Word: railroads
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
Ever in the rip tide of pressure groups, Washington during the past month was the scene of a unique Battle of the Pressagents. Sitting in judgment was an emergency Fact-Finding Board of three appointed by Franklin Roosevelt to decide whether railroad managements were justified in imposing a general 15% wage cut (TIME, April...
Daily in the dingy caucus room of the old House Office Building railroad presidents laid bare the shambles of railroad economics, railroad labor representatives snarled that labor was not to blame, should not pay the penalty. Meanwhile, the rival groups issued reams of charts, figures and opinions. Apex of the managements' campaign was a nationwide splash of advertising. Apex for labor was a 482-page, clothbound book (each copy stamped with the recipient's name in gold letters) dedicated to Franklin Roosevelt and titled Main Street-Not Wall Street. Last week "Main Street...
Judge Stacy and his co-members, Dean James M. Landis of Harvard Law School and onetime Economics Professor Harry A. Millis, said flatly that: 1) railroad wages are not high; 2) a horizontal wage cut would not meet the emergency since the savings would not go merely to the needy roads; 3) a wage cut would run counter to the present trend of U. S. wages; 4) the railroads' distress since October 1937 is still a short-term situation which the current improvement in business may correct; 5) therefore, the roads should drop the whole idea...
This decision naturally brought whoops from labor, groans from management. Documented by a close-packed, 75-page report, the board's findings were notable for their uncompromising viewpoint and for giving the lie direct to some of management's assertions, particularly that railroad wages were among the highest in the nation. (On the contrary, a report of the National Industrial Conference Board last week put railroad wages below utility wages but well above a composite of 25 manufacturing industries...
...Edith Jarvis Alden -whose father and two brothers were railroad men-was employed by the Chicago, Burlington & Quincy R. R. to sell Liberty Bonds to employes. While peddling bonds she learned shorthand, after the War stayed on with the railroad as a stenographer. Last week the directors of Burlington, now fifth largest U. S. railroad (in revenue), gathered at No. 1 Wall Street, Manhattan, made Mrs. Alden secretary and assistant treasurer. She is the first woman ever elected to a high executive position in a major U. S. railroad. Last week, as she moved into her new office, her first...