Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1918-12-10
SCHWAB PLANS
FOR PEACE WORK
Continued from First Pagc.l

Continued from First Pagc.1
$500, 100000 by the government and
the probability of the cancellation of
S2OO,000.O0O more by the EmergeE ~
Fleet Corporation, and with the le-
lease OF enormous quantities of the
raw product. II became imperative
that immediate steps be taken for
the readjustment of the enormous
facilities of the company The rea-
sons for Schwab's resignation We. .
made known on Monday when the ar
nouncement of the cancellation OF the
huge government contracts .'as r'aiC
known.
Engaged almost entirely on war
work, steps were taken almost I'M
medately after the cessation of hos
tilities by officials of the Steelton
plant to again place some parts Of
their plant on peace work. Several
weeks ago the first rails were rolled
ny the company for a period of four
years. But much work remains 10
be done at Steelton TO bring t. plant
back to n peace basis as there does at
other plants under the control Of
Schwab. and so his resignation.
This will he the first time for years
that any quantity of iron and steel
has been available for any but war
purposes. Enormous amounts OF 1t
will be necessary to care for con-
struction work long delayed Because
of the inability to secure the neces-
sary material. and TO care for recon
Struction work. and II is to secure
some of these peace contracts that
Schwab Will first devote his attten-
tion.
In the cancellation of the war con-
tracts. the steel companies get an adj
iustment from the government for
work already done on the war con-
tracts or special plant extensions
made to accommodate the war needs
of the government Actual loss will
ne suffered only by the speculative
companies organized in a gamble on
government war contracts. Companies
nf this kind which did not do actual
government work but only spcculated
on getting war contracts, will not
be reimbursed.
But any plant which has begun
work on q contract for us or has made
monetary investment on definite au-
lhorization from US, will be compen-
stated by the Emergency Fleet Cor
pCYation. said Charles Piez, who
took chwab's place as director gem
sral OF shipping yesterday. I'VE may
luy their plants from them and
charge off the loss as a prat Of legi-
innate war loss"
Mr.. Schwab is now in Ohio on per-
sonal business. but will return to
Philadelphia. Thursday, to take for
NAL leave of the Emergency Fleet
Corporation. Edward y. Hurley,
chairman OF the shipping board, who
appealed in vain TO Mr.. Schwab TO re-
main in his position as director gen
eral of shipping. gave high praise to
Schwab for his work in the war In
a telegram to Schwab's office yester-
day, Hurley said:
You generously answered your
country's call in the time OF urgent
need. We have established a fine rec
ord Of shipbuilding achievement AMI
am personally grateful to you .1r
the patriotic sacrifices you have mad
for your country, and FOR the fine
and unselfish way in which you work
ed by my side. You can have the
knowledge in leaving that a fine or
ganiZation remains in the fleet cor
pCration 10 carry on your work.
will count on you for the aid and
solution which you can still give Us
from the outside