourths watered stock—fictitious capital on which they are now in conspiracy to get the United States government to guarantee them six per cent...
...Now Sir, here is a solution that will bring the Railroads to their knees begging the United States people to buy their roads at their true value which is what they can be duplicated for...
...Fred A. BINNEY San Dicgo, California...
...Now by proposing to build a new line the people of the United States will virtualy say to the Railroads: "You want us to buy your lines and you ask three times as much as they are worth...
...Now you can keep your lines and we will build new ones...
...There won't be any confiscation in this—it is simply legitimate competition...

Vol. 6 • December 1914 • No. 46


 
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