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15 PER CENT. CUT

RAILWAY WORKERS

(Received April 30, .11.50 a.m.)

CHICAGO, April 29.

The American Association of Railways has decided to reduce wages by 15 per cent, on July 1. It is estimated that the saving will amount to £250,000,000 a year. "The present financial condition of the railways is more desperate than in' 1932, when a 10 per cent, reduction was accepted voluntarily by the employees," it was stated.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19380430.2.79

Bibliographic details

Evening Post, Volume CXXV, Issue 100, 30 April 1938, Page 9

Word Count
71

15 PER CENT. CUT Evening Post, Volume CXXV, Issue 100, 30 April 1938, Page 9

15 PER CENT. CUT Evening Post, Volume CXXV, Issue 100, 30 April 1938, Page 9