The Forest Republican. [volume] (Tionesta, Pa.) 1869-1952, 1902-03-12
TO PENSION EMPLOYEES.
System to Be Inaugurated On
Metropolitan Street Railway.

! 'NNN FNhNNhN wv SO'S
President Vreeland of the Metro
politan Street Railway company of
New York has caused to be posted
in the barn, stables and power houses
of the system in Manhattan, a notice
10 all employees, announcing the estab-
lishment Of a pension system for the
superannuated employees of the COM
pany. This, says Mr.. Vreeland. is the
first pension system ever established
fer street railway employees and is the
final step in the plan inaugurated by
him when he took charge Of the Met
ropoltan for steadying and elevating
the status Of its $1,000 employees.
The pension system will go into
effect on or before July l, aud is for
| the benefit of the superannuated en-
ployes whose annual maximum wages
have not exceeded $1,000 a year, and
| 1t provides for voluntary and involun.
tary retirement of all employees so In
| cluded, between the ages of 65 and
40, after 25 years service in the COM
pany or any of its constituent com
panieh. Employees benefited by the
system will be of two classes: First,
employees who have attained the age
of 20 years who have been continuous
ly in service for 25 years or more. pre-
ceding such date of maturity, and sec
ond, all employees from 60 to 60 years
of age who have been % years or more
in such service who, in the opinion
of the trustees of pension, have be-
come physically disqualified.
The pension allowance to such re-
tired employees shall be upon the fol-
lowing basis:
A-lf service has been continuous
for 35 years or more, 80 per cent OF
the average annual wages for the 10
previous years.
B-If service has been continuous
for 80 years 80 per cent of the average
annual wages for the 10 previous
years.
C-lf service has been continuous
for 25 years 25 per cent of the average
annual wages for the 10 previous
years.
The fund from which payments will
be made will be appropriated each year
by the company and employees will not
be required TO contribute to II.
Increasing Wheat Exports.
Bradstreets report for week says:
Spring trade increases, despite seri- !
Gus Interruptions caused by floods, !
snow storms, interrupted telegraphic |
and mail facilities ard crippled rail- !
roads. Western and Northwestern
adyices are relatively the best re-
coived, and here dry goods, millinery.
clothing and kindred lines of spring |
goods are most active. AT leading |
Eastern markets textiles have felt the |
Quickening demand and prices have |
strengthened in many lines. The |
strength Of textiles generally, but of /
Gotten and cotton goods particularly.
is. in fact, second only to the strength
displayed IN iron and steel.
The boot and shoe and leather trades
are exceptions TO the more or less
general activity in other lines. Ship
ments from eastern markets are slight
ly larger for the week and 9 per cent
ahead Of last year, but new demand
is quiet and leather shares the dull
ness.
Wheat, including -four exports for
the week aggregate 4.095.944 bushels.
against S.234,5l0 bushels last week
and i.29952S bushels in this week
last year
Wheat exports July 1, 1901, to date
(3G weeks) aggregate 1S4.262.37
bushels against 137,47S.2O6 bushels
last season.
Corn exports aggregate 1852, ,406 bush.
els against 312,G64 bushels last week
and 3,956137 bushels last year. July
/, 1901, to date corn exports are 2S.-
471.660 bushels against 134.531, 1886
bushels last season.
Business failures for the week num-
Der 11S against 2O4 last week. 2OS
In this week last year, 1S9 in 1900. III
in 1899 and 247 in 1898.
canards Of lnsurgent Leaders.
a mail just received in Washington
from the Philippines shows that the
insurgent leaders are resorting to all
kinds Of deceptions and subterfuges
to retain control. One insurgent COM
mander recently issued a proclama-
ton saying: Now is the time to strike
a decisive blow for Filipino independ-
ence," and adding: The United States
is in the midst of bloody civil war.
The coal miners of Pennsylvania have
risen against the government and at
Chicago great battle was fought in
which 1000 regular soldiers were
killed. An army of anti-imperialists is
besiesing Washington. Roosevelt will
be deposed and DR.. Bryan proclaimed
president by the Democrats on the
4th Of March next"
Within u month, II was asserted.
Russia would declare war against the
United States and a Russian fleet that
already had arrived at Cavite would
sink all the American ships. even as
Dewey had destroyed the armada OF
the Spanish in 1898.
SO eSen II the outlook in their i'm.
mediate vicinity should appear TO be
almost hopeless, the letter declared.
1t always must be remembered that the
Insurgents were winning great victor.
les in other places so no one should
be discouraged.
Prince Visited 10 States.
Prince Henry OF Prussia has com
pleted his tour and is once more
IN New York. He was absent
from the city for nine days dufng
which time mis- special train was with