Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-03-04

the railroads and the employees the lamentable
consequences of general strike. involving over
fifty railroads having over 2os of the mileage
and nearly 1910 of the total Operating Revenues
and Operating Expenses OF ali tie railroads in
The United States.
Considering tile magnitude of the interests in
this Country and those Countries with wnich it
has commercial relations that would be affected
10y the interruption of railroad ilatie. and the
serious results that would ensue there from; the
stoppaSe of food supplies. fuel and other ira tlc
the Inconvenience losses and suffering to the gen.
eral public whose interest Is paramount. to
the workers In other Industries dependent on a
reliable transportation service and in no way
OF strikes to produce any permanent advan-
tages to either the employees and their families
or to the transportation companies, careful con-
sideration should be given to the recommends
tons for the amendment of the Erdman Act
which have been made from many sources in
terested in the wellbeng of the Country.
The experience arising from these larger wage
controversies places serious responsibility upOn
those whose duty it is to enact proper ieyisla-
ton governing the relations between employer
and emplOye to consider whether the Erdman
Act should not be amended TO increase the num-
her of arbitratOrs and thereby constitute a Board
OF suhcient size To properly represent the pub
lie as well as the parties to the controversy
am 10 a, m t, me Necessary far-reachnS inve
impartial determination of the equitable and
economic questions arising from such disputes.
II Will also he found necessary to provide a
longer time than thirty days specified in the
Act for the consideration of the subject and the
rendering of decision.
II may not be possible to prevent strikes or
lockouts by requiring compulsory arbitration,
but it is wise to consider whether an obliga-
tion should not be placed upon the employer
and employe to advise the authorities of the
question at issue before any lockouts or strikes
ton and inquiry the Government and the pub
lie may be fully informed of the extent of
the controversy and its causes.
The net revenue of rail operations shows an
increase of 81. 10. GO. 90.
Taxes continue to increase. the charges for
the present year exceeding those OF the previous
The tonnage for the year increased 14.52es
and tonnage mileage increased 1885,. while the
freight train mileage increased only 1885, due
to an increased train load of 2.11re.
The passengers carried increased 1.42fe with
increased passenger mileage OF GIG. while in
the face of this. the passenger train mileage in.
creased only 1.SSft due to the average number
of passengers per train increasing 4.SiTt.
In the deductions for lease OF other roads the
larger payments due to the increased rev
enue earned on Roads operated on the basis of
Net revenue.
funded debt. compared with 1911. due to
the maturity and payment May LIST. 1912. of
the River Front Railroad Company First Mort
gage Bonds: and on November 1st, 1912
of the Pennsylvania Railroad Company '3iscs
Convertible Bonds of 1902, and also to the pay
ments of principal due on Equipment Trust OBJ
legations
The Company has in contemplation many i'm
p"rtant and extensive necessary improvements.
large portion Of which should not he charged
to Capital Account. and for which the Reserve
for Additions and Betterments will be utilized
such the improvements of Broad Street Sta
ton. Philadelphia, and its approaches and ia
.cilities; improvements the Allegheny Di-
vision hereinafter referred to; the elimina tIon
OF grade crossings and elevation of tracks on
the New York Division from Colona eastward.
through the City of Railway. to Bay Way
Elizabeth and Il slight change Of line in the
City of Elizabeth. where the line has already
been elevated. 1t also contemplates the aboli-
ton of additional grade crossings in Philadel-
phia. Lancaster Lilly, Johnstown. Freeport
Williamsburg. Pittsburgh and o.her points on its
lines when the local authorities cooperate In
making the examinations. The Company also
has in contemplation the construction Of a new
doibie-track steel bridge the Allegheny
River at Kishimnetas Junction on an improved
line to take the place the present single
track bridge.
The Capital Stock was increased over the
previous year by $4,000, of which 500 90 was
issued in exchange for Fractional Convertible
Bond Receipts. and $50 for Dividend Scrip
da ted May 81. 1898.
The Funded Debt and Equipment Trust OBJ