LOSS TO THE RAILWAY COMPANIES.

Evening Post, Volume LXXXII, Issue 49, 26 August 1911, Page 5

LOSS TO THE RAILWAY COMPANIES.

MORE THAN THREE-QUARTERS OF A MILLION, LABOUR .VIEW OF TEE SETTLE- j MENT. A COSTLY~VICTOItf. SEVENTY THO"tJSAND POUNDS | STRIKE PAY. , LONDON, 25th* August. The railway companies' revenue last week decreased by half a million aterling. It is fistifflftted i that with the increased cost of working, the restricted services, and /the damage to property, the Companies' lose will be fully £800,000. An, article published jn the Labour Leader censure* the work of the Joint Committee, and describee the settlement as an abortive termination. The strike, it pays, wa* a victory for trade unionism, but it was A victory filling the Labour stalwart* with chagrin and dismay. Mr. Ramsay Macdonald, Chairman of the- Labour Party, in an article in the same journal, declares that Mr. Asquith, with tio adequate explanation of the proposal^ plunged for a Royal Commieskxn. The offer wae right down upon tho railway men's representatives, and waa < more like a declaration of war than »n incident in negotiations for peace. The Railway Servants'' Society estimated that the strike pay will amount to £70,000. The windows broken in the Lincoln riote will cost the city £2000 to replace. < COAL LIGHTERMEN'S DISPUTE UNSETTLED. LONDON, £sth August. The master coal lightermen's dispute is unsettled, and a thousand coal barges on the Thames are idle.