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Additional information submitted by-Continued

Association of American Railroads-Continued

Page

Proposed amendment to Interstate Commerce Act---

255

Rate of return on net assets, leading corporations, chart.

260

Ratio of net income to net assets of leading corporations, 1947

to 1957, table

261

“Would This Kill the Umpire?" advertisement from Washington
Post and Times Herald, May 22, 1958..-

469

Atlanta Freight Bureau, telegram from C. B. Culpepper, secretary

and general manager.

361

Baltimore & Ohio Railroad Co.:

Statement of Howard E. Simpson, president.

368

Traffic forecast, chart.-

404

Breuning, Carl G., letter from.

486
Chamber of Commerce of the United States, statement of.

362
Doran, Mrs. S. Ruth, letter from....

487
Gary, Hon. J. Vaughn, letter from...

483
Georgia Public Service Commission:

Summary of passenger train discontinuances approved or denied
by State commissions, 1951-56, tables...

178
Summary of railroad station agency discontinuances approved or
denied by State commissions, 1951-56, table.

177
Hansen Pacific Corp., letter from H. R. Hansen, Jr., president.

353
Holloman, B. D., letter from...

488
Inland Waterways Common Carriers Association:

Below cost rates used by railroads in rate war program, chart... 151
Comparative efficiency, barge versus rail transportation, chart and
tables

145–147
How railroad rate discrimination finances rate wars against water
carriers, charts.

148-150
List of members

144
Statement of G. C. Taylor, president, Mississippi Valley Barge
Line Co.---

364
Intercoastal Steamship Freight Association, letters from Harry S.
Brown, chairman..

488, 489

Interstate Commerce Commission:

Letters from Howard Freas, Chairman, transmitting further infor-

mation.

102, 106

Operating revenues and operating expenses of class I railroads in

the United States.--

facing 97

Selected income and balance-sheet items of class I railroads in

the United States..

facing 98

Statement of Howard Freas, Chairman, before Senate subcommit-
tee, March 28, 1958.---

106
Long Beach (Calif.), port of, letter from E. J. Amar, general manager,
and E. F. Manning, port traffic manager.-

357
Luckenbach Steamship Co., telegram from J. Sinclair, president--- 170
Midwest Association of Railroad and Utilities Commissioners, resolu-
tion of..

184

Missouri Pacific Railroad Co., statement of Russell L. Dearmont,

president

420

Mudgett, Leon H., letter from.

487

National Association of Motor Bus Operators:

Statement of -

Genet, Arthur S., president, Greyhound Corp--

338

Jessup, Claude A., president and general manager, Virginia

Stage Lines, Inc.--.

331

National Coal Association, statement of F. F. Estes, director, trans-
portation department

196

National Farmers Union, statement of Angus McDonald, coordinator,

division of legislative services

484

National Grange, letter from Gordon K. Zimmerman, research di-
rector ---

359
New York Central Railroad, statement of Alfred E. Perlman, presi-

dent..
New York, Susquehanna & Western Railroad, letter from Leon
Leighton, vice president..

88
Ohio Trucking Association, statement of Ellis S. Perlman, managing
director...

453

371

Page
481
487
486
487

77

244

247

358

488

484

Additional information submitted by-Continued

Ohio Valley Improvement Association, Inc., statement of Harry M.

Mack, president -
Oswald, L. W., letter from..
Payne, 'Mrs. Henry, letter from.
Pearson, R. F., letter from.--
Pennsylvania Railroad Co.:

Letter from J. P. Newell.
Revenue losses sustained by Louisville & Nashville Railroad on

interstate traffic, as of May 19, 1958, due to various Southern
State commissions' failure to grant ex parte 162, 166, 168, 175,
196, and 206 increase at the same time and on the same level

as authorized by the Interstate Commerce Commission, table.
Steps taken to secure ex parte 175 increases in Tennessee intra-

state traffic.
Pittsburgh (Pa.) Chamber of Commerce, letter from Sherman P.

Voorhees, executive director, transmitting statement.

Portland (Oreg.) Commission of Public Docks, telegram from Thomas

P. Guerin, general manager-

Propeller Club of the United States, letter from G. Harris Emig----

Railway Labor Executives Association:

Age of freight-carrying cars in the United States, class I line-haul

railways, as of January 1, 1934, 1939, 1947, and 1956, table--

Age of locomotives in the United States, class I line-haul railways,

as of December 31, 1936, 1941, 1946, and 1956, table--

Excerpts from statements of J. M. Symes, president, Pennsyl-

vania Railroad Co.--

Mileage of line-haul steam railroads operated by receivers or

trustees at various dates, 1895–1956, table...

Net cash flow and equipment obligations outstanding, class I

line-haul railways, 1921-57, table --

Net income, class I line-haul railways, 1921-57, table..

Number of agents and of all employees, class I railroads, United

States, table

Number of beneficiaries and amount of benefits paid under Rail-

road Unemployment Insurance Act, 1946–57, table-

Number of carriers showing annual net incomes or deficits, class I

line-haul railways, 1929-57, table.--

Number of employees, by ICC reporting group, class I line-haul

railways-selected years, 1923–58, table-
Number of employees, by midmonth count, class I line-haul

railways-by months, 1952–57, table-
Passenger train-miles, class I line-haul railways, 1921-57-
Pennsylvania Railroad Co., operating results in Ohio, 1955, on-

Trains Nos. 20 and 21.

Trains Nos. 66 and 67.
Railroad employment per revenue traffic unit, class line-haul

railways, 1920–57, table---

Rate of return, based on capital stock and net income, all steam

railways in the United States, 1921-56, table---

Ratio of fixed and contingent charges to operating revenues and

income available to fixed and contingent charges, class I

line-haul railways, 1921-57, table.

Revenue passenger-miles and passenger service train revenue,

class I line-haul railways, 1921-56, table -

Revenues per ton-mile and per passenger-mile, class I line-haul

railways, 1921-57, table.
Selected financial statistics, large railroads in the United States,

years 1956 and 1957, table---

Summary of passenger train discontinuances approved or denied

by State commissions, 1951-56, table-

Summary of railroad station agency discontinuances approved or

denied by State commission, 1951-56, table...

Total capital expenditures for additions and betterments, class I

line-haul railways, 1921-57, table.

Total costs per traffic unit and per gross ton-mile, class I line-

haul railways, 1922–57, table---

Railway Progress Institute, railway purchases, class I railroads,

table.

64

63

64
66

58
59

62

37

41

43

40

416

360

for authority to increase intrastate rates to interstate rate

levels, table-

Intrastate rates

Unprofitable railroad services

Virginia State Corporation Commission, letter from H. Lester Hooper,

chairman, and Ralph T. Catterall and Jesse W. Dillon, commis-

sioners

Walton, W. F., letter from..

Walton, Mrs. W. F., letter from.--

Weyerhaeuser Sales Co., telegram from George H. Shager.

Wiley, Tom, letter from..

Wright, T. M., letter from...

Wright, Mrs. Í. M., letter from..

209

209

205

483

487

487

362

486

488

488

RAILROAD PROBLEMS

MONDAY, MAY 19, 1958

House of REPRESENTATIVEs,
CoMMITTEE on INTERSTATE AND Foreign CoMMERCE,
SUBCOMMITTEEoN TRANspoRTATION AND CoMMUNICATIONs,

Washington, D.C. The subcommittee met at 10 a.m., pursuant to call, in room 1334, House Office Building, Washington, D.C., Representative Oren Harris (chairman) presiding. The CHAIRMAN. The committee will come to order. Today the committee resumes hearings with reference to problems of transportation. I think it is well known that the committee has held extensive hearings on this entire subject over a preiod of several years, lof in August 1955. It was the intention of the Chair, on behalf of the committee, to conduct the instant o on problems upon which we have not hitherto received a great deal of testimony, or concerning which recently several new proposals have been advanced. I must note that we have had demands for extensive hearings. It has been the policy of this committee to fully develop every issue and every problem that it considers, insofar as possible. We are somewhat concerned, however, over the fact that extensive hearings on all of these issues have been held, not one time but several times. There are two or three of the items to be considered upon which very little testimony has been received, but on others we have received voluminous testimony. We are concerned because of the many requests for further and obviously extensive hearings all over again. We have many requests from witnesses who have already been heard, not 1 time but 2 times, 3 times, and more times, and who want to be heard again. I am going to have to say to those who come that we are going to respectfully request that we do not have a rehashing of the voluminous testimony on many matters heretofore gone into, but to limit your testimony to the problems under the items which this committee has announced it will consider. Please do not misunderstand me. This is no attempt to cut anybody off. But this is a very busy committee and we simply cannot afford, on these and other important issues, to continue taking repetitious testimony. I hope everyone will understand that it is a matter of conserving the time of the committee, which is very, very important, and it is a matter of saving expense to the taxpayers, because these hearings cost money. Again I repeat, we want to fully develop all questions, and we are going to do that as nearly as possible.

1.

Furthermore, if it is expected to have consideration given to these and other important things before the committee, we simply cannot be in session conducting hearings all the time. I think it might be noted that we are getting fairly well along in this session of the Congress anyway. Anything that we are going to be able to do on this problem and other highly important jo, which many of you are interested in, will mean that we will have to get down to some executive sessions. I merely present this caution so that you might know what our problem is, too. It is very obvious to me, from the many requests that we have, and the number of witnesses that we have on the list requesting to be heard, that we cannot possibly conclude this week. Apparently it is going to take another week. That takes us to the last of the month. I hope that everyone, realizing your interest in these problems, will understand our problems, too. We want to accommodate you, and we will, insofar &S ible. n these sessions this week, we shall hear further witnesses upon the matter of interstate control over the abandonment of passenger service and facilities, which is one of the items we have had very little on. We shall also take up the subject of expediting intrastate rate procedures, which has to do with the same problem; inquiring into the proposals by certain railroads for financial assistance through the deferral of taxes provided by what is called a construction reserve. That is something we have had very little on. And, finally, to receive comments upon §. suggestions for meeting the problems of competitive ratemaking which have been made by the Secretary of Commerce, the Senate Transportation Subcommittee, and others. I am sure you understand that I mean by that that we have held hearings on proposed ratemaking changes in the summer of 1955, the fall of 1955, the spring of 1956, and again in 1957. The committee has a proposal before it, H. R. 11527, upon which hearings have been held. I am hopeful that it will not be necessary to play that record over again, because we have taken considerable testimony on it. We have already covered the subject with reference to amendments to the proposal referred to as the agricultural commodities exemption provision, and we held extensive and voluminous hearings on that. I see no reason that it would be necessary to take further hearings on that. Mr. Rogers did a splendid job in hearing everyone on it. Also with reference to the problem of the pseudoprivate carriers. That is one of the issues involved here. We have had extensive hearings on that. Mr. Flynt, Mr. Friedel, and others helped us out on that, and I hope it will not be necessary to hold those over in. So with these, if you will pardon me for referring to them, o: nitions, you help us, and we will try to help you; In the hearings this morning, to begin with, Mr. o, chairman of the Railway Labor Executives Association, made a request following the hearings several days ago on the other items, that he be heard on the question of abandonment of facilities by present procedures, and the problem of intrastate rates, I believe, perhaps also nstruction reserve. *:::::::: Mr. Leighty, as well as others who are interested in these problems, is entitled to be heard. So our first witness this morning

will be Mr. Leighty.

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