Evening star., 1921-10-27
The Chesapeake and Ohio Railway Company
The Chesapeake and Ohio Railway Company of Indiana
The Chesapeake and Ohio Northern Railway Company
OFFICE OF THE PRESIDENT

An outstanding feature Of the Transportation tat
it is en1oined upon the interstate Commerce Commission
setting system Of rates which, II in the judgment
ments viii insure March, less than 5 upon
valuation Of the properties Of the railroads. to be
Commission deems it necessary it is to allow additional
oneh Of cent to provide for additions and
81 but as condition precedent and opera
ton must be had according the law There 10
sion only attempt bring percentage
cep they honestly and fail because Of business
ditions changing necessary part
Nobody has to make good any deficiencies railroads
Insofar this Company concerned has fallen far short
Of earning 60 since effect which Sep
tember 1s 1920 as to this particular
efficient operation demands that only such a
change in must be made by the railroads just has
made in but such change only be
Labor Board Surely the their protection
against aggression such they these provisions
Of the law the deem reasonable and fair that they
should receive in wages future the
law protects them in obtaining what due them evidenced
in the case of Decision No. 2, issued July. 1920.
Persistent effort has recently been made the of
shippers and others bring about reduction in freight
rates railroads have this situation and de-
temned concusivey themselves that such reduction only
from reduction in Any other method only
disastrous results insofar railroads
which results will also be disastrous employees of
the railroads The stock argument is that the volume OF
business will increased by lowering Of that the
relief for the roads will from such increased business
The railroads convinced after exhaustive investigation
that the volume increase because the stua
ton is the result Of due to the and
essenng in business caused by that readsmen and
freight Surely railroads could expected
take the action of lowering freight rates they felt that
such additional business could be produced would be
good business proposition to do This does not mean
that rates should be lowered the contrary there have
been rates lowered and there will be time
which will be found to lower account Of
their effect in stagnatng business but they must all be in
vesgated and had that they really
and advisable and will produce the desired results
This is all before that realize first the
effort that Is being made to reduce freight rates.
and second that that the principal
obtain the low rates the demand is by reducing
after orderly before the constituted body
Surely you protected in this
the facts stated herein true and the opin
given my knowledge and belief this
for heatng before taking the important step Of seveItng
your connection with the Company which strike entails.
all the concerned at the development Of this suA
because Of its possible interference with plans which
have formed looking towards mutual benefit be brought
about by closer afiaton between and your Company
which had expected to base upon strong foundation OF
mutual confidence and esteem believe that the future of
the railroads lies In this closer union between epOye and
employer and had confidently counted achieving
suits disproporonate the effort required
produce such desirable status. ask you therefore,
iousy ponder the situation and weigh well your action
before coming to conclusion When have considered
feel that mature judgment win reach the conclusion
strike along such lines Il absolutely untenabe and
possibly be the Of benefit to those involved -
the working the Chesapeake and Ohio Railway many
whom have spent long in its service will not feel
loyalty mpes them decline to join in such issue
particularly because of the fact that must
all must share in that readusment including employees
officers stockholders and participating In the man
agement and operation Of the Company.
OF II leave the service must comply
the legal which rests Of operating the
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