RAILWAY PROFITS.
LESSON FROM AMERICA
VANCOUVER, March 10. A Chicago telegram states that testimony was given oefore the Arbitration Board to-day that m live years the railroad earnings had accumulated an. undisturbed surplus of about £135,000,000, or 20 per cent, of the capital actually outstanding. It was agreed that they could well afford to pay their engineers and firemen the reasonable increases demanded.
A member of the board remarked that large fortunes w-ere lost as well as made m the railroad business.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH19150317.2.49
Bibliographic details
Poverty Bay Herald, Volume XLII, Issue 13636, 17 March 1915, Page 3
Word Count
82RAILWAY PROFITS. Poverty Bay Herald, Volume XLII, Issue 13636, 17 March 1915, Page 3
Using This Item
The Gisborne Herald Company is the copyright owner for the Poverty Bay Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.