Word: wage
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Dates: during 1920-1929
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...Railroad Wages. Consonant with the recent wage increases by the New York Central and the B.&O., the Pennsylvania last week advanced the pay of 43,000 shop craftsmen (mechanics, helpers, apprentices) 3? an hour to a basis of 76? an hour. The raise will cost the Pennsylvania $3,219,840 yearly...
...Government by injunction must cease if government by law is to function unchallenged. The way equity courts have used injunctions in industrial disputes has created in the minds of wage earners a general distrust of our courts. Equity courts are without authority, constitutional or statutory, to interfere with or infringe upon government...
...strike. Premier Baldwin declared before the Commons that his Government had come virtually to the end of its powers of mediation in the strike. He indicated that if the miners would return to work on a regional agreement basis the Government would undertake to set up a national wage arbitration board. Chancellor of the Exchequer Winston Churchill appeared still piqued at the mine owners' refusal to accept the plan for settling the coal strike "on principles nationally laid down," which he evolved while Premier Baldwin was on his vacation (TIME, Sept. 20). Said the Chancellor testily, almost petulantly last...
...plan for industrial peace here to be described has already proven workable. ... P. R. T. (Philadelphia Rapid Transit Co.) in 1911 was not financially able to pay its trainmen more than the wage rate theretofore secured through arbitration, and against which the men were in open rebellion. The payment of this rate in 1910 had consumed about 22% of the gross passenger earnings. The new agreement, which we then made, provided that out of every dollar taken in, these men should receive 22 cents, so that as the owners secured advantage by the increased business obtained through joint effort...
...equal one-half present labor cost. If, as a condition of this co-operative effort, proportionate shares of the resultant added profits were reflected in lower rates to the public, in added profits to the owners, and a fair participation to the employes, the men, by investing this added wage en bloc through their trustees, could within ten years acquire by purchase in the open market a controlling interest in the railroads by which they are employed...