Omaha daily bee., 1903-02-07
STRIKE AVERTED
Katy srants Demands Made By Trainmen
and CONDUCTOR
OTHER ROADS TO SETTLE ON SAME BASIS
Agreement Reached whereby Ar
ranEement Signed Today Binds All
Other Western Lines to Ratify
similar Peace Treaties.

ST. LOUIS, Feb. 6-General Manager Al
len Of the Missouri, Kansas & Texas rail
way stated this afternoon that the differ
ences between bis company and the train
men had been settled and that there would
be no STRIFE ..-
Grand Master Morrissey Of the trafnmen
and Grand Assistant Chief Carrettson Of
the conductors, after the conference with
the Missouri, Kansas & Texas officials said:
Our demands were conceded. The freight
men get an advance of 10 per cent and the
passenger men OF u per cent.
There Is an understanding between the
other four roads. to which similar demands
were made, that whatever the Missouri.
Kansas & Texas should decide would be ac-
as indicating the basis on which a
general settlement with the employees will
be. made, tC avert a strike.
Besides affecting these four other south
west roads, it VIII be the keynote to the
settlement of wage grievances on every
road west OF the Mississippi river. Com
mittees are now waiting at the headquar-
tiers Of the Burlington, the Great North
ern and all the other western and northern
roads, to follow the action in st. Louis.
The "Katy's" settlement will be the ba-
sis Of settlement on all these roads by
agreement already entered into by the
roads and the men.
Allen Takes Tn Dispute.
Mr.. Allen had his office in the
Missouri, Kansas & Texas headquar-
ters in the Wainwright building today. He
at once went into executive session with
Superintendent Maxwell, who had
in hand until the general managers return
the ultimatum OF the 1000 trainmen and
conductors of the road for an increase Of
wages, amounting to Is per cent.
1t was stated that all the steps taken and
all the facts bearing on the situation were
being gone over carefully, a report which
was borne out later when the settlement
officially announced.
Just before General Manager Harding OF
the Missouri Pacific went home last even
ing the Missouri Pacific grievance COM
waited on Mr.. Harding with an ulti-
matum demanding Is per cent.
President Ramsey, who is west, is ex-
pected here to confer over demands made
on the Wabash.
Grand Master Morrissey of the trainmen
and Assistant Chief Garrettson Of the con-
ductors issued a statement to the public be-
fore the happy ending was reached. They
say the men had voted for an increase Of
to 20 per cent, and with that authority
at their back a concession was made, the
that has been made by men SINH
larly situated.
This concession was a reduction Of the
to Is per cent. The Missouri Pa
cifc made an offer of 1875 per cent increase
and tho Missouri, Kansas & Texas one of
11h per cent.
Negotiations have been going on twenty
four days. During that time" says the
I'VE have heard much OF the effect
the granting Of the increase would have on
the financial future Of the railways, but
1t is worth the careful consideration Of
those handling the properties what effect a
refusal is going to have on the stock val
ues OF the properties concerned.
s" Eject Upon Securities.
I'VE are not altogether ignorant of the
fact that the effect Of h refusal will be to
cause a %shrinkage of values in railway Sc
%curities in one day that will more than
0nUNnI HhA ---. -