In view of the nation-wide interest in the Plumb Plan for the nationalization of the railroads which was promulgated in 1919 and received the endorsement of some American Federation of Labor officials as well as that of radical leaders, we give here the text of a manifesto issued by the Plumb Plan League. Ever since the return of the railroads to private ownership the agitation for the plan has continued.
The Committee feels it necessary to point out that this plan is largely the result of radical Socialist propaganda upon more conservative elements. It is an example of the extremely dangerous tendency even among those who are not conscious opponents of our institutions to take over certain elements of the revolutionary program so modified as not to show clearly their obnoxious character.
What is the Plumb Plan?
It is a plan for the public ownership and the democracy (sic) in the control of the railroads.
The two million organized railroad employees of America; and the American Federation of Labor, approving the principle of government ownership, has instructed its executive committee to co-operate with the officers of the railroad internationals in their efforts. It has also been endorsed by several farmers' organizations.
How does it propose to buy the roads?
By issuing government bonds with which to pay for the legitimate private interests in the railroad industry.
How does it propose to operate the roads?
By a board of fifteen directors, five named by the President, to represent the public; five elected by the operating officers; five elected by the classified employees.
Does this mean government operation?
Publication information: Book title: Revolutionary Radicalism:Its History, Purpose and Tactics with an Exposition and Discussion of the Steps Being Taken and Required to Curb It, Being the Report of the Joint Legislative Committee Investigating Seditious Activities. Volume: 3. Contributors: Not available. Publisher: J. B. Lyon. Place of publication: Albany, NY. Publication year: 1920. Page number: 2244.