Abstract

Railway Regulation

The Senate Committee on Inter-State Commerce has within a few days taken the testimony or opinions of two of the most experienced railway traffic managers in the country. The object of the investigation is to obtain data for the use of the Senate in deciding between the principles of the Reagan bill, which lays down certain fixed rules for the regulation of railroad charges, and those of the Cullom bill, which proposes, in lieu of fixed rules, the appointment of a National Railroad Commission. Since the period of the Granger legislation ten years ago, there has been a remarkable change in the attitude and direction of public sentiment toward railways. Peace and prosperity would be the rule with the railroads rather than the present existing troubles.