davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30
NO q. P. HOLDING CO.,
Plans for Such. Denied Officials
May Be Changed.

A. the Office OF Kuhn. Loeb & Co. denial
80 made yesterday that plans were being con-
$3.50 for the formation OF a holding company
= .a,,e over the securities owned by the Union
,,o,sc Railroad Company. This rumor and an
t,.r .hat MI Hartman would soon resign as
,.ost6ant OF the company were circulated
,E,.-,,,onout Wall Street when the stock Of the
,ov,nanv began 10 move TO higher level. de-
rite the fact that the movement in the stock
.s7resented nothing more than pool manipula-
don.
Mr. Hartman refused TO make any comment
Al, the report that he intended 10 resign, but an
i1terest close to the Union Pacific company said
g,,a. there might be some changes in the official
,,ske-up Of the property's management in the
course o. the current year. There was a con-
gsrenee at Mr.. Harriman's Office yesterday
among Mr. Hartman. Mr.. Schiff. of Kuhn,
Foeh & Co, and counsel for the Union Pacific
.ompanv but no announcement was made.
In view Of the disastrous career OF the North
arm Securities Company the possibility of the
Union Pacific organizing a securities holding
eonpaiIy is not seriously considered in we'll In
formed Street quarters. Yet in Saturdays out
d6e market bid was made at $50 share for
any amount up TO ten thousand shares for GER
naoates when issued Of the talked OF Union
Pacific holding company. holding company
treated out Of the collateral assets Of the Union
Pacific would make one Of the greatest financial
institutions in the world. as its holdings even
AZ present low prices would amount to more
khan S2400O0000. Interests who insist that
there VIII be a holding company despite all de-
malls say the plan cOntemplates cstitalizing the
company az an amount equal to the common
stock capitalization Of the Union Pacific, which
yould give each share Of the common one share
N the holding company. Each share in the lat
ter would represent assets at the present mar
ket prices Of about SD.
Union Pacific receives IN dividends at the
current rate paid s12,761.722 year from its in
Festments in other companies equal 10 6ia per
sent on Sl95 100000 common stock. 1t would
require big slashing in dividends on the part
II the railroad companies in question before the
{ per cent dividend on Union Pacific common
.rom its investment holdings could be jeopar-
gized.
The above figure Of s12761,722 does not meas
are the total of the 'Other income" Of the Union
Pacific About $500 900 should be added TO Il on
account of rents; last year s2.2s7, 900 was re-
seived as interest on loans and open accounts.
This item should be materially less this year.
Furthermore. the Union Pacific owns bonds in
foreign companies Of par value OF S1S,s49, 200
and stocks other than those mentioned above Of
z par value Of many millions more. On account
81 those securities interest and dividends
amounting 10 about $4,000 annually are paid.
The total of other income is well in excess OF
sl4.O00O00.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30
Rim IN WHEAT BELT.
Long Southeast Drouth Broken.

Kansas City. Mo-. April ga combination OF
snow. sleet and rain reported this morning
IN this part of the Southwest with freezing wealth
or prevailing from the Nebraska line to Texas.
The storm ended drOuth Of two months in Kan
sas and greatly benefited the wheat crop. which
was In dire need of moisture. Predictions now are
for 100000 bushel crop
There was a fall of snow at Concordia, Kan,
following rain: sleet at Baker Kan, and a
heavy rain at Wichita, with furry OF snow in
Northwestern Missouri. The temperature at Dodge
City, Kan. 80. and in the Panhandle dis
trict &C. There a heavy fall of rain last night
in Western Missouri and also generally through
Kansas and Oklahoma.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30

ATTENDANT AND NURSERY young
Irish Catholic girl, 20 invalid: has some
hospital training; competent IN nervous
cases Winthrop Bureau. IS ". BSth.
Phone 1892 3Sth.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30

NEW JERSEY CENTRAL.

NEW JERSEY CENTRAL
Time shown below IS from Liberty s. Sta-
ton Leave West sd ST. 10 minutes Garner
except as noted by designating marks Is, IN
EVERY HOUR on THE HOUR
{"12l5. ESQ., MILO. msSOO. $50. e90O.
1000 -iI0o: 11-so. m'i2S0: 'l-S ~
m'6oo. 100. 800. 1900 p1O.sO P. NJ
BALTIMoREs' AND wAsH1NGToN-zs1s 80
$50 $50 1.19O0. i'12O0 $780, fI'AOO'
LiKEWOOD AND I.AKEHURsT-z4.O0.
40 A NJ. x1OO. $50. k3.40. d4- 10. 9-VV
r, N, ~ Is. sundays, $50. eco A n 20
ATLANTIC C1TY-sB.4O A. NJ. x1O0. h3-4O
LONG BRANCH. AsBURY PARK. OCEAN
GROVE Sundays. No Asbury ParD--
zoo $50. ll;3O A. NJ. ex12 40 ~:
Ocean Grove. z4.OO 900 a. A.. AGO. $50
Time tables giving trains to EAsToN.
CHUNK. WILKESBARRE. SCRANTON.
READING HARRISBURG. POTTSNILLE.
WlLLAMSPORT and all other points can
De obtained at the following Offices; LIB
Aston House. 245. asa. 1850. 1855 Brood
way. 1s5 5th Av.. 2S1 5th Av.. o Union
Square West, 279S Sd Av.. 100 West 126th
ST., 2+5 Columbus Az, New York; Court
brooklyn: $50 broadway. Williamsburg.
New York Transfer Co. calls for and checks
baggage to destination
"Daf!y. tDatly. except Sunday. pSundays.
tPaTlor cars only. mDining car. except
Sundays. xSaturdays only. zLIberty 81.
only. dining car Sundays HDining car
daily. From West Twenty-thiTd street
80 r. NJ g4,S0 7; NJ. tll.5O =. NJ
". c. BEsLER w. C. HOPE.
Vice-Pres. & Gen. Mgr. Gen Pass'r Agent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30

RnontgSmery' schOharie. Schenectady. Albany ana
The capital stock is $4,000, and the directors
q5e halph u: Gillett, Henry W. Ely and Archie D.
3 sL PIttsneld; Franklin Weston of Dalton; Harry
w. BoWman and Fred 7. Ley. OF Springfield: Jo-
SSPn u Skinner, OF HolyOke: James H. Caldwell, Of
Sb5oy: John J. Whipple. of BrOckton. and James F.
shaw. OF Manchester. ali being Massachusetts men
except Mr. Caldwell Mr.. Glllett subscribes for
sts w. or more than one-ahlf OF the capital stock
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30
FOR NEW RAILROAD ACROSS STATE
Buffalo, Rochester & Eastern Incorporated
to Connect Lake Erie and Troy.

Albany, April 2s.-The Buffalo, Rochester & East
eTn Railroad Company formed 20 operate a stand
ard gauge railroad by steam. electricity or gaso-
iene from Buffalo 10 Rochester, and thence TO
Troy. a distance OF three hundred miles fled In
corporation papers to-day with the Secretary OF
State The principal ONCE OF the road is be IN
Rochester. and the line Is 70 pass through the
counties OF EEte, Genesee, Orleans. Monroe, Wayne
Cayuga, Onondaga, Madison, Oneida, Herkimer
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30

Soy, 10. Christian: IN brokers' Office or
large concern where he can advance him
feh; best references. Fred Schultz. 2558
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30
OLD GOLD AND SILVER

OLD GOLD, silver and precious stones
bought az highest market value; made
into new articles or exchange for new lew
elry or Japanese goods at ~. II. Tepner's
Factory. 10 West 31st ST.. basement
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30
SUMMER CRUISES

DURING JUNE. JULY AND AUGUST.
to the Norwegian FjOrds. North
Cape. SPitzbergen, Iceland and Eu-
rOpean seaside resorts. Send for
programme.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30

CARETAKER.-By Swedish couple % take
care OF house for the summer; willing
TO cook: best references. Address +. Nell
son. s24 E. 5Oth 50.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30

N. Y. N. H. & HARTFORD r.. r.
Trains depart from Grand Central station,
42d 81. and +th Ave. as follows for
Boston via New London & Prov.-tts 90.
- 1901. OK 800. Il 500. q 500.
ell2:O0 P. NJ: via Willimantic-4S9:0 A
NJ. 1900 p. NJ: via Spfd. "A a. NJ,
y 1900. 400. "l1:O0 P NJ
Wor' & Fitch. via Putnam. 1873 P NJ.
Lakeyilie q Norf--ts 40 A. NJ; 1881 P NJ
CT harrington. Stockbrfdge, Leuox, Pitts
feld.-t4:54. fS:49 A. n ard 70 81 p NJ
Ticket Offices at cGTand Central station
and c125th ST. also at GAS. 1900 c1354
b way, c25 Union Square. clS2 Fifth Ave.
c245 Columbus Ave. c639 Madison Ave-
clos W. 125th St. 27s9 Third Ave- In
Brooklyn. ca Court ST.. 40 NOstrand Ave.
$50 b way.
sDaily. tExoept Sundays. gStops at 125th
81. XStops at 125th 81. Sundays only.
tParlor Car Limited HAS dining car.
oParlOr and Sleeping Car tickets also.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30

AMERICAN LINE F T2ii3sP e ' IS \ 4 z.
PLYMOUTH CFIERB'G i-SOUTHA1IPTON
CELTIC (2O.90@ tons) 1900. May 4. II A ~,
ST. PAUL .............. June J. June =
NEW York. May II, June y July .
ST. LOUIS. ...... May Is. June -, July y
PHlLADELPHIA-SIa May .. June p. July -
RED STAR LINE from r. y FER R
NEW YORK-DOVER-
KROONI4AND May .. 1O:3OAM; June !. ID
VADERLAND- May Il. &:9OPMi June S. July6
FINLAND May Is, S,3OAA; June u. July 2
IRELAND May .. 2;3OPAi; June %. July e
WHITE STAR LINZ E5oN y Fer H
NEW York; ACKNOWLEDGEMENTS
TEUTONIC. Nav 1. 10 AM.
4lsst OF .--.. .s-.JulJ =
BALTIC. May 5. 3 PM: June "A: July n
MAJESTIC May 10. 10 AM.
CEDRIC. May II. $50 An. June 20. July IS
PLYMOUTH CHER ti-SCUTHAWPTN
CELTIC May 4. II A0Ilf from Pier 10. NFli
tfADftIAIIC- May -. June 10
IEll ItlNIC- ---..-.- May -, June 81
CEANlC-----. June 3. July 81
New. 5000 tons; has Elevator,
Gymnasium, Turkish Baths and Band.
TIE T2 MEDITERRANEAN ~ VA
FROM NEW YORK
CISETlC. May o. Noon; June 20. Aug.
hOMANIC-- 1000. July - p. NJ.
FROM BOSTON
CAN1EIC-----M May Is. go P NJ June %
fNOlA-A-NlC., June s. . a. II.
PASSENGER OFFICE. 8 BROADWAY
Freight Office. Whitehall Bldg. Battery Pl.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30
BALTIMORE & OHIO R. R.
Throueh DnlIv Trains to the West.

IuIUush DHIIy IIaIiIs Q nc Wesy-
Leave New York City. 23d st. Lib'y 81
CHICAGO, PITTSBURG, $50 am 500 am
CHICAGO, COLUMBUS, 11.5O am IL. 90 nm
PITTSBCRG. CLEVEL'D. $50 pm AGO pm
''PITTSBURG LIMIT d. $50 pm 100 pm
GIN. ST. LOUIS IOT'ISV. II. so pm so am
GIN. ST LOUIS. LOCISV., $50 am 10. 90 am
GIN, T.IOUIS, LOUISV.. $50 pm so pm
Offices: 245. 434. 1900 Broadway. AstCF
". 391 Grand ST. y. V: 343 Fulton St.
Brooklyn: West sd ST. and Liberty 81
After D. m. Sleeping Car Reservations
and full information regarding trains. etc,
can be obtained at Bureau OF Information.
y o. r. r. 23d st. Terminal Phone
No. Chelsea STA
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30
TOURIST BUREAU.

TOURIST BUREAU.
r. r. Tickets. hotel accOmmc dlations ana
general information about foreign travel
Travellers checks good al! over the Wo14e-
OFFICE 81 BROADWAY, n. T.
Phone 1900 Rector. Piers. HobOEen.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30

CARETAFSER Of house by respectable
German woman: arst class cook: best
references. Write. Verderber. 21T E Goth st.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30

CHAMRERAiAID- Sewing: neat. tidv. hes,
references; city OF country; wages SIS
TO $50. Fiaherty's Bureau. ass Columbus
ave. Tel. al River.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30

EUROPE--Busy mans tour only $40.
Apply at once. Other tours 500 ana N,
Rev. l. d. TEMPLE. Waterfowl. Mass
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30
HAMBURG-AWERTCAN LINE.

TWIN SCREW EXPRESS AND RASSES-
GER SERVICE
PlymOuth-Cherb OurS-HamourS
sD'chFd. Apr. 81, $50 AN Waldersae. May -
Patricia. May 4. 1890 An sAmeFika- 1lay -
sFIuecher MAJ q g PA Pennsyi' Ia. May .
sEaiserin. May l6. 8 AN Cd tschf d-Alay ~
sAmOn~ sDeciaI features OF these vessels
are: Grill Room. Gymnasium. Pain 80
den, Ritz-CaritOn Restaurant LieNAloIA
Electric Baths.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30
DoarEsrIC SITUATIONS WANTED.

IRONING. CLEANING.
German woman; out By the day; Sl.s0
I3alint. SOS East 18th ST.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30
Ia yELocE- East italian Iaaa

MALLORY STEAMSHIP co,
Tickets to Texas Colorado. Mexico. Nav
Nlexico Arizona California. Georgia FIor-
ia Alabama. etc. ALL OCEAN ROUTE
To MIAMI. PALM BEACH. Fla, etc. (via
Kew West). Our booklet Pocket CIl4e's
Tree II. II. RAYMOND. Gen Mgr. So
south St. y. y.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30
GWMARm llMES

VI w uGAuQuU LuHYl5S
From Piers 51-52. North River.
TO LIVERPOOL VIA QUEENSTOWN
PASSENGERS BOOKED THROUGH To
LONDON AND PARIS.
LCCANlA May Z. 10 A. NJ
1TSTja - NO.. u ,Alay noon
Campania May IS Etruria. -. Nav 8
MISUNDERSTANDING SERVICE
TO FTCNE VIA
GIBRALTAR, NAPLES ND TRIESTE
PANNONiA- .......-.3 May 2. Noon: June 20
CARPA7TTIA Scaling also az GENOA.
3 May 16. 10 a. NJ; JuIy.4
SLANONIA.- May so. Noon; July Is
VERNON H. BROWN. GenI Agent,
LIZA State 81. Opp>site the Battery.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30
Mediterranean servIce.

TO GIBRAI.TAR-NAPL GENOA
fIIamburg. May z June IL, Aug. ~
Il MoItke. May %. July 2. Sept
sIIas Grill Room fHas Gymnasium.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30
DOMESTIC SITUATIONS WANTED.

DOMESTIC SITUATIONS WANTED.
hIale.
A JAPANESE BUTLER. Of refined ap-
pearauce; excellent references from best
families; can speak English fiuently: city
or country. Swedish Exchange. GOA 80
ave. or Tel. 4S5-3sth.
BUFFERS. WALLETS and SECOND MEN
References from leading city families. In
dustrial Association. lS West 89th 81.
BUTLER and vALET,-By young Greek;
we'll recommended: single handed; $50
P HofmayeTs Bureau, l53 West Esd ST.
Tel after 1870 a. n. 1SCz-Chelsea.
BUTLERs ana SECOND MEN. an nation
alities; tall ana OF good appearance: good
city references. Winthrop Bureau, 66
West asth at Phone 1902 ash
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-04-30

LackaWanna Railroad.
Leave N. Y, Barclay. Christopher. W. ODD
SITS
$500 a. M--For Binghamton and EImira-
1000 A. M.-FOr Buffalo, Chicago and ST.
Louis.
90 r. M.-For Buffalo and Chicago.
Loo +. M--For Scranton and Plymouth.
6-15 +. M.-For Buffalo and Chicago.
- - p. M.-FOr Buffalo. Syracuse, Ithaca.
goo A. M.-Chicago-Sleepers open $50
F. NJ
Tickets at 140. 40. I1S5. I434 Broadway.
n Y. $50 Fulton St. BROOKLYN. "Daily.
Except sunday. ELeaves Christopher 81.
8. 10 T. NJ. weekdays
The labor world. [volume] (Duluth, Minn.) 1896-current, 1907-03-30

every one of the leaders whom
know is rather anti church in his feel
ings.
"These are self-respecting men, and
they say, The church is not in SYM
pathy with u.s. They passed a reso-
luton that any minister should be ad-
mitted into their body to listen to
their discussions-not to vote, but to
meet with them. They came before
our Methodist preachers meeting with
that proposition.
What happened? Business men of
the city, Methodists, some of them,
appointed a committee to request us
not to go and visit them. The Method
dist preachers said: We are going
to go if We want to-
But the secretary Of the Fedora
ton tells me that in spite of this invi-
tation to all the churches seldom can
they find preacher interested enough
to come In. so busy! So busy!
I'VE have twenty-eight unions in
the city of st. Paul, and only three
meet on Sunday afternoon. They have
been stopped by the influence of a
few good, earnest preachers, who have
quietly and Systematically tried to
prevent that and have succeeded"
The labor world. [volume] (Duluth, Minn.) 1896-current, 1907-03-30
WHERE women TO|LERs
ARE LARGELY ENGAGED.
Trade and Industries in Which
They Compete With Men.
Some Novel Figures.
Progress the Least in Occupations
Where They Might Be Ex-
pected to Go Forward.

WASHINGTON, D. c., March 2S.-
According to statistics recently fur
nished by the Census department the
total number of women engaged in
gafnful occupations in 1900 was $780,
397. The report goes into interesting
details as to the various callings in
which this large body OF women earn
ed their bread. some of which are
unique. At the rate of increase be-
tween 1890 and 1900 there cannot be
short Of 100000 at work at present
IN various trades and occupations in
the United States Of America.
About 100000 of Americas five
million odd gainful women in 1900 were
engaged in what the census calls
agricultural pursuits. There were al
so 100 women lumbermen and RATS
men and 113 women woodchoppers.
There were more than 325.00O teachers
and but 6,418 actresses. There were
3,406 women clergymen actively en-
gagged in the religious life of many de-
nOmina tions.
Forty women were classed as civil
engineers, 80 as mechanical and elect
rical engineers and 3 as mining en-s
gineers. Incidentally, there were IL
women veterinary surgeons. There
were also 3,125 women librarians, 2,Os6
women saloonkeepers and 44O women
bartenders.
In the building trades, which would
hardly be supposed to attract wo-
man, there were 167 masons, $40 car
penters, IS plasterers, 1889 painters,
GLACIERS and varnishers, 126 plumb
ers, PAL paperhangers and skaters and
roofers. Plans were prepared by 100
architects, and $50 women entered in
to competition for the erection of
buildings. The greatest widening of
business opportunity for the sex is
found in the departments of stenog-
raphy and typewriting.
The only occupations in which wo-
men are going backward compared
with men are those in which they
might be expected to go forward
namely, sewing, tailoring and Dress
making. There were fewer seam
stresses, tailoresses and dressmakers
in proportion to the number of men
in these occupations in 1900 than there
were In 1890. Work with the needle
seems to be becoming too feminine
for women
..' On the whole, however, the Increase.
In the number of womep. ii the straa1ess
and Industries. OF America, is not on
ly satisfactory, but more than satis-s
factory. It is alarming. The num-
Der of women at work increased SO
per cent during the decade. In that
period the total number of women in
the United States increased only %
per cent. In other words, the number
of women at work increased half as
fast again as the total number Of all
the women in the country Roughly
speaking, it may be said that, while
in 1890 one woman in every six went
to work, in 1900 the proportion had
increased to one in every five.
The labor world. [volume] (Duluth, Minn.) 1896-current, 1907-03-30
.E|GAT-HQUR MOVEMENT
STARTED IN AUSTRIA
In 1856 Agitation Began For the
Shorter Work-Day With
Much Success.
Movement Was Inaugurated in
United States in 1857 in
Connecticut.

The agitation for an eight-hour dav
began in this country soon after it's
inauguration in Austria in 1856, In
1857 Connecticut made it a legal dav
In the absence of any agreement to
the contrary, and during the same year
congress established the etght-hour
day for it's mechanics and per diem
employees. In 1886 there were 286
strikes in New York for the reduction
of hours. Ma1ly were successful in
securing either the eight or nine-hour
day without strike. In 1890 the
Brotherhood Of Carpenters, backed by
the American Federation of Labor, won
their demand for an eight-hour dav
IN New York and in thirty-five other
cities throughout the United States.
The Brotherhood also obtained the
nine-hour day in 240 other cities and
towns.
The establishment Of the eight-hour
day In many of the industries has
been one continuous Struggle against
adverse conditions that at times dis
couraged and disheartened the lead
ers in the fight. 1t has not been secur-
ed in many trades, but those who do
not enjoy it must remember that it
was not until 1926 that strikes were
begun for ten-hour day, by the build
ing trades in the shipyards. In 1885
the ten-hour day was established in
Baltimore, and presidential order in
1910 made it rule in the government
navy yards. In 1851 the masons and
carpenters won their fight for the ten
hour day in many cities throughout
the country.
The labor world. [volume] (Duluth, Minn.) 1896-current, 1907-03-30
GROWING fALLACY 0F
ANT|-UN|0N CAMPAIGN
Frederick E. Martin Contributes
a Timely Article on the
Subject.
Freedom Of Contract Contention
of Open Shop Advocates
Ably Punctured.

Mr.. Frederick e. Martin. in a recent
number Of Smiths Magazine. contrib
utes an article on '"The Defense of
Unions that is so timely and to the
point as to make comment by us en-
tirely unnecessary. He says:
The crowning fallacy Of the anti
union literary campaign is the conten-
ton made for freedom Of contract
To the average American mind these
words have a glorious ring. Some Of
the arguments advanced under this
head have been plausible, but they
should not for a moment deceive the
thinking. A contrast pre-supposes the
equality OF the parties thereto. This
is so thoroughly recognized that to
show that any condition in contract
as obtained under duress will annul
it in a court Of equity.
What now is the position Of an or
dinary non-union printer looking for a
job? The employer owns the types
and machinery; the printer has only
his brain and the dexterous fingers.
The employer offers him certain
wage-smaller than he pays to any
one else, but he knows this mans
necessities are so great that he will
accept most any terms; besides, busi-
ness ethics advise buying as cheaply
as possible; and to him a working
man is a commodity. The man Is free
to accept a wage at which his sense OF
justice rebels, or to decline it and
starve! This is typical, and If it is
not an agreement under duress, then I
do not comprehend the term.
"On the other hand, let us examine
the collective bargain made by virtue
Of the union. The representative Of
the union meets the employer or his
agent: each knows thoroughly his own
resources, and in q general way the
limitations Of the. other: All the SUR
rounding circumstances are weighed
and enter into the agreement, and the
conclusion arrived at is baaed on
business principles, and is undoubt-
edly as nearly equitable as may be-
under present conditions. This 10 the
true freedom Of contract =