RAILWAY RATES.
Received August 21, 7.40 a.m. NEW YORK, August 20. The Hon. W. H. Taft, United States Secretary for War, speaking at Columbus, Ohio, declared that the Interstate Commerce Act is a failure, because it had not secured the fixture of reasonable railway rates. The Commerce Commissioners, he said, ought to possess power to enforce uniform classification of freight by all railroads; also the power to prevent over-capitalisation of railroads. He advocated other radical reforms to prevent the absorption of all railroads into one hand, and declared that if abuses were not stopped, the movement in favour of Government ownership of railroads would become formidable. Mr Taft further advocated a more stringent amendment of the Anti-Trust Law, and also thought there should be revision of the protective tariff by the Republican Congress immediately after the next Presidential election. Mr Taft will be a candidate for the Presidency.
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Wairarapa Age, Volume XXX, Issue 8516, 22 August 1907, Page 5
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148RAILWAY RATES. Wairarapa Age, Volume XXX, Issue 8516, 22 August 1907, Page 5
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