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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Aug 15, 1919
Page
7
Washington Aug 14 S Davies Warfield of Baltimore outlined a government plan for railroad reorganization providing a minimum 6 percent return on invested capital. Surplus above that amount would be divided among employees the public and the earning road.
Luther M. Walter outlined a plan favoring private railroads with labor profit sharing and contested the 10 to 12 billion investment figure, asserting a total near 19 billion and urging private management for war efficiency while opposing immediate return to public control. The Warfield plan would have the Interstate Commerce Commission set rates after covering costs, with broader implications for federal deficits and road finances.
Chairman Esch and Mr Walter discuss a provision on a 6 percent minimum return for operation costs. Esch questions if future Congresses could alter the return, while Walter asserts such changes are unlikely and not possible.
Walter H. Belcher of Walter M. Lowney Co. notes Boston leads a growing candy trade with new factories expanding output. Prohibition raises demand gradually, though not as sharply as rumored, while skilled salesmen can earn about 3800 annually. Competition from foreign makers remains limited by tariffs.
The Concord Maynard and Hudson street railway adopts a new passenger tariff on all lines today under a zone system. The rate increases overall because zones are shortened more than the fare decrease, effectively raising the cost per ride.
Boston officials now expect the Italian dreadnought Conte di Cavour to arrive Tuesday in Boston harbor. The delay, initially planned to be about 10 days earlier, allows organizers to expand the navy’s reception schedule with no idle moments during the visit.
The arbitration board announces temporary terms in the dispute between striking fishermen and New England fish producers, wholesale dealers and vessel owners. The Fishermen's Union unanimously ratifies the agreement, bringing the lengthy strike to a halt for now.
An August to October truce sets minimum fish prices and allows strikers to return to work. Gloucester and Provincetown firms must sign off, and fleet begins resuming fishing from the pier. Some fishermen vow never to fish again, citing hard work and low pay.
General Edwards will pin decorations on ex-soldier from New Bedford and ex-soldier from Stoughton in a ceremony arranged by Major M. J. Moore over the next few days. Batista Maraglia of Stoughton receives the Croix de Guerre with gilt star and the Italian War Cross for Merit, while Frank Rogers of New Bedford has been named a Chevalier de Voorde de Leopold II by Belgium. Rogers served as a sergeant with Company H, 63d Infantry.
The voluntary bankruptcy filing of Joseph W. Kilgore a druggist formerly of Waltham lists liabilities of 4793.75 and assets of 19 cents in an unsecured creditors case. Officials expect a quick disposition with no protracted creditor fight over asset distribution amid high living costs.
Today at 2 p.m. Bay State farmers gather at Quincy House to vote on a wage increase. At 4 p.m. the deadline arrives to file with election commissioners for primary nomination papers. At 8 p.m. Boston police night force meet at Fay Hall to vote on the A F L charter.
The 200000 checks totaling 20 million dollars to Massachusetts veterans are in the State Treasurer's office. Checks are payable at National Shawmut Bank and require discharge papers for payment. The first $100 bonus check was signed by Charles L. Burrill, with R Van Wort Adams of Brookline first to receive it. Seven thousand checks were mailed yesterday.
Dublin August 14 Peter Galligan MP for the west division of Cavan was court martialed on charges of illegal drilling of troops and inciting mobs against police in connection with Sinn Fein activities. He received a sentence of one year imprisonment at hard labor.
The Boston Fruit & Produce Exchange directors, in a statement issued yesterday, oppose government ownership of railroads. They say such ownership discourages initiative and competition without creating commensurate counterforces. They also call the recent demand for railroad labor astounding.
The four masted schooner Blue Peter, sailing from New York on March 24 with a general cargo to Durban, South Africa, has reached her destination on August 11. Relatives of several Boston men aboard and marine underwriters with cargo policies felt relief upon news of the safe arrival.
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