RAILROAD SITUATION j IS NOW LARGELY UP TO CONGRESS Must Share Responsibility In Future Development. ROBERT S. LOVETT'S VIEWS "Unification of Regulation Is Essential." A Comploto, Harmonious, Consistent and Related System Nssdsd—Federal Incorporation of Railroade by Gener al Law Favored. Washington, March 2t>.— Responsibil ity for the railway development of the country, for providing necessary trans portation facilities to care for the grow ing business and population of the oountry, now rests largely with con gress and not entirely with the rail road managers. This was the state ment of Judge Robert S. Lovett, chair man of the executive committee of the Union Pacific system, to the Newlauds Joint congressional committee when that body resumed its inquiry into the subject of railroad regulation this week. In making this statement of the changed conditions of the railroad sit uation Judge Lovett undoubtedly had in mind the decision of the supreme court on the Adamson law, handed down last week, which establishes the right of the federal government to fix railroad wages and to prevent strikes. This decision is regarded by railroad men and lawyers as marking an epoch in the development of transportation in the United States. "We have our share of responsibil ity," said Judge Lovett, "but it rests primarily on congress. When the gov ernment regulates the rates and the financial administration of the raii- I roads, the borrowing of money and the issuance of securities it relieves the railroad officers of the responsibility of i providing and developing transporta tion systems, except within the limits of the revenue that can be realized from j such rates and under such restrictions. "For a country such as ours, for a people situated as we are, to blunder along with a series of unrelated, incon sistent, conflicting statutes enacted by different states without relation to each other, instead of providing a com plete and carefully studied and pre pared system of regulation for a busi ness that is so vital to the life of the nation, is worse than folly." He summed up the present problems an