5 PER CENT WAGE CUT.
Mr Roosevelt Warns Railway Companies. United Press Assn.—By Electric Telegraph—Co . right. CHICAGO, February 15. The railroads served notice upon 900,000 union employees that the basic rates of pay would be reduced by 15 per cent to be effective on July 1. The cut actually amounts to 5 per cent as a temporary 10 per cent cut has been m effect under the agreement made a year ago. Coincidentally President Roosevelt announced in Washington that he had asked the railroads to extend the present agreement for six months beyond July 1. He issued a warning saying: “The .emergency still exists. A controversy over wages would have a disturbing influence."
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Bibliographic details
Star (Christchurch), Volume LXVI, Issue 20233, 17 February 1934, Page 21 (Supplement)
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1135 PER CENT WAGE CUT. Star (Christchurch), Volume LXVI, Issue 20233, 17 February 1934, Page 21 (Supplement)
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