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Atlanta, Fulton County, Georgia
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Leading U.S. railroads canceled a 15% wage cut for 930,000 employees on Friday, averting a strike, following President Roosevelt's recommendation to speed government aid. Roosevelt expressed gratification at the action.
Merged-components note: Garbled headline, accompanying image with spatial overlap, and body text form a single story on railroads canceling wage cuts to avert strike.
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Hope To Speed Up Aid From
CHICAGO-(SNS)--Hoping to speed up government aid, leading railroads of the country forestalled a strike among its workers Friday by canceling an order for a 15 per cent wage cut for approximately 930,000 employees.
The decision on the part of the railroads paved the way for drafting legislation to help the carriers.
It was President Roosevelt who last Saturday recommended withdrawal of the pay reduction notice.
Mr. Roosevelt was informed by telegram Friday that "the railroads are taking this action not because they agree with the conclusions reached by the fact-finding board, but because they recognize the gravity of the situation and because they hope that out of it will come, through the cooperation of all concerned, a sounder and more equitable transportation policy."
The President was reported as being gratified. He was quoted as saying everybody in the nation is happy that the railroads will withdraw the notices of wage reductions.
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Location
Chicago
Event Date
Friday
Story Details
Railroads canceled 15% wage cut for 930,000 employees to avert strike, following Roosevelt's recommendation last Saturday, aiming to expedite government aid and legislation.