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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Oct 31, 1910
Page
16
President Mellen praised the pension system for the New Haven road and endorsed it for large corporations. The remarks were announced at the stockholders meeting as the railroad released his speech.
The board notes long standing pension grants to employees and argues a broad system boosts loyalty and service. Current annual pensions run about 100000 dollars with no fixed retirement age and a 30 year service rule. The railroad’s pension costs were about 100048 dollars for the year ending June 30 last, slightly higher than the prior year.
In Paris Briand, prime minister, condemned the Socialists for blocking his speech in the Chamber of Deputies. He declared himself a man of law and order and received a vote of confidence, 829 to 183, after urging Republican support.
Paris reports that in the first half of 1910 births outnumbered deaths by 21 189. For 1909 deaths exceeded births by 28 205, reflecting a net mortality change in year to date records.
Victoria B C Oct 30 One hundred eleven Japanese fishermen were drowned when a storm wrecked a large fleet offshore of Western Japan on Oct 31.
The Boston Elevated Railway reports extensive surface line and tunnel additions from 1898 to 1911, expanding 156 miles of track in outer suburbs. City areas such as Roxbury, Dorchester, Cambridge, East Boston and Malden saw major gains, with transfers rising from 23,775,726 to about 185,000,000 while five cent fares deliver greater suburban reach and improved transit health and comfort.
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