10,914

1

to pay.

2

As a former people's counsel, I do recognize

3

the ability of public utilities to increase their rates

4

to take care of increased expenditures, and I would believe

5

the B&0 would not be averse to taking this road to economic

6

security.

7

THE CHAIRMAN: Delegate Clagett.

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DELEGATE CLAGETT: By way of caption on what

9

we have said, I gather the Committee then made no background

10

study to determine whether if this exemption was lost

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by the B&0 it would be or would not be able to meet the

12

obligation to tax?

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DELEGATE GALLAGHER: No, sir, we did not feel that

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was a proper matter of inquiry.

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THE CHAIRMAN: Delegate Case.

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DELEGATE CASE: Maybe we can get at it this

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way, Mr. Chairman.

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Succinctly, would the B&0 Railroad like to see

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this provision in the constitution or out of the constitution?

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DELEGATE CALLAGHER: Mr. Case, I an not

21

provided with a crystal ball, but if I were I would suspect