Word: railways
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Ababa-Djibouti Railway, in which France and Italy each have stock interests, would pass wholly into Italian hands by amicable purchase of the French shares; 3) Italian and French encouragement by agents provocateurs of native uprisings in each other's colonies would cease; and 4) France, following Britain's acknowledgement that Italy has certain rights in respect to Palestine, would agree that Italy also has certain rights in respect to Syria, a French mandate. As a preliminary to these far-reaching plans, the Quai d'Orsay this week announced that Premier Daladier and M. Bonnet had "gladly...
...other modern improvements put together, however, scheduled to cost $160,000,000, nearly three times the annual revenue of Iran, is an 865-mile railroad line. No foreign country is to own any part of this line, no foreign loans are to be accepted. Conceived as a strategic railway, to enable the Iranians to repulse possible British invasion from the Persian Gulf, Russian invasion from the Turkomen Soviet Socialist Republic, the railroad line carefully avoids all Iran's big cities except Teheran, skirts round the Empire's more fertile districts, spans wide rivers, crosses mountain passes as high...
...recovery thundering down the tracks, employes' pay was restored to the 1932 level; last year it was raised another 7½%. Last week, facing a crisis considerably worse than 1932, the railroads again asked the 21 unions to accept a pay cut. Snapped Chairman George Harrison of the Railway Labor Executives Association: "I never heard of such a silly thing in my life as the attempt to reduce purchasing power at the same time the President is pouring out $4,500,000,000 in an attempt to increase buying power. They are not going to get one cent from...
...event the roads might be obliged to negotiate for a pay cut through the mechanism provided by the National Mediation Board, Labor spokesmen cracked back that the unions "would stop at nothing short of a nationwide strike" to maintain their present wage scale. As George Harrison well knows, the Railway Labor Act's detailed procedure of negotiating wages takes months & months. And even President Roosevelt admits the roads cannot wait long for financial aid. Said he fortnight ago in passing along the railroad problem to Congress: "Some immediate legislation is, 'I believe, necessary at this session, in order...
...German State Railway (Deutsche Reichsbahn), world's largest system,* all tracks, rolling stock and property of the 3,628-mile Austrian State Railways. Said an official announcement from the German Railroads Information Office, which last week closed all U. S. bureaus of the Austrian State Tourist Department: "The rejoicing of Austria and the happiness of the Austrian and German people over their long desired reunion will also be a boon to travelers: the dark clouds of political uncertainty have drifted away...