. Review of reviews and world's work . ntrusted to theInterstate Commerce Commission and reportto that body. ^ . The Interstate Commerce Com- Opmiona . • i i • c of the Commerct miSSlOn, With the CXCCptlOH 01 Commission Commissioner Woolley, madecommon cause with the railway men In op-posing Mr. McAdoos five-year control plan,and advocated legislation nullifying thePresidents power to surrender the railroadswithout notice. The most unsatisfactorypart of the Commerce Commissions plan wasthat relating to rates. The word reason-able has been the stock adjective applied torates to be put In force;
. Review of reviews and world's work . ntrusted to theInterstate Commerce Commission and reportto that body. ^ . The Interstate Commerce Com- Opmiona . • i i • c of the Commerct miSSlOn, With the CXCCptlOH 01 Commission Commissioner Woolley, madecommon cause with the railway men In op-posing Mr. McAdoos five-year control plan,and advocated legislation nullifying thePresidents power to surrender the railroadswithout notice. The most unsatisfactorypart of the Commerce Commissions plan wasthat relating to rates. The word reason-able has been the stock adjective applied torates to be put In force; but the absence ofany working test of reasonableness for a par-ticular rate has resulted in the past in volu-minous hearings and discussions, and hassadly delayed action. Chairman Clark, ofthe Interstate Commerce Commission, agree-ing on many points with the railway men,had no more definite working plan forpromptly arriving at the reasonable ratethan was furnished in his statement: Therates should not be higher than the shipper. © Harris & Ewing, Washington, D. C. MR. WALKER D, HINES (Who has succeeded Mr, McAdoo as Director-Generalof the railways of the United States) may reasonably be required to pay and shouldnot be lower than the carrier may reason-ably be required to accept. ,, .. , The danger of unlimited dlscus- The Views of . ° , , i • v Senator sion ovcr reasonableness, wnicnCummins ^^^^ ^^^ railroads waiting for four years for an answer to their 1910 appli-cation for a rate change, is thoroughly appre-ciated by Senator Cummins, who will beChairman of the Senate Interstate Com-merce Commission when Congress reorgan-izes after March 4. It Is understood thatSenator Cummins will come out strongly for (1) Government ownership of the railways, (2) the leasing of the roads, under carefulrestrictions, to private operators, (3) issuesof capital stock to cover equipment by theGovernment at a guarantee of return ofsomething like 4^ per cent., and -(4) oper-ating capital
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