Interstate Commerce Commissioner Lane suggests to President Roosevelt a few points concerning the regulation of railroads in the United States. Lane also mentions he talked over these suggestions with Frank B. Kellogg. One, the only men crying calamity are Wall Street Financiers. Two, the expansion of the railroads themselves have made it imperative to consider a national policy which will give greater security to stockholders and a surer guarantee of fair treatment to shippers. Three, railroads engaged in interstate traffic should not be allowed to hold or own directly or indirectly stock or bonds of any competing line of railroad.

Collection

Library of Congress Manuscript Division

Creation Date

1907-03-28

Creator(s)

Lane, Franklin K.

Recipient

Roosevelt, Theodore, 1858-1919

Language

English

Period

U.S. President – 2nd Term (March 1905-February 1909)

Repository

Library of Congress Manuscript Division

Page Count

5

Production Method

Typed

Record Type

Multi-image

Resource Type

Letter

Rights

These images are presented through a cooperative effort between the Library of Congress and Dickinson State University. No known restrictions on publication.

Citation

Cite this Record

Chicago:

Letter from Franklin K. Lane to Theodore Roosevelt. [March 28, 1907]. Library of Congress Manuscript Division.
https://www.theodorerooseveltcenter.org/digital-library/o55743. Theodore Roosevelt Digital Library. Dickinson State University.

MLA:

Lane, Franklin K.. Letter from Franklin K. Lane to Theodore Roosevelt. [28 Mar. 1907]. Multi-image.
Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. January 30, 2026. https://www.theodorerooseveltcenter.org/digital-library/o55743.

APA:

Lane, Franklin K.., [1907, March 28]. Letter from Franklin K. Lane to Theodore Roosevelt.
Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University.
Retrieved from https://www.theodorerooseveltcenter.org/digital-library/o55743.

Cite this Collection

Chicago:

Library of Congress Manuscript Division. https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division. Theodore Roosevelt Digital Library. Dickinson State University.

MLA:

Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. January 30, 2026. https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.

APA:

Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. Retrieved from https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.