Word: labor
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...wise for the University to allow a group of men to call themselves the Harvard unit? Has the University as such any more right to put pressure to bear on the strikers than to dictate to the Pennsylvania railroad that it must not disobey the awards of the labor board? (as it has done...
...seems to me that a student should not be hasty in this very important matter. His patriotic impulse, excellent under certain circumstances, has been known to mislead him. If labor sees the universities as such taking a definite stand against it, will it not be justified in confirming an opinion already more or less universally held in labor circles, that the colleges are essentially "bourgeois...
There is little probability that the threats of railroad strike will materialize--First, because the Union leaders are too astute politicians to call a strike on account of the 12 percent wage reduction that went into effect last July by order of the Labor Board, for in doing so the railroad unions would not only antagonize the government, but would turn entire public sentiment against them, everybody realizing that the 12 percent from the high wages established during the war was a very small reduction. Second, because railroad employees cannot, under the law, strike on a mere suggestion...
...provisions of the Transportation Act (which calls upon the Interstate Commerce Commission to so co-relate wages and rates as to yield 5 1-2 percent net on property values) should be carried out, and all the clamoring of greedy shipping interests for reduced freight rates and of purblind labor leaders for maintaining high war wages, could in my opinion have little effect on the situation. Conditions under which railroad operation would yield less than 5 1-2 percent net on property values, would not only defeat the purpose of the Transportation Act, but would work against the interests...
Employees must agree to help eliminate waste caused by labor classification and the overtime provided in the McAdoo National Agreement. Railroads must agree that as soon as earnings reach the legally prescribed 5 1-2 percent on property values, they will reduce rates wherever it will stimulate business. I am convinced that these conciliatory arrangements would avoid the strike, allay business uncertainties and bring about an immediate business revival...