APPENDIX EXTENSION OF TENURE OF GOVERNMENT CONTROL OF RAILROADS HEARINGS BEFORE THE COMMITTEE ON INTERSTATE COMMERCE UNITED STATES SENATE SIXTY-FIFTH CONGRESS THIRD SESSION ON THE EXTENSION OF TIME FOR RELINQUISHMENT BY THE IN THREE VOLUMES VOLUME 3 (Volumes 2 and 3 contain Report of Hearings before the Joint Subcommittee of Congress, November 20, 1917, to December 19, 1918) Printed for use of the Committee on Interstate Commerce WASHINGTON GOVERNMENT PRINTING OFFICE 1919 APPENDIX VOLUMES 2 AND 3 OF EXTENSION OF TENURE OF GOVERNMENT CONTROL OF RAILROADS Contain the Complete Hearings Before the JOINT SUBCOMMITTEE ON INTERSTATE AND Ordered Printed by the COMMITTEE ON INTERSTATE COMMERCE SENATE OF THE UNITED STATES Sixty-fifth Congress, Third Session As an appendix to the hearings on the extension of time for relinquishment 117900-19-VOL 31 1 INTERSTATE AND FOREIGN TRANSPORTATION. THURSDAY, NOVEMBER 1, 1917. CONGRESS OF THE UNITED STATES, The Joint Committee on Interstate Commerce met, pursuant to call of the chairman, in the Palace Hotel at 10 o'clock a. m., Senator Francis G. Newlands (chairman) presiding, Representative William C. Adamson (vice chairman). The CHAIRMAN. The Joint Committee on Interstate Commerce has assembled in San Francisco for the purpose of hearing representatives of the various State commissions and of commercial bodies and others, in the Intermountain and Pacific coast regions, regarding the transportation problems that relate to that region and also the general survey of the railroad and transportation question contemplated by Senate resolution 60, with which you are probably familiar. That resolution calls for an investigation of the question of the regulation of interstate commerce and also the question of Government ownership of public utilities engaged in interstate commerce, including not only railroads but oil lines, telegraph lines, and telephone lines. Our inquiry thus far has covered the question of the form of the organization of railways, as to whether that form shall be under National or State corporations, and it has also covered the question of exclusive control of the issues of securities by corporations engaged in interstate commerce and also the question of the organization of the Interstate Commerce Commission; the question of regional commissions has also come up in connection with the organization of that commission, the regional commissions operating in the various regions of the country being brought into close contact with the commercial interests affected, with possibly an appeal to the central commission at Washington. We are here to listen to any suggestions relating to the general problems, or relating to the local problems on this coast, or the Intermountain region, and I will open by taking a survey of those who wish to participate in these hearings and the subjects upon which they wish to be heard. I will suggest that where there are a number who are interested in the same subject that they concentrate as much as possible by the selection of one or two to represent their views, although, of course, we intend to give the widest opportunity to be heard. But it is important that our record should not be a too bulky one that we should take into consideration the fact that we have taken some 2,000 pages of testimony, and we have only commenced |