davidaulloa/AmericanStories huggingface dataset:
Decorah-posten og ved arnen., 1921-01-04

Stcocr op til mmorcoc. 'or al Ser
intct Stc02 itul uTrc Ell 1tnQlt.
gioulc al Otair %u2 Ia0cr man brNll
81 belle l(uttcll. Crtcrat %n'clIc or
truNt nriifrr mult &Orrc MOO e
hicnmrcbaltr Halcr til. "a b0ltrttr
ioor iaa hucr i'm %llIINopc E'';r
at nIuu / E~UllC3itub hur 'rrart ~
oprr 0l@ic huloc@ Der Nu@dnoONi ~
,Mllcialmcr iuuIe@. Gcrc'ttr 'p''rr
man ,EllcmaultiOct. ser blorNt ano't
oltio ifnl bcitaa a roget Gaorctl1o
Rcitcl Al Nitcucu um0ctholotr uld'l
ia, iom man bC0it Jau, oN "a lltv,i
liza nlcn N}liif hui2 Ser tiuSt3 q
Norn1pnilun ionl SET M Glar QoH
moruc @aaroc. Wicn Sort MAC man
pao inocl Wiuooc ipilIc EHlcnritrL
No set uniccv 'or Ell ult'or prorou
Torluitclic. %ulctrrr bor man me
act iic!ocn noe puu &au0ct % "a tul
Sc icutrt (locr.
Decorah-posten og ved arnen., 1921-01-04
Sur MOB Werfckn9cr.

! &c aiitGngtc norife Siclooalc
bar n,on iom bcfienot life altio iaa
let Nbaang til Toftor % Ipotef.
Rolf blir ocrior / itor l(oItrGfnin9
benpiit til Sicnrmcfurcn. ut benne
oite fan pGre al nofiaa o%raitiit aa.
raftcr, pil mon ~ioritaa al islacnbc
5~ilbroaclic, Tom or iortalt "Siclb-
9ion" ira Ell gpob / 8aulbalen: Gn
Glbrc Some hapoc paa ell cller onoen
Woooc iaact "Tcrfciinger", % Ell
poffcr 1oa cpoaacbc bun, at oct
bolbt paa at irttc iia globioraiit.
nina / Saonocn. Den Soncn blcp
Decorah-posten og ved arnen., 1921-01-04
bporoanU laanefraterne
blep til.

Sflsnt WaanCn or o2 ioa ltTr, o.
ifient ocis Sucrilaoc or blCpcn iaa
GrllnNiat mocrlp9t iont iutct allbci
%inutcuc9clnc, hCr'fCr scr ooa ita
big llcnigbco nlcucm Nitrrnomcrrc
cnl, bporOa.i Maoncua &ratcrc oJ
Nill9bicr9c or ~opitnoct.
Scr mon bort ira millorc pG-
iultligc Gnfcltbcocr, fou bc Tor.
ificlli1c Spfattclirr hcrom lonnIca
/ ire Sopcogrllppcr.
@lTrr SppothciclL ion ocn Ct
ircmitilct al Gitrononlcl Sdcco % /
Nopcologcn tiltranOt al Ell HTfft
Sprifcrc ionn Notc, @crgcron %
Here, guar no pon, at Woanctrd-
tcrr,c gnnite iinlpcIt cr Ncitcrnc a.
mratiHc @oblcr, Scr cr briitcoc.
Siocpanos Sppothcicl, Der ior-
tTatca al astronomer ionu Sd)clllsr
% Sane, bGuocr, at Woancfrutcrrt
lr GioncabprO ira Ben Sib, "a Wao.
mems Oocriforpc nctop li2c par liiU-
let, mcbcn4 De ilorc Masicr cuOuI
ila0ia par flprcn0C. elsie ilpocu0C
DPaaier par mlbcrtnitct Sorbcna Il
icpalrbafrritcr, % S~loobel9cn bro
ia til Sibcr Nicnncnn Den ~ltipnrNt
Sforpc, Iau ocr 0aiulc0ca CT Srdtcr,
bcr l,o9ct cftcr Iallf mere cucr min
Gre i"oltnlcn i9ien.
Gulfal- @ppothcicu or bcr Tloltc
% / ti0lleCrc Sio a~lnlnocllAlt on
tognc Sorflarin0 pao Waalcfro
tcrrc. Gen git itb poa al niaic bar
rbilllftc Nlllfuilcr. Der CT @dlN !
iiCrnc Gage baubc tlcl1t ionl Slffcr'
Dcoapcutilcr icr DC glsocnoc Wtaa'cr
/ MaalcuS ,Snbrc, pao liNncnoc
Nnooc ipm Sorocua c9nc %llltoncr
rr lloierIclafonalcr Tor &c ilofhn.
rclroc WoaI or ullocr Scrolforprn.
TN 5iIbrn9cr al bcnnc Nppothc'e
par bl. a. ocll bcrsnltc M~lcranoer
Don @umbolot.
Guoclig or scr Ncolnrtnlnga.
Sbcoricr, Sticrnciilos &ppptkelcN
cucr Wctcorit.~ Sorflarin8n, ON nlnl'
| pil. lcnrr gaar no pad, al Wha'
ucilaosn paa ct 3ioapuntt, ga Den
en6ml par iorbolosuia plaitl't %
Glso, bar pGrct uoint Tor eli forlte-
li1 Ncgn al Itsrrc o. nlillorc Wteteo'
Ter. Scr nleb poloIom araft Cr opfte.
nco / ocn blsbc Waaic % Der bar
citcrlaot lis DC Spor, loln VI ltt Ter
lpn1 arotcrc. Sil ocilnc SpiattclIc
iluttcr Jig ioo o~l,icte 9(itronomcr lor;
9Rcucr % Gee.
Ger or ultiaa t%Sorflaringcr ltof
at prlqc inrclcnl. Mtcu builfcn ltul
mon rorctrGffc? Spilten CT ocl
iiatluc? Gnbucr al oern fan nlsol
% ntco gooc 8ruilOc % anlcte Nap
lie iort Stettc, iaa TaIgct lfuIoc lite
lpne3 let.
: BET aniete tpife aitrononi'tt
lioaifriit "Sirius" bar imlolert'o
oel, ira iilt Sclta9clie / oan'te Srsll'
lunoscrpeoitioncr ficllotc Natur'or-
ifer Nlireo @egncr taget Jig for at
ajsre oe io~rificul5c S%ppotbclcrS
Gonti % og pitt, at finn Den enc a.
Sc lire 1beorier, ncrnlig Ncoltprt-
ningS 5bccricn fou ltaa ior eli far
rcrc Erepc.
9i bar life @op I'll, Tiger @cgc.
Ecr,' belt at itpoc Spsrgsmaalct ira
~ % iigc, at Oct fan alorig ls'cH,
/ hucrt tSolo life paa @~runolo9 ar
Serl Siocn, ri inotil MT bar on
Maancn, Iuaoon ionl tdlrIGt
cruftc ,Sorifcrc pnbcr at pna'tal.
Vtco al tilitrGffclia Nsia9ttgb'5
ficrncr vi Wauncna 1opogrdIL %
ii bar oglon tilitrrffellst bcgrlllt.
acoc. ON cro naturligpiS til Ell pt3
8roo bnpotbctiifc Surcitiain9rr ON.
al hpao 9lrt oct Wtotcrialc CT, 'olll
banner Wiaunclls Spcrflaoc.
Decorah-posten og ved arnen., 1921-01-04
, Sro1c. Senl,c iorbalticnot

lens 5ronc. Senlc iorbauicnoc
Stsrrelic aftog imiolcrtiO citcrboan
Den, ocla iom Stroi ior hans 5uno
% oela paa @rl,no al Sor8 opcr
Ibcls 600. &poo Gpn ullNaar fam
man farife lutte iiN til henDca Strr.
rclic al hcrloca @rop / S0oa: Zen cr
200 SOB lang o9 10 SoO brco. ser
citcr har Observation-Disclosures Stamnlo-
ser prrct cn 1arifc l~tutclia Same.
Decorah-posten og ved arnen., 1921-01-04

life iorfrpt. &itn fo9tc itg eli |ano.
ficocl, ltaf Den onarebnc Singer i Oct
togcrtoe |ono % bolot Den Der, iuo.
til Mutcricn bar ioripmloct. ut Sin
acrcn cftcrpaa bar lto9ct "mcotoact"
ltol man 10 life lutbrc2 oner. Sano
ipnligpis ma Den amplltcrca.
Decorah-posten og ved arnen., 1921-01-04

Dan bpr iprhsrc iia hos Spbe &
So, $40 2mo Npe. q, Mtinnenpolis,
a%neaaenbc anricn paa aroner, isr
man fisher anoctiteos.
Decorah-posten og ved arnen., 1921-01-04

ssrs "eterrah.esn,u" ri s,Mt 20 S,a1's
SCI glulc gguc grl'cH cg $50 ~ "a''
Decorah-posten og ved arnen., 1921-01-04
rifauit
al aue.
&te.

ben trbft
n "Sus'
% ON,
iilfreb5
iadr oi
T gantlc,
ties. Yt
SauiIier.
SnraNi'
soeurteu"
lot bore
c fsrite'
II beoiie
fenSt for
Sc aisr
i Stira.
RI bnrer.
1uIntor),
Ming Be-
les, men
brTieutge
ppluinbe.
(
Decorah-posten og ved arnen., 1921-01-04

hrbe0
|en0te
Rfling
| bpor
pr lin
Ire lit
| Ge0
'aar
life
Ia, hi
lei
II 100,
florer
.ches"
+ffelig
'tili1er
|lceolt.
| Dem
! Sor0
|Sberc
iiq
t flor
T, tan
.1ierlte
tultoo,
| ii0cll
|il6ogc
! frelll.
|Stcnl.
| eierc
6ocb.
|pir o9
rotioll
/ Sp
re op.
| flyer
YefIa-
ri
IS blcD
be lc0e
ut paa
Decorah-posten og ved arnen., 1921-01-04

speuncr"
gct Gqe'
fer Stu's
lpsniter.
No neo az
Sang %
tefanisnlc
Decorah-posten og ved arnen., 1921-01-04

uscenncn
leie Sab
ret hart
SanuoinG
IL @urneis
1la Qlaes
ben IHeo
'iaRisIHe
10 aarS
eiier ca
ebicngp
% Snitrui'
Stailo %
L CO..
Decorah-posten og ved arnen., 1921-01-04

Npfiabin9 e, 7oe Gee. Ter
opitoo / GitcrnibooQ &l0 / GQinQc.
gaaro / Soshcrrco. Gu Staffc.
hiplnL en- 2aoc % aoitolocu nco.
brrnotc. arCotltrcrnc blcp rcobeOc,
men ser brGnOtc ca. 2000 Sbr. SUb
% Ell Wrn9Oc Sober. Slocn mcnc2
opitaaet peO SfltoOct ira CT &ootgc.
p4r.
New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1921-04-20
ONLY ONE ASSESSOR rs
ABSENT FROM MEETING
III. H. Observation-Disclosures Annual
. Gathering Of Brown County
Tax Enumerators Thurs
day.

As an indication Of the fact that he
various city, village and township as
SCISSORS in Brown county realize the
complexity OF, their duties and are
anxious to do their work in the best and
most equitable manner, it need but be
stated that only one of these important
officials was absent from. the annual
assessors meeting which was held at
the courthouse in this. city, Thursday
morning at 10 o'clock. The missing
assessor was Mike Huiras of Leaven-
worth township, who was detained
on account of illness. ,,,
H. 81. Kattmann of Cloquet repre-
sented the State Tax Commission at
this meeting and dwelt upon the inn
portance of listing every property
owner equitably in order to avoid the
possibility of the tax burden falling
too heavily upon the poorer people,
who usually have their entire posses
sions in full view of the assessor, while
the wealthy people have many OPP
portunities to escape their just proper
t on OF taxes. One Of the complicated
questions that have arisen as a result
of modern progress is that of assess
ing airplanes that are not kept on the
New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1921-04-20
ATTENTION, I. o. q. F.

Z (,
The Grand Master was here Satur-
day and conferred with committee
from Sleepy Eye Lodge No. SO. Plans
were laid to revive New Ulm Lodge
No. So, /. O. @. +. It was decided to
hold meeting on Tuesday, May 10,
at which, time the Grand Master will
again be present and a class, of candi-
dates will be initiated. Every mem
Der Of the !. o. O. F. living here is
urged to be present that evening N
Sehell's Hall. It is hoped that those
living here will transfer their member
ship here. The Grand Master has ap-
pointed the undersigned to assume
charge of the lodges affairs until that
meeting.
Adv. Is Rev. C. w. Baxter.
New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1921-04-20

premises Of their owners. This ques-
ton was brought up in the meeting
and Mr.. Kattmann stated that there
was some doubt as to where this
personal property is to be assessed.
Mr.. Kattmann informed the Review
that he was more than pleased with
the interest the assessors took in his
calculations of the complex tax ques-
ton and stated that they are a group
OF intelligent men who will try to do
their duty impartially. While in New
Ulm he took occasion to look up the.
history of the late Henry Kattmann,
a relative, who was one Of the pioneer
residents of Mi ford township and con-
Quoted a book S ore in New Ulm some.
years after the Indian massacre.
The following were present at the.
annual meeting, Thursday: Julius
Krause, New Ulm; Michael Frantz,
Sleepy Eye; Gustav Nuessle, Spring
field; Hans P. Ulen, Hanska;s Carl IA.
Anderson, Comfrey; w. C. Davis,
Golden; Rasmus Hansen, Evan; Isaac.
H. Olson, Albin; Otto Mielke, Bashaw;
Herman Unger, Burnstown; John H.
|Seifert, Cottonwood; John Fenske,.
Eden; Math. Bertrand, Home; Martin
Amundson, Lake Hanska; Jacob Sy-.
version, Linden; Albert Werner, Mil
ford; Park Green, Mulligan; Nick.
Mertz, Prairieville; William L. Runck,
North Star; Joseph A. Domeier, Sigel;
William zander, Stark and Emil Jeske,
Stately.
New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1921-04-20
CITY FUNDS ARE
SHORT $121,722
Continued from page ~.

~ . 4 L + i,fst Z
February %, 1921, as compared with
an overdraft of $25,476.99 for the
previous year.
Other Funds Overdrawn.
The administration fund was over.
drawn $38,086.89 at the close of the
past fiscal year, compared with an
overdraft Of S23,796.76 at the be-
ginning thereof. The total revenue
of this fund last year was only ST.
O35.74, while the expenditures aggre-
gated $15,325.87.
The total revenue of the street fund
was $25,886.16 and the expenditures
aggregated $50 687. OF, leaving an over
draft of $10,80O.86 in addition to that
OF the previous year, which amounted
to $37, 406.23, making total overdraft
in this fund O $48,2S7.09
There was also an overdraft in the
Fire Department fund, which amount
ed to 1854. 4 on March /, 1920. The
total revenue derived from the tax
levy, was. $4,286.5S, while the expen-
ditures amounted to $6,962.74.
The city hall fund was overdrawn
in the sum of $22, OO7.93 at the be-
ginning of the present fiscal year. Last
years revenue was S20,207.22, being
he amount of the current tax levy, and
$14,333.76 represents the expenditures.
This fund was overdrawn $36,341.69
on March /, 1920.
Funds Showing Balances.
The sewer fund showed blarce of
$10,2iS.44 on March 1, 1920, from
which sum must be subtracted the
expenditures during the past year,
which were $552.S0, eaving balance
of So, 665.64 on February %, 1921.
There was balance OF $3,139.8 in
the park fund at the close of the past
fiscal year. The revenue of $3,061.7O
was derived from the current tax levy
and blance of $2,1S5.59 on hand
March 1 1920, making total receipts
of $5,247.29. The expenditures ag-
gregated $2,107.47.
The revenue in the City cemetery
fund was $9,S25.81, including balance
OF $5,S22.S at the beginning of the
New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1921-04-20

past year. The expenditures totaled
s1,306.S2, leaving a balance Of S.
518.99 on February 28, 1921.
A balance Of $12,429.91 was re-
corded in the interest and sinking fund
on February 20, 1921. The balance
on hand March 1, 1920, aggregated
$7,047.8O, to which were added the
receipts aggregating $18,S61.22, max
ing a total of $25,909.02. The ex-
penditures during the past fiscal year
amounted to $13,479. IL.
There was balance Of $4,000 in the
cemetery trust fund on March 1, 1920,
to which was added $3.50 as receipts
during the past year, making a totalSo
$4,450, which represents the balance
on hand February %, 1921, as there
were no expenditures last year.
Balances and .Overdrafts.
Summing up the status Of the various
city funds, those showing credit bal
ances are: Sewer fund, $9,665.64;
park fund.-, $3,139S2, and cemetery
fund, $8,518.99. The following funds
were overdrawn in the amounts in
dicated at the close of the past fiscal
year: Electric light fund, $5,846.O5;
waterworks fund, $22,458.O4; adj
ministration fund, $3S, O86.89; street
fund, $48,2S7.09; Fire Department
fund, $6,360.60, and city hall fund,
$22,007.93. The net overdraft in all
funds is $121, 722.05.
New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1921-04-20

At meeting recently held in Com
frey, the Bashaw Unit Of the Brown
County Farm Bureau was organized
by County Agent Willis Lawson of
Sleepy Eye and State Organizer Mere
ness of Winnebago. The following
officers were elected: Director, C. e.
Petersen; vice director, Carl Blick;
secretary, Oscar Bakken. The Gus
tomary bylaws and regulations were
adopted and the first meeting was de-
voted to routine work.
New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1921-04-20
SWORN STATEMENT REQUIRED
BY THE NEW POSTAL LAW.

bA lHE NEW POSTAL LAW.
STATEMENT OF THE OWNER
SHIP AND MANAGEMENT,
ETC. required by the Act of Con-
gress OF August "a, 1912, of the New
Ulm Review, published weekly at
New Ulm, Mimi, for April, 1921.
State of Minnesota,
County of Brown. IS.
Before me, Notary Public in and
Tor the state and county aforesaid, per-
sonally appeared Albert Steinhauser,
who, having been duly affirmed ac-
cordlng to law, deposes and says that
he is one of the owners of the New Ulm
Review and that the following is, to
the best Of his knowledge and belief,
true statement of the ownership,
management, etc., of the aforesaid
publication for the date shown in the
above caption, required by the Act of
August "a, 1912, embodied in section
AS, Postal Laws and Regulations
l. That the names and addresses of
the publisher, editor, managing editor,
and business manager are:
Publisher: United Press and Publish
ing Co., John Woebke, New Ulm,
MINI.
Editor: M, L. F. Eyrich, New Ulm,
MINI.
Managing Editor: John Woebke, New
Ulm, MINI.
Business Manager: John Woebke, New
Ulm, MINI.
2. That the owners are: Albert
Steinhauser, Emil G. Hage, Emma
Hellmann, John Woebke, New Ulm,
MINI.
3, That the known bondholders,
mortgages, and other security holders
owning or holding per centor more of
total amount of bonds, mortgages, or
other securities are: None.
4. That the two paragraphs next
above, giving the names of the owners
stockholders, and security holders, if
any, contain not only the list of stock
holders and security holders as they
appear upon the books of the company
as trustee or in any other fiduciary re-
lation, the name of the person or cor
poration for whom such trustee is act
ing, is given; also that the said two
paragraphs contain statements en-
bracing affian S full knowledge and
belief as to the circumstances and con-
ditions under which stockholders and
security holders who do not appear
upon the books of the ,ompany as
trustees held stock and securities in a
capacity other than that of bona
fide owner; and this affiant has no
reason to believe that any other per-
son, associa ton, or corporation has
any interest direct or indirect in the
said stock, bonds, or other securities
than as so stated by him.
ALBERT STEINHAUSER, Owner
Affirmed and subscribed before me
this 30th day of March, 1921.
L. B. KROOK,
Notary Public, Brown Co., MINI.
My commission expires March 7, 1928
(SeaD
New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1921-04-20
RECEIVE DIPLOMAS.

This years catechism class of the
Bethel church of this city, composed of
eight. girls and three boys, passed the
final examination and received their
diplomas during special services, Sun
day. The young people comprising
this class are: Evelyn Juedes, Iona
Schroeder, Lucella Gaetke, Ruth Mar
tt, Myrtle Zimmerman, Hazel Helm,
Elenora Schroeder, Myrtle Schroeder,
Victor Zimmerman, Roy Kohn and
Edgar Fechner.
An invita- ton barn dance was held
on the John Schreyer farm in Milford
township, some five miles from New
Ulm, Sunday evening. Some $50
people were present and ftripped the
light fantastic"
New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1921-04-20

February %, 1921, as compared with
an overdraft Of $25,476.99 for the
previous wear
The Brandon news. (Brandon, Miss.) 1892-1961, 1921-10-27
TRUSTEES NOTICE OF SALE

BY virtue of the authority con-
veyed upon the undersigned Trus-
tee. III the deed of trust given by
Mrs. M. A. Carson to F. M. West,
Trustee. to secure an indebted
ness to the Union Saving Bank
and Trust Co., of Jackson, Miss
issippi, beneficiary. dated the 7th
day of April 1920. which said deed
of trust is recorded in the office
of the Chancery Clerk of Rankin
County. Mississippi, at Brandon
Mississippi. in Book 6, Pages. 81,
So ct SEQ, of the records of Deeds
of Trust and Mortgages upor
land in said office, reference to
which here is made. default hav-
ing been made in the payment of
principal and interest therein
provided for: now therefore. /.
the undersigned trustee being
requested so to do by said bank,
will on Monday the 7th day of
November. A. d. 1921, during Leg
al hours of sale at the front door
of the County Court House Of
Rankin County, Mississippi, at
Brandon. Mississippi, offer for
sale and will sell for cash, at pub
lie outcry, to the highest best bid
der. the following described prop
erty lying and being in the County
of Rankin, State of Mississippi,
more particularly described as
follows to-wit:
The South Half Of the South
East quarter, Section 8, Township
S, Range. A, East. and East Half
o fthe East Half of Section II,
Township 5. Range 4. East.
Said property will be sold to-
ward the satisfaction Of said in
debtedness mentioned i'm said deed
of trust, interest. costs and fees.
and the title to said property is
believed to be good, but I will con-
vey only such title as is in me
vested as Trustee.
Witness my signature this the
18th day Of October, A. D. 1921.
#. M. West
Trustee
The Brandon news. (Brandon, Miss.) 1892-1961, 1921-10-27
RATE Of RETURN EARNED
BY RAILROADS OF THE UNIT
ED STATES ON THEIR PROP
ERTY INVESTMENT.

1t will thus be noted that during
the years when other industries were
making very large profits, when the
prices of farm products and the wages
OF labor we're soaring to unheard of
heights, the earnings upon railroad in
vestment in the United States were
held within very narrow limits and
that they have, during the past four
years, progressively declined.
Roads Handicapped More Than Other
Business.
The railroads are responsible to the
public for providing adequate trans
portation.
Their charges are limited by pub
lie authority, and they are in very
large respects, notably for labor"
compelled to spend money on basis
fixed by pubic authority. The margin
within which they are permitted to
earn return upon their investment
or to offer inducements to attract new
capital for extensions and betterments
IL extremely limited.
However much the railroads might
desire. therefore, to reduce their
charges In times OF depression, It will
be perceived that the limitations sur
rounding their action do not permit
them to give effect to broad and elias
tic policies which might very properly
govern other lines Of business not
thus restricted.
It has been urged upon the railroads
that 3 reduction In rates will stimulate
traffic and that increased traffic will
protect the carriers from the loss incl
DER. rsz5,:ct On tn~xRtes> rail.
The Brandon news. (Brandon, Miss.) 1892-1961, 1921-10-27

when che government took charge q
wages through the Adamson act, tho
labor cost of the railroads had not
exceeded the sum OF about $1,468,000,-
900 annually In 1920, when govern.
mental authority made the last wage
increase, the labor cost of the rail.
roads was about $3,69S,000,000 annu-
ally, or, il continued throughout the
year instead of for the eight months
during which the wage increases were
in effect, the labor cost On an annual
basis, would have been largely in ex-
cess of SO, 900, 900, an increase since
the government took charge or rail-
road wages in the Adamson act, OF
approximately $2,450, 100000 annually.
In the light of these figures it is
manifest that the recent reduction
of wages authorized by the Labor
Board. estimated at from 10 to IL per
cent, in no sense meets or solves the
problem OF labor costs and in no way
makes it possible for the railroads to
afford a reduction in their revenues.
Thousands of Rates Already Reduced.
Indeed, during the past year there
have been between four and five thou
sand individual reductions In freight
rates. On some railroads the reduc-
lions in rates have amounted to more
than the reductions in wages, allowed
no net return on operations, but mere
ly provided against further accumula,
ton of deficit.
The point Is often made that agri-
culture and other industries are also
suffering the same immediate difficult
ties as the railroads. Why, therefore,
do not the railroads take their medi-
cine like anybody else? The answer
The railroads were not permitted,
as were other industries, to mako
charges during the years of prosperity,
making possible the accumulation OF
q surplus to tide them over the pres
emit extreme adversely. According to
the reports of the Interstate Commerce
Commission, the rate OF return In prop
erty investment Of the railroads OF
the United States for the past several
years has been az follows.