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Charges railroads with gambling on stock market. Washington, D.C., July 6. Alexander F. Whitney, president of the Brotherhood of Railway Trainmen, leaving the White House today after a conference with the President. Whitney said that railroads could save 700,000,000 to 8,000,000,000 annually if they would do nothing but sell transportation. He charged the railroads had been "gambling on the stock market" and attempting to give rebates to shippers and added "we expect to make a very strong case against the proposed 15 percent wage cut," 7/6/38

Charges railroads with gambling on stock market. Washington, D.C., July 6. Alexander F. Whitney, president of the Brotherhood of Railway Trainmen, leaving the White House today after a conference with the President. Whitney said that railroads could save 700,000,000 to 8,000,000,000 annually if they would do nothing but sell transportation. He charged the railroads had been "gambling on the stock market" and attempting to give rebates to shippers and added "we expect to make a very strong case against the proposed 15 percent wage cut," 7/6/38

 
 
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Harris & Ewing, photographer
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Washington, District of Columbia, United States38.90719, -77.03687
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Library of Congress
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