Depreciation of Equipment Study of Conditions On Southern Pacific Lines

Cover Depreciation of Equipment Study of Conditions On Southern Pacific Lines
Depreciation of Equipment Study of Conditions On Southern Pacific Lines
Charles James
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Terry: Your Honor, he is about to step on the toes of the Inter- state CosBfierce Comxsission. Now will Kr. Gray step on the toes of the proper people, let him be fair in this matter.
Quest! 01?: All right — you do not think that any depreciation is — properly chargeable to this equipment. If it is kept up, that is, kept in repair.
:S iJi^i.
5M ejf Answer: The counsel has just explained the requirements of the Interstate Commerce Coiamisston which cannot he overlooked nor do we want to criticis
...e it. Question; I asked you the question as to whether or not, in your judgment, and your experience, you think there is any depreciation properly chargeable up to locomotives. Answer: As long as parts are replaced and as long as there is demand which justifies the use of that locomotive, from the conditions I have explained, no, sir. Question : Any contract that had that provision in it would be unjust and unfair would it not? Answer ; It is not in lay province to sake contracts. Que at ion: I am talking about in your judgment as a Ueohanical Engineer it would be unjust aM unfair would it not, it would be unnecessary^ Answer : I feel I can give more evidence on that class of work which I am required to do.

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