Jasper County Democrat, Volume 14, Number 9, Rensselaer, Jasper County, 6 May 1911 — OFFICERS’ SALARIES CUT [ARTICLE]

OFFICERS’ SALARIES CUT

Railroad Increases Employes’ Pay, but Freights Are Same. Indianapolis, May s,—Officers of the Chicago & Eastern Illinois railroad were compelled to submit to a reduction of salaries amounting to $37,000 last year in order to offset in part the increased pay to employes, according to the-story told to the state board of tax commissioners by E. H. Seneff of Chicago, who appeared for the road. “We have been unable to increase our freight rates to meet the cost of living for raifroads,” said Mr. Seneff, “while we have increased the wages of our employes approximately 20 per cent.”