New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-04-03

OF pay Of employees VINO receive less IMAM
$500 "A month.
The management Of the United States
Steel Corporation has decided 20 make
voluntary increase in the wages OF en-
ployes in certain departments. and Will
proba bly, extend the action TO embrace al
departments. It is believed likely 70 aver
age az least 6 per cent The corporation
aggregate payroll IN 1909 represented the
colossal sum Of s151.66S 3s4. disbursed IN
wages and salaries, and an increase Of .
per cent in the compensation OF employees
would mean on that basis an additional
3. 0a9 so4 or nearly one-half of the per
cent dividend paid last year on the sos
9l2 600 common stock, which amounted to
so. go. 100
The New York Central announced that
the wages Of employees receiving a monthly
salary Of 5000 or less would be Increased Z
per cent. with a few exceptions
THE New York. New Haven & Hartford
Railroad Company filed with the Interstate
Commerce Commission schedules of in
creases in its passenger rates These ad-
vances are due TO the increases in wages
made recently 10 the company's employees
The new rates will become effective on
May l. The increases in fares range from
To 3 per cent.
Tt is the general impression among rail
road officials that all the roads will before
long make increases in their freight and
passenger rates as a result OF the move
ment now under way for increased wages
for their employees
suit in equity under the sherman anti
trust law Is to be instituted it was an
nounced. BY the Department of Justice
IL fIlr0nedn
Steamship Pool on the contention that II
IS an ARRANGEMENT in restraint Of trade
The fact that the vessels owned 10y the
steamship companies forming the pool. or
A number Of them, touch a. American ports
Is the basis for proceedings against them
under the Sherman Jaw. All the steam
ship companies involved in the proposed
proceedings are foreign organizations
James J. Hiu said the railroads must
spend s.. 900 80 0l0. or al the rats Of $780,
&c o00 a year for six years. if the country Is
20 escaDe the greatest traffic congestion in
its history
The roads ought 70 he glad" said Busy
Man. that the law viii TO longer let them
sauander that money IN rebates What
have they been doing al Washington
president Taft signed procIamations
granting the minimum rates under the
Pavne-AIdrich tariff law to Canada, Au-
straIia and several less important coun-
tries These proclamatiOns complete the
extension of minimum rates 10 the whole
world About one hundred and thirty ma
tions and dependencies are included in the
list From this time forward from % TO 50
ner cent OF the products Of the United
States will be admitted TO foreign countries
free Of duty. and Of the products which
pay a duty in foreign countries SO per cent
will be entitled 10 the minimum foreign
rates
The concessions granted by Canada in
return for our minimum rates VIII apply
to some forty articles and viii reduce the
dutv on American shipments 10 Canada
estimated by the State Department at a
YEARLY value Of 100000. These conces-
sions are on an annual export trade to
Canada Of something Ike $50 100000. and
do not At first sight appear very impor-
tant. But in the correspondence between
Secretary Knox and the Dominion Minis
ter OF Finance Mr.. Fielding, through which
on Saturday the agreement was concluded,
reference Is made 10 the speedy opening
Of negotiations looking 10 the making Of
trade treaty ou broad lines II reciprocity.
TIE President having been satisfied that
the United states ) NOT be4Iis uASti4'ii4liatSu
avainst in tariff schedules by any Of the
countries OF the world, the Treasury De
Dartaient notified customs coll sctors that
the maximum tarif rates OF tie Payne-Aid-
rich law are moi TO he applied against
imports from anywhere
.-Th- Republicans Of the House, by
solid party vote virtually repassed tie
pa,ne-Aldrich tariff bin after Reprecenta-
tive Fitzgerald. Democrat. OF New York,
l., a clever r. AIRY move. put before
tie House a motion 20 repeal the entire act
Of August = 1903 Incidenlaily the House
voted laat TIE publicity II tie corporation
TAX returns should 3D. left entirely 10 the
discretion 81 the President
oysters can no longer be fed-or, as the
trade term goes. 'hoatsd in braekish water
before h. = are offered for sale. The De-