The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-02-07
THERE WILL BE NO STRIKE.
Railroads Accede to Demands Of
Trainmen.

The strike which seemed imminent on
the Missouri Pacific system, and which
later would certainly tie up every line
in the southwest, was settled in St. Louis
lest night by the agreement Of all the
roads in the southwest agreeing to abide
by the settlement which the Missouri,
Kansas and Texas made with their en-
ployes.
The Missouri, Kansas and Texas Off
Gals came to an agreement with their
employees yesterday afternoon The
freight men are to receive an advance
OF Is per cent and the passenger men an
advance of u per cent. The trainmen
asked for an advance of 20 per cent and
the railroads at first Offered 10 per cent
and then advanced in small amounts.
Finally an ultimatum was issued, giving
Until noon today when the railroads were
to acceed to or reject the demands. Con-
ferences We're held all day yesterday and
the railroad men decided to accept the
compromise.
The following is dispatch received last
night:
General Manager Allen of the Missouri,
Kansas and Texas railway. stated this
afternoon that the differences between
his company and the rrainmen had been
settled ard that there would be no strike.
Grand Master MorriSSey of the trainmen
and Assistant Chief Garretson, of the
conductors. after the conference with
the Missouri, Kansas ana Texas officials.
said: Our demands were conceded. The
freight men get an advance of Is per
cent and the passenger men u.
There is an understanding between
the other four roads to which similar
demands were made that whatever the
Missouri, Kansas and Texas did. would
70. mt Cd f,l1i h. hacf-
which a general settlement with their
employees Will be made, thus averting a
strike
Grand Master Morrissey, of the train
men, and Assistant Chief Garretson, of
the conductors, have issued a statement
to the public They say that the men
had voted for an increase of pay to 20
per cent and with that authority at their
back a concession was made, the greatest
that has ever been made by men SINH
larly situated. This concession was
reduction of the demand to 10 per cent.
The Missouri Pacific made an offer Of
IL % per cent increase and the NJ. X. &
I. of liz. The negotiations have been
going on twenty-four days. During that
time says the address, I'VE have heard
much of the effect the granting of the
increase asked would have on the finan-
cial future of the railways, but il is
worth the careful consideration OF those
handling the properties what effect a re-
fusal is going to have on the stock avlues
of the properties involved.
We are not altogether ignorant of
the fact that the effect of refusal will
cause shrinkage OF values in railway
securities in one day that will more than
equal the amount necessary 10 meet the
increased cost of operation involved for
period of years and that If it should
embrace any great extent OF mileage Wall
Street viii be the proper place to con-
suit the financial barometer and an OBJ
stfnate refusal NAV serve as the best cor
receive thai has yet been found for the
policy of consolidation that has been so
popular of late and for which legal
remedy has been vainly sought.
From first TO last we have given full
consideration of the rights of others and
of the public, but we cannot accept the
findings that all the obligations lies on
Us to conserve the interests of both the
properties interested and the public ut
the expense of our own. and we propose
that others shall bear their share of the
''whiteman's burden"
THE stupenduous interests involved in
the Missouri Kansas and Texas settle
ment have not been fully realized. Be
sides affecting the four other southwest
roads, the Missouri Paclnc. iron NOUN
tain Frisco and Cotton Belt. II VIII be
the key note to the settlement Of wage
grievances on every road west of the Mis-
sissirpi river Committees are now wait
ing at the headquarters OF the Burling-
ton. the Great Northern and all the west
ern and northern roads. TO follow the ac-
ton In st. Louis.
The katys settlement will be the basis
eff settlement on all these roads by agree
ment already entered into between the
roads and the men,