Word: problem
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Dates: during 1930-1939
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...Greatest Problem...
John Pelley, the A.A.R. and most railroad men are nowadays receiving their worst Labor headache from the pension problem. The first railroad pension plan was knocked out by the Supreme Court. Promptly passed was another one which has not yet reached the Supreme Court but was held unconstitutional by a lower court. Meantime the railroads and the Railway Labor Executives Association have been trying to get together on a mutually acceptable agreement to obviate the necessity of further legislation. They are split on a number of details, chiefly on whether the retirement...
Another attempt to settle the pension problem was made last week over a conference table in an office next to President Pelley's. On one side of the table sat Management in the person of Mr. Pelley, backstopped by such railroad notables as Erie's Charles Eugene Denney, Pennsylvania's Martin Withington Clement, Illinois Central's Downs, Union Pacific's Carl Raymond Gray, Santa Fe's Samuel Thomas Bledsoe, St. Paul's Henry Alexander Scandrett. On the other side of the table sat able, popular Chairman George M. Harrison of the Railway Labor...
Whitney's admission that he could not recall any Exchange discussions of the problem of listing holding company securities, nor had he read the 1926 Hoxsey memorandum on this subject which the Senator so admired. Mr. Whitney pointed out that this memorandum, written four years before he was elected Exchange president, had been a "confidential report" to the Committee on Stock List. Senator Wheeler was unappeased. Broker Whitney: "I really did quite a bit of work at the Exchange." Senator Wheeler: ''I must confess I am surprised...
...solution of Tide Rising's problem is melodramatic rather than sociologically practical, no fault can be found with Jim's bewildered but honest theme: "I don't know the answers to all these questions. Maybe nobody knows. But I do know they can't be settled by strikes and riots and civil...