The Chanute times. [volume] (Chanute, Kan.) 1897-1913, 1907-01-18
RoTECTloN's FAT YEAR
age Farmers Get Hundreds of
Millions of Increased Pay
from Prosperous
Employers

W York Sun, December 26, 1906.
A 4 glance at the financial records
the daily newspapers for the last
\ ) months furnishes pretty good
4 dence that yesterday was good
\ rlstmas for the average American
fkingtnaa.
\ There has in the last quarter of a
y r been added to the wages of
filroad employees alone about
\ 90, 900, 900. Nearly allthe roads
the East have announced in
4 easAof from S to 10 per cent in
E wages of most of their employ
\ 5, and many of the lines in the
I est and South have followed suit.
| The industrial corporations have
4 It pace with the increases made
| the carriers, the advances in the
! 81 and textile industries being
,ecially noticeable. The wages
F, d by the textile mills in Rhode
md and Massachusetts, for in
nee, are the highest ever paid in
industry, and at the same time
A statements of the companies
wv the largest distribution Of divi-
N IDS in recent years. The United
II ates census for 1900 estimates the
cunt paid out in wages by manu-
4 turers in that year at S2,339,o23,-
4 (. A 10 per cent increase in
ges on basis of figures compiled
or seven years ago would bring
4 samount into the hundreds of
\ .lions.
Qne of the most important in.
reIases made IN the last few weeks
a$ that of the Pennsylvania Rail
.oald. The officials of that road
ave adj of the employees on the
ystem east and west of Pittsburgh
Shoj were receiving less than 5000
lopth gaise of 10 per cent. This
fleets I85 900 men and involvers
ae annual outlay of Sra, 1000, 900,
,he came cIass-of employees got an
'dyance of 10 per cent in 1902,
hich makes an increase of 20 per
snt in four years. Besides this
ne company made readjustment
{ salaries which affected 1858 men
nd involved the expenditure of an
iditional S3o,733 month, or
39S,796 year.
The New York Central, the Dela.
are, Lackawanna & Western, the
,ohg Island and most of the other
'ig Eastern roads followed the ex
mple of the Pennsylvania,
The United States Steel Corpora
on announced as its Christmas
II to employees an increase of 10
ants a day 20 all common laborels
II the plants of the subsidiary COM
snies. About 70, 900 men are
assed as general laborers in the
Operations employ. This in
ease came to men unsolicited, and
pn and steel men understood that
was substantial recognition by
eaB Board of Directors of the loyalty
the men through year in which
cry department of the industry
SIDeen run at the maximum and
oder 4Rnditions that have taxed
spowtrs of all hands from top to
tom. In the depression of the
n and steel trade in 1903 the cor.
ration did not make any consid-
lble reduction in wages.
Besides voting the increase the
ectors of the United States Steel
rporation have made their usual
etto employees of allowing them
subscribe for the preferred stock |
the corporation below the market
,tation. This year the subscrip |
3 price has been set at 1903. Last
u il was at par, and Iz,a56 ell
fees took "a, 600 shares.
kmong the other steel corpora
IS which have done as the United
les mas .one is the Illinois Steel
apany The raise there affected
700 men ana amounted to $500,
4. YEAR