Show I RAilWAYS LAYING OFF EXTRA HANDS Policy of Retrenchment Put in Force by Roads in the Northwest St SG Paul P ul June 1 The Pioneer Press tomorrow will say aT that the policy pollY or vr retrenchment by the Ole railroads railroad because e of oC federal fedral activity in preventing an In Increase Increase crease In freight bt rates ral 1 its being put nib nto force foroe and that the plan is net not confined to tv this part of vr the country So far tar It 11 ha a has meant the laying off ore of ot about I O laborers laburn In la the north northwest l lwe west wt we Orders orden have 11 been u n received ned r ram from headquarter to tv practically Ah stop all alt new construction work and Dd plans plan for lor or proposed pro extensions extension have e been n tem temporarily dropped The TIle Northern Pacific has hea given or orders t tra dots ders ra to tv lay laT off oft bee men en the tile shunt Urr rn IM and the Northwestern see 0 according to estimates The Chi thi Chicago cago go Milwaukee ee ft R St at Paul 1111 laid off orr between ben en lM and I the first part of Jane In iii the northern Nt stoic atone Jert Per For the present the u tb latter Ails 1 M Ret not ext t the th i policy yoUey el et n ne U n l wis l nw the wanta nta fIe P has ha JaM jai w qt u 4 men mea I IDel und end Del the tile Chicago lUck Heck Island A la Pa 1 cillo I 1 President ent Howard Elliott lIlon of oC the trie Northern Pacific this th afternoon issued a statement tat ment giving the th reasons re oll for the tb action of the railroads rail ra roads in which he ne says Increased taxes tax Increased prices for rot and ANt material and anet the tit eh powers posers of or the railway commis commissions 1008 are all aU working to reduce u uret the ret rot earnings of or railroad w s rh that It seems prudent for the board et ot directors and railroad officers to con consider CO alder sider most carefully not only their duty to the travelers and ADd shippers hip over oyer their roads road but aloe atoo their th tr duty to th ts the very ry large lae number of people whose wh lOe mosey money mOllP Is Invested Invented In railroads railroads and ad the targe JAr class el of or investors Inventor to whom the ran must mut go if they the are to obtain money en for additions and Improvement Improve Improvements ments ment and extensions It seems In e ethe fore the fart i rt of wisdom not to en engage engage gage In tn n neat w enterprises at the th pres present pr prent present ent time and lud not to undertake too to much r work |