The Challis messenger. (Challis, Idaho) 1912-current, 1921-11-16
RAILROAD PLAN n I
GET RATES down
Propose to Reduce Wages ai l,tr.
Al tho Saving by Reduction
10 Charges
FULL TEXT OF the pRopo,.,
Statement BY Thomas Dewitt csyl.,
Chairman Of the Asse citation a
Railway Executives On tho
Situation


nearly oil the leading railroads IN y.
country, Mr.. Thomas Dewitt Cryia,
Chairman Of the Association Of mi
way Executives made the folloth.l
At meeting Of the associate a
railway executives today, it was lessl
mined by the railroads Of the Uaihl
States, to seek to bring about q redas|
ton in rates, and as q means to ths,
end to seek q reduction in present MI
road wages which have compolAi|
Of the present ratea
An application will be made innsa
ately to the United States railrosd 4
Dor board for a reduction in wasee oil
train service employees suffeieat III
remove the remainder Of the ipereasal
made by the labor boards decisia n
July 20, 1920 (which would involve {
further reduction Of approximately u
per cent? and for q reduction u n
wpges Of all other classes Of nibGa)
labor y the going rate for such IN
In several territories where ~ o
rlers operate.
To Reduce Rates A. Wages C DsWs
The foregoing action is upon tho .
derstanding that concwrently VA
such reduction In wages the beneltS
the reduction thus obtained shall w
the concurrence Of the interstate -
merce commission, be passed on @0
public In the reduction Of existing ~
road rates, except IN SO far a. thb =
duction shall have been made y ~
meantime.
The arrangements have decided ~
this course in view Of their reahnho
of the fact that the wheels OF iudul&
ri activity have been closed down -
point which brings depression ana 4
treSs to the entire public. ana =
something must be done to stan e
again in operation. The asaau
which confronts tive railroads
tremely critical. The railroads 70 =
realized q net railway operating "
Of about $62, O0O, 900, upon q prop
Investment Of over $19,OOOOOMl
even this amount Of sixty two mil
included back mail pay for prior
received from the government q
proxiplate!y $64, 900, 900, thus sn0ss
when the operations OF that yea
are considered, an actual dencll "a
. making any allowance for e'1nes
i est or dividends.
The year ended in serious oeps
In oil branches Of industry
marked reduction Of the mal.a
mand for and the prices OF oaas
modities, resulting In a very
falling Oft In the volume OF 'fa''
Ro.d. Forced To Defer xaistsaa''s.
| In this situation policy Of tAsl
rigid economy and Of postponl|
cutting to the bone the upkeep
properties was adopted Oy "
roads, This was at the pnee =
lecting and for the time ~
; work which must hereafter ~
near future be done and paic ~. !
Is illustrated by the fact ~.
sentember Is. 1921, over y y
~ s74 All IN number. Of ths
cars Of the carriers were ~
aud needing repairs, as as. -
NAL of bad order cars Of no! ~. ~.
l8OOO as Is further nlus1la..
dsfsrred and inadequate main.
Of other equipment and o. ~.
and structures. Even unus, IN +
ditions, and with this large MA ~
up against the fuslre. "a
soon be provided for anu
CARRIERS are to perform 'uH N
tha;r TRANSFORMATION duties.
: Of operations for the nra u III
. Of this year. the latest svs, ..,iIt
Mas been at o rate OF osa -.
stins Income, before prov.Ss,s
tsrest or dividends, amoanu.s
Ga ner cent per annum %
80 49, ~ 81 N. carrier poperds
, the interstate comme'. ~
the recent rate case, on
. sufficient to pay the 'n''
! | outstanding bonds.
, ...s. c.r.,n<. Far Below
RI I. ia manifest, from " ~
, that the rate Of return o. =, ~
cant for the tirst two year. ~
1870 AGED in the eansps,
railroad Investment ~ w.. "a
, Appropriated. mucn 's sstss 81
that the present high u.,or,
t Of earpings, for there u y
antee. .a n
In analyzing the expe as,. II
Incomes evident that oy ~
8 sst Contributing cause u w =
\ To-day the railroads , ?" y
approximately ~ c .esn.n.uert =
t6ey receive for tssaSsc n
. vices whereas in 1915 ="
dollar went to labor ,.at
On the first day q q %, q
| when the governihep..d smjI
| wages through the ,;H.Ssd,
! sahor cost of the ral!ros.'s n
s A0Is ,v The sum Of about y :
sSeSsI v In 1920, when
authority made the ~, -. rsl
| the labor cost OF ..nunuaIt
about $S,89s, OOO, oU ~ Nv vsaf
tinued throughout asdl
| Snr the eight months aS III
os -" ,rcrsa ses were 10
=. an annual - Ikj.
been largely in exc /. ths
An increase, since since. II Va