On the grounds that the Interstate Commerce Commission's valuation of the railroads will be from $5,000,000,000 to $12,000,000,000 greater than the amount invested in the railways, " The National Conference on "Valuation of Railroads " met in Chicago to " promote and protect public interest." It was called by Senator La Follette and attended by " progressive " members of Congress, railroad labor leaders, Non-Partisan
Leaguers, and advocates of Government ownership.
Senator La Follette was chosen Permanent Chairman. Senators Owen, Shipstead, and Frazer, Governors Sweet (Colo.), Ross (Wyo.), Elaine (Wis.) and Mr. William...