AMERICAN RAILWAYS.
MR. ROOSEVELT'S POLICY. United Press Association — By Electric . Telegraph.— Copyright. (Received March 20, 10 a.m.) LONDON, March 19. The New York correspondent of The Times says that President Roosevelt's policy aims at obtaining fair valuation of railway properties' 1 and legislation will then be introduced making it criminal for manager^ of railway or other companies to speculate with their funds. (Mr Roosevelt believes there should be a system of national supervision of ikier-Slate corporations to cope with the evils of over-capitalisation. He is sure that railway rate legislation can b* framed which will ensure tangible results.)
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Bibliographic details
Taranaki Herald, Volume LIV, Issue 13428, 20 March 1907, Page 5
Word Count
98AMERICAN RAILWAYS. Taranaki Herald, Volume LIV, Issue 13428, 20 March 1907, Page 5
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