AMERICAN INDUSTRY

Hawera & Normanby Star, Volume XLI, Issue XLI, 17 October 1921, Page 5

AMERICAN INDUSTRY

THREATENED WITH RAILWAY

STRIKE

EFFECT IN WALL STREET

HX CABLE-P&fcßß ABBOCIATION—COVYaiGHI NEW YORK, Oct. 14. Industry in the United States is con- ■* fronted with a stoppage in consequence of the menace of a railway strike. The railway executive is cutting the wages of two million workers to 10 per cent., in order to reduce freight rates, for which the public is clamouring, coio- ' motive engineers, conductors, firemen, and switchmen ore mapping out a plan to strike. In Wai! Street railway stocks have dropped, reflecting the possibility of a strike, i A Chicago telegram states that heads of the railway brotherhoods have issued a strike calf, to become effective on October 30 unless the employers in the meantime reopen negotiations regarding wagfls and working conditions. The leaders have divided the country into ten zones, and propose to call a strike successively in each zone, until the managements confer. The railway executive's meeting at Chicago decided to ask the United States Railroad Labour Board to sanction an additional 10 per cent, wage reduction, besides the 12 per fxnt. already ordered. j