Pensions Faithful Employees and Railroad Economics
Officials of the Pennsylvania Railroad plan pensions for about 90,000 workers, estimating 200,000 dollars annually for the program. The company earns 65 million dollars yearly, with operating costs of 44 million, making pensions less than 1 percent of running costs. The plan would allow annual layoffs of about 100 workers with modest living stipends, reflecting a humane approach to labor relations.
MENTIONED IN THIS ARTICLE
Pennsylvania Railway Company
Pennsylvania Company
Kansas City Star
Trusts and Strikes Spark Labor Inquiry
John Swinton in the New York World cites a British journal statistician noting over 100,000 workers active in strikes in the first half of the year, the highest since 1877, with ten states showing formidable actions. He attributes the surge to giant monopolies and trust-driven profits, which workers say exclude them from benefit as prices rise.
MENTIONED IN THIS ARTICLE
John Swinton
New York World
United States
Great Britain
St. Louis Post-Dispatch
Receivers Return Control to Baltimore & Ohio Stockholders
After three years in receivership the Baltimore and Ohio railroad is returned to its stockholders. The period under receivership saw prudent management and stabilization of the railway, with operations continuing under careful oversight until regain of ownership by the shareholders.
MENTIONED IN THIS ARTICLE
Arkansas Gazette
Pittsburg & Gulf
Baltimore & Ohio Road
Rich ore assays spark mining optimism near Durham
A Missouri mining expert notes Coneday Bros. Hendrick ore showing 33 ounces silver, 40 percent zinc and 10 percent lead in a Star report. Durham Batson Mining Exchange indicates a carload shipment is near. Prof Soest’s assay from ore of the same mine lists 1875 ounces silver, 64 pounds zinc, 15 pounds lead and 4 pounds tin, though from a different spot in the mine. The varying results still indicate richness and potential for development.
MENTIONED IN THIS ARTICLE
Here
St. Joseph
Missouri
Coneday Bros. & Hendrick
Durham & Batson
Mining Exchange
Soest
De Queen and Mena Rivalry Sparks Cheerful Banter
The De Queen Bee notes chatter about public improvements and a playful rivalry with Mena. The columnist mocks De Queen’s progress while predicting Mena may catch up, and suggests the banter brings a smile to readers.
MENTIONED IN THIS ARTICLE
Mona
Bee
Mena
State Scrip Redemption Notice Issued by Governor
Governor Jones calls redemption of Arkansas state scrip and treasurer's certificates. Holders must present to Thomas E. Little, state treasurer, within sixty days from the notice date or be barred from future redemption. Includes formal notification to all holders of scrip or certificates.
MENTIONED IN THIS ARTICLE
Jones
Arkansas
Thomas E. Little
Governor Sayers Auctions First Texas Cotton Bale
The first bale of Texas cotton was sold at auction Monday by Governor Sayers to aid flood victims, bringing in $2000. The Arkansas Gazette notes the charitable sale proceeds and the relief purpose.
MENTIONED IN THIS ARTICLE
Texas
Sayers
Arkansas Gazette
Whither drifting in politics and a grand train tale
The Arkansas Gazettee notes that if Mark Hanna gives up business to focus on politics the Democratic Party will need its proposed 2 million dollars for 1900 campaign efforts. The piece warns the public against drifting toward anarchy if political styles do not change. The Siberian railway story gains romance with a bicycle track running the train length, including cathedral, gymnasium, Turkish bath, and theater cars in a vestibule train, with an oval track along the outer edge.
MENTIONED IN THIS ARTICLE
Mark Hanna
Democratic Party
Arkansas Gazettee
Siberian
Trusts and price rises discussed in Kansas City Star
The Kansas City Star argues that price increases driven by legitimate demand benefit producers and the public, while increases from trust or combination profiteering enriches a few men and makes the general public poorer.
Russell Sage's Wealth Told By Personal Habits Allegedly
The 83 year old Russell Sage is described as worth from 50 million to 100 million dollars. He reportedly attributes his wealth to strict regular habits and consistent schemes, claiming he never forgets money and clings to every fortune.
MENTIONED IN THIS ARTICLE
Russell Sage
Also Mentioned on This Page
Scott
Mena Jewelry Store
Jackson Drug Company
Asia
Kansas City
Ena Grocery Co
Comet Groceries
Mena Street
Owl
Jeff’s Place
Ng’r
Kentucky
Liquor House
Mena St
Sherwood Avenue
Cook & Cowden, Mgrs
W. I. Boyer
Ark
W. J. Boyer
Ota Noa
Durham & Batson’s
Little Rock
Golden Mining District Recorder's Office
The
Arkansaw Store
de Queen Street
J.B. Littlejohn & CO
W. G. Fry
DRS. Park & Livingston
Physicians and Surgeons
Jackson's Drug Store
Lindsay & Justice Dentists
Es. Starrss
Watchens
Kc, FB & G, Railroad
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