Newspaper Page Text
' Friday. October if, \n\ *
TO LOWER RATES
ROADS DECURE
frext Os Proposal To Cut Wages
<Vv And Giva Public
X Benefit
NEW YORK, Oct. 21—Following a
ueeting in Chicago, October 14. 1921
ot the presidents of nearly all the leau
Jag railroads in the country, M r. Thom-
P* Do Witt Cuyler, chairman of the As
sociatlon of Railway Executives, made
following statement:
At a meeting of the Association oi
Railway Executives today, tt was d.
terrniaed b, the railroads of the Unit
ed States, to seek to bring about a re
duction in rates, and vs a means to
that end to seek a reduction in pres
cut railr’&ad wages, which have con
polled maintenance of the pres* ut
fates.
An application will be made immedi
ately to the United States railroad la
bor board for a reduction in wages of
train service employes sufficient to
remove the remainder of the increase
made by the labor board's decision of
July 30, 1320 (which would involve a
further reduction of approximately teD
per cent), and for a reduction in the
wages of all other classes of railroad
labor to the going rate for such labor
la several territories where the car
riers operate.
To Reduce Rates As Wages Go Down
The foregoing action is upon the un
derstandlng that concurrently with
such reduction in wages, the benefit
of the reduction thus obtained shall
with the concurrence of the interstate
commerce commission, be passed on to
the public in the reduction of exist
ing railroad rates, except in so far
as this reduction shall have been made
in tbe meantime. The management
have decided upon this course in view
of their realization of the* fact that tlu
wheels of industrial activity have beer
closed down to a point which brings
depression and distress to enure
public and that something must be
done to start them again in opera
tion.
The situation which confronts the
railroads is extremely critical. The
railroads in 1920 realized a net rail
way operating income of about $62,-
000,000 upon a property investment of
over sl9 000,000,000 and even this
amount of $62,000,000 included back
mail pay for prior years received from
the government of approximately $64,
000,000, thus showing, when the op
orations of that year alone are con
aidored an actual deficit before mak
j£jng any allowance for either interest
yr dividends.
The year ended in serious depres
sion in all branches of industry, and
in marked reduction of the market de
mand for and the prices of basic, com
modities, resulting in a very serious
failing off Su the volume of traffic.
Roads Forced To Dckbr Maintenance'
In this nm* • ■ * »tv<: >■ tl - oust
rigid economy and of postponing and
cutting to the bon • urn, upke. n of the
properties.* was adopt*, d by the rad
roads. This was at the price of neg
lecting and. for the time, deferring
work which must lioroeft* r and. in
the near future, be done and pain for.
This is ’illustrated by the Cu't that,
as of September 15. 1921, over 18 per
cent, or 374,431 in number, of tho
freight cars of the carriers were in
bad order and needing repairs, as
against a normal of bad order cars of
not more than 160,000. as is further
illustrated by the deferred and inade
quate maintenance of other equipment
and of roadway and structures.
Even under those conditions, and
with this large bill charged up against
the future—which must soon be pro
vided for and paid if the carriers are
to perform successfully, the transpor
tation duties —live result of operations
BIG VALUES IN FARMS
AND CITY PROPERTY
Exclusive Sale
Store house and residence in
Sumter City; also 128 acres
nearby. Prices and terms giv
en on application.
157 Acre s Friend
ship $5,495 00
1,030 Acres, Hogg Place. Resi
dence and tenant houses; will
give price and terms.
8 Acres 1-2 mile from Amer
icus, 8- room house, five acres
in 20-year bearing pecan trees;
on paved road $4,750-00
405 Acres, eleven miles to city;
everything complete, including
this year’s crons, $50.00 per
acre.
500 Acres, John T. Methvin
| place; everything complete;
; SIOO.OO an acre.
150 Acres, home and barns,
” 1 1-2 miles to Americus on
| Dixie Highway ...$7,500.00
100 Acres, three miles to
‘■ ton. This includes water
:II now in operation; modern
] >ome, barns* atnd good four
iovvc farm, s22.ort acre.
90 Acres, bungalow, barns;
River road.
1,365 1-2 Acres, Lee county;
two residences, tenapt houses
and barns: one thousand acres
i:; cultivation; $15.00 an acre.
Good terms.
50 Acres, five miles to Amer
icus, fine soil $4. 1 50.00
Sixteen homes for sale. Fif-
L-n Hundred Dollar t<> UO,
000.00.
We Will Advertise At Our
I Expense Any Property Lisi
| eci With Us.
HAIRE & PARKER
; Wheatley Bldg. f
toe first eight months'of this year. >
- ih* infest available figures, ha*- been !
•>' n rati ut r.-v railway operating in- \
come, before providing for interest or I
dividends amounting to only 2.6 per j
cfcnt per aim am on the valuation oi !
Cue carrier prop*Tiiti mads by tho in j
u-rstato couiiift-rco (EL iiiissiou in fho !
recent rate case, an amount not ?uiu
cient to pay tbe interest on their out- *
nmling bonds
Roads’ Earnings Far Below Reasonable
Returns.
it is manifest, from this showing, that
the rate oi return of 5 3/2 or* C ncr
cent for the first, two years after
March 1. 1920, fixed in the transport a- i
tion act as a minimum reasonable n
turn upon railroad investment has not. j
been even approximated—much less j
reached; and that the present high ;
rates accordingly are not due to any 1
statutory guarantee of earnings, for i
there (s no such guarantee.
hi analyzing the expenses whim have j
largely brought about this situation, it
' maos evident that by far the large; t i
• nutril: :i iJ5 • cause is the labor cost. j
Today the railroads pay out fn Ini,oi !
approxiiuateJ.. i;oc on the dollar tin -■ !
receive for transportation service:
a . reas in 3 DIG, 40 cents on the do: i
la r went to labor.
On tiic tirst day of January, ljr;, I
Alien the government took charge of !
..ages through the Adamson act, the
labor cost of the railroads had not ex
v- olfii the sum of about $1,468.000,0>i0
■ l.nualit In 19z*i, when governmental 1
utlioritv made the ' i t wage incraas* ■
-ce I:(*■■■.' of >li<* railroads s? •
■ 1:0111 9 HII.I.IS;:, cunil 'lly. or, !I' cetl
inued throughout (lie year instead --t i
:'!i ; eight niontm dunnt which tf* i
wage •O'-rdas**;- won in eit-i i. I
’.he labor ■ cod on an annua; \
i.rsis, would hav been largely in j
jxcess of $3,900,000,000 an in I
crease, since tne government tool, I
charge .of railroad wages in the Adam
son act, of approximately $2,450.00u,
000 annually.
In the light of these figures, i: 1-
tnanifest that the recent reduction of i
wages authorized by the labor board,
estimated at from 10 to 12 per cent, in
no sense meets or solves the problem j
of labor costs, and in no way makes h ,
possible for the railroads to afford ;
a reduction of their revenue
Thousands Os Rate 3 Already Reduced
Indeed, during the past, year there
have been betyveeu four and five thou
sand individual reductions in freight
rates On some railroads ,the redac- ,
tlons in rates have amounted to more J
than the reductions in wages so tar i
made, and on many other railroads the j
reductions in wages allowed no net !
return on operations, but merely pro- j
vided against the further accumula j
tion of a deficit.
The point is often made that agricul ;
ture and other industries are also suf- I
sering the same immediate difficulties j
as the railroads. Why, therefore, do j
not the railroads take their medicine I
like anybody else? The answer lies |
:n several facts:
1. The luiiroads were not permitted. 1
as were other industries, to make !
charges during the years of prosper- 1
ity, making possible the accumulation J
of » surpi . to ride them over tho prev
ent extreme aeversily. According to •
the rep* :is of ,!. ■ interstate commerce
commission, the rale of return in prop
erty ima stun nt of the railroads of the
United Stale foi the pdst several years
has been as follows:
“KATE Ok RETFRN EARNED
BY RAILROADS OF THE
l MTi-.D STATES ON
FHEIR PROPERTY
IN VESTMENT.”
1912 4.84%
1912 5.15%
1914 4.17%
1915 i 4.20%
1916 (fiscal vear) 5.90%
1916 (calendar rear) 6.16%
1917 5.26%
7915 3 51%
join 2 !(j H ■
1920 ’.ZZZZZ u. 32%
i; ,vll V i•> not' d ■ be; during : !’■
years when other industries were mak ;
ing very large profits, when the price
i f farm product nd tbe eager
hor were scaring to uriheo'd-of heights
the earning.-, upon tail road iuvestm :n:
in the United Stale were held within
very narrow limits and that they have
during the past, four years progressive
ly declined.
Roads Handicapped More Than Other
Business.
2. The railroads arc responsible to
the public for providing adequate trans
portation. Their charges, are limited
by public authority, and they are, in
very large respects (notably for labor;
compelled to spend money on a basis
fixed by public authority. The margin
•within which they arc permitted to
earn a return upon their investment
or to offer indheements to attract new
capital for extensions and betterments
is extremely limited. However much
the railroads might desire, - herefore,
to reduce their charges in times of de
pression, it will be perceived that th
- surrounding their action do
not permit them to give effect to broad
and elastic policies which might very
properly govern other lines of business
pot thus restricted.
It has been urged upon the railroads
that a reduction in rates will stimu
late tratlii and that increased traffic
will protect the carriers from the loss
incident to a reduction in rates. The
railroad managements cannot disguise
from themselves tha; tln-j suggestion U
merely conjectural and that an .id
verse result of the experiment would
bo disastrous not only to the railroads,
AMERICUS
UNDERTAKING CO
Funeral Directors and Erobelmer*
NAT LEM ASTER, fdantae*
bsy Phonti 88 and 231
Turner Electric Co.
Reduced Price* on Hour*
*
Wiring «rd Fixtures
We atv rear - ' Are you? Call
us for an estimate*
! but to tl • i'Uhf-i ■ -upren e need
jis adeqj e trai
j Consequently the railroad manage*-
, ments cannot feel justified in placing
| these instrument;:ies, so essential to
j the public welfare, at the hazard of
i such u*i exp,.n.uon t based solelv
sucii a uj, . tniv.
, Farmers Especial!,- Weed Lower truss
- It is evident, however, th;,: existing
; transportation < nFtr.R(?s l)©sr in tnsnv
i cisßS ii disproportionate roiiitiouship to
the prices at which commodities can
be sold in the market and that exist
: dig labor and other costs of transpor
j tation thus hnuo: «»«« upon industry
i and agriculture generally a burden
! greater than (hey should bear. This
j ;s especiallj Hie of agriculture. The
railroad managements arc* feeling : cn
t -iitive to ..ud sympathetic with the di
; tressing situation and di sire to do
j everything to assist in relieving it that
i is compatible vs'ji a ii.t/i* dufy .to fui’*
j niah the transportation which i*ue pub
j lie must have.
j At i!) • lut?..!' Hi .; h'o. in many
! cases ,aiv paying 10 cents an hour for
i 11 utkh(tied Iti , :<*i. wlk n lahor is
i working along-ic- the ra.lroad;- and
■ can easily be obtained by them at 20
I cents an b<-u;-. The raiiroadc of the
! country paid, in 1920, a total of cou
) siderably over fi,300,000,000 to unskill
ed labor alone. However d esirable it
may be to pay th . cr that schedule of
wages, it is obvious that it cannot be
paid out of railroad earnings, unless
j the industries which use tic- railroads
are capable of meeting such charge.-.
The rai l reads and through them,
j the peopb generally—arc also ham
| pered in their efforts to economize by
I a schedule of working rules and coil
; ditious now in force as a heritage front
j the period ot federal control and up
i held hv the railroad labor board. These
conditions are expensive, uneconomic
! and unnecessary from the point oi view
of railroad operation and extremely
burdensome upon the public which
! pays the bill. This-schedule of wages
and of working conditions prevents the
railroads front dealing equitably with
their labor costs in accordance with
| rapidly changing conditions and the
i great variety of local considerations
; which ought to control wages In dif
erent parts of the country. The rail
j roads are seeking to have these rules
and working conditions abrogated.
The railroads will see!-: a reduction
in wages now proposed by firsi request
ing the sanction of the railroad labor
board. The railroads will proceed vith
all possible diut.-atch. and as soon as
the railroad labor board shall have giv
-. its assent to the' reduction of wages,
:h« genera! red action in rates will be
put Into effe .
CHIEF OF POLICE
LOSES 5 TEETH
AT SINGING BEE
(’hief of Police John Bragg
! came back from the singing con
i vention at Hebron church Wed
nesday night minus five front
I teeth. Others who attended the
! convention insisted that the teeth
i gave way under the pressure ii
| the volume of music pouring from
; the chief’s throat. He said it was
a ‘•bridge’ which gave way at a
t critical moment.
x ~ . r IritnPS
t f * -• IdJci- yy O V'lUUlvj
vtuv j i .... ;)
a Lr ■
%
For washing baby’s dainty little gar*
merits there are many reasons why you
should choose a powdered soap, instead
# of bar soap. You should not rub baby's
clothes as you must rub them when you
use bar soap-
S*yv With Grandma’s Powdered Soap yuu
just squeeze out the pretty little things
fIP hc wcare
s Soak baby’s clothes with Grandma. Y ou
- *TF do not need to rub them nor boil them.
« Grandma is u powdered soap which you
A*' ArnffipP use without wasting. You haven’t the
work of chipping and slicing bar soap.
of- You get a big , generous
sized package for Sc.
The most economical soap you can use,
I’hese Dealers Sell Grandma’s Powdered Soap:
Matbews & Co. Mize Grocery Co. D A. Saliba
Rogers Cash Store W, M. Taylor . United Grocery Co.
Mike Thomas Ferris George Riggly Wiggly
J. H. Poole & Sens Underwood Grocery Co. Hairis Gro-rrv Co.
Brag: ’s Market Joseph & Kaplan Edwards Grocery
Sparks Grocery Co.
l 1 X X.-' A ; u This Powdered Soap Today
"Hova. CifacwHasitt
I HL AMLRiCUb l IMLS-RLCORDER.
CONVICT TAKES ’
DOGS; IS CAUGHT
Hall Brock, Who Fled Terrell
Gang Caught By Webster
Sheriff
PRESTON. Oct. 20.-—Sheriff ('.
M. Christian, of Webster county, last
night at 7 o’clock captured Hall
; Brock, an escaped convict of Terrell
| county.
Brok escaped about S a. m. yester
i day. The Tei rcil county dogs were
{ pieced on his track and overtook him.
:i- • aittui-cC i ■ - * ■ . - . : ;.
.-. while, then .<u ad tv..a loose and;
. too '.them on with hint and • r %*i >e (
j them away.
Sheriff ('iiii iian - not■ftcU el
! the e ,p‘ and v.a oor on Brock s j
.trail, finaity hunting him trying to.
cut the chains-'irom his limbs. When 1
otdered by the sherif to tlirow up his j
hands, Borck threw up one hand and !
reached for a .45 Colt's pistol with I
the other, hut lie was immediately j
knocked down by the sheriff before j
1 he could use it. i
Brock was convicted in Walker
county of burglary and given a ten .
1 years’ sentence. Soon after his cap 1
! 1 ture he was turned over to Warden I
Simians and taken back to the Ter- i
tell county gang.
THE RIGHT WAY
TO TAKE YEAS!
;| With Iron, in Tablet
Form, as Embodied In
“Ironized Yeast”
; f __
Thin, Weak, Nervous and Dys
peptic People Find That It
Brings Better and Quicker
j Results.
When Yeast is combined with Or
ganic Iron, as in Ironized Yeast, you
have a tonic and revitalize!* in one.
Yeast, with its vitally neeessai y j
, vitaniinev aids in building flesh,
j soothing the nerves, strengthening
the muscles, promoting digestion and
clearing the skin.
But for QUICK and thorough re
■ suits the blood should be enriched
I and made stronger in order that it
j may quickly carry these wonderful vi
tantines and other food elements to
i he waster: llesli, the tired nerves and
: the weakened niu?cles.
i That is why Ironized Yeast eon.
; tail s the great blood tonic's organic
! i'vm, which ' easily assimilated by
ITINERANT TIN
CAN PAYS BRIEF
STOP EN ROUTE
A dilapidated tin can, hearing
:;,ji c. v tags numb ring about 50
and the slavin' of e ery part of
the United State -. w.> dropped off
June by an express messenger yes
terday into the po session of W. H. *
Morris, lo- al cvp’v ; age t, o h ,
aimless waivdcri gr fi
stop, and was sent by liira to 21 • -
gomcry .his aft* rno n via tic So
board.
The can was a curiosity rear
ing the date, oi Mu.vn 14, 192 L, t
evidently had s• i ft ■. h 1 Paso,
Texas, for I.aJun a, < mo. It v.a
fu-r.t * .*;,; i -Jto h : be-'U collect*
in| for a poor att e girl, hut
soeu-thnig : apres t • \-.h d’-vi-r it
ever "‘-'Pained, ; i* i 1 w.s iiuntr
one (*;:('. and oilier ■ i c i dtned up.
h bore no forws.rding ad Ircss, but
ci.ii agent where it had stopped
had tagged it with a message. It
had hen to .Seattle. Los, Angeles,
San Francisco, Chicago, Boston,
Tampa, Atlanta, and score.- of oth
er places. The I.*'- Angelos tag told
of its visit then to as-ist "Fatty’
Arbuckle, who just then needed
help badly. The Atlanta mesasge
said it had been in Georgia, hut
the Ku Klux Kian had gotten in
behind it and it had kept going.
Another tag bore the label of
“Florida Fish” from Kissimee.
| the system, and witch is found in
limited quantities in spinach and rais
; ins and certain other health-budding
! foods. When this kind of iron is used
1 the seemingly marvelous results ot
yeast arc often obtained in HALF
THE USUAL TIME.
If you are nervous, underweight,
suffer front lassitude, weakness, in
’ digestion, poor skin, if mental and
! physical exertion is a burden, start
today to take Ironized Yeast. Join
I the thousands who have already tak
! en this path to normal we’ght, to
-unding energy, health and vital
ity.
iconized Yeast will keep indefinite-
I ly and cost;-, no more per dose than
1 common yeast. Each package con
i tains 10 days’ treatment and costs
only St 00 —or just 1 Of* a day. Spec
ial directions for children in each
nackage. Sold at all druggists. Made
by the Ironized Yeast Company, At
i lanta, Ga.
Vfflsr
HiGHur it!>' •'. tv VU'AMINK TONIC
i Split bamboo fish poles are im
ported from Japan to the extent of
$5,000,000 annt alh.
A non-t<inkable mail pouch has
been successfully demonstrated in
New York harbor.
The Point Neuf, which means New
R. Age, in Par-, i. in reality one
", the oldest acr< the river Seine.
brands.
it lasts longer—goes farther be
hot cause it contains more than the or*
"or maoebya trust dmary leavening strength - there
lil II i fe.f r- ’ fore you use less.
I 7 4 r When a recipe calls for two tea
Ij spoons of baking powder, use two
a su^s always be the same
/pA perfectly raised bakings—rernem
f\Zm fgsSf her this when you buy baking povv
der and don’t forget that Calumet
is the economic buy because it goes
A i ound can of Calumet coni tins full
'lislßofe s'SlMlr Hi oz. Some baking powders come m
I3 IRPBP r 12 07.. instead of 16 oz. cans. Be sun
o* r you get a pound vyhen you want ii
~
: PLEASE-Take Notice
I DO YOU CALL FOR DOMESTIC WHEN
! YOU WANT BREAD
EE SURE YOU GET DOMESTIC
Guaranteed lo Please. Pound and Package Cake Headquarters.
MODEL BREAD CO.
121 128 Forsyth St. • Phona 32
1 ATTENTION
; AUTOMOBILE OWNERS!
i - •if ,->u find sirs'.-class general repairing by
inccliani's who know how.
/ ifi !*-ciu< J ( ‘‘buretor repaiis, all kinds a Specialty.
-if on r : truction of wrecked autos.;
ft: mg ybuis to us.
i . V machine & ELECTRICAL CO..
i ;H bo. “ackson St. Phone 794
WINTER LAWN GRASS
i '
Now is the time to plant. Green Lawn makes your home more
beautiful. Price;
I - ;
20c Lb— Peck 90c (5-Lbs)
i T
Specml Price in Large Quantities
PLANTERS SEED CO.
I■’ ' •
i _ - - ■ \ ,\t
Phone 502 Forsyth St.
i
AI
I! I
youv X'l V r.‘M
work at tHe* office
more seriously , G
tkc business I
of loving ycut* ’
wife —look out ! 1
J .a- jj ,
Bantot
[ Curve A
fe ‘ m
f How's This?
HALL’S CATARRH MEDICINE will
do what we claim for it—cure Catarrh or
Deafness caused by t atarrh. We do not
v claim to cure any other disease.
HALL’S CATARRH MEDICINE is a
liquid, taken internally, and acts through
?! - blood upon the mucous surface* of
th<> system, thus reducing the inflamma
.. tion and restoring normal condition*.
All Druggists. Circulars free.
1 F. J. Cheney & Co.. Toledo. Ohio.
PAGE FIVE