Salt Lake Telegram | 1935-08-29 | Page 21 | Rail Retirement Act Signed by Roosevelt

Rail Rai Retirement Act Signed by Roosevelt WASHINGTON Aug 29 UP UP- UP President Roosevelt today signed the Grosser Crosser Crosser rail rai retirement ac act designed designed designed de de- de- de signed to replace last ast years year's pact which was declared invalid by the supreme court court The president also alo approved a companion measure levying taxes of 3 per cent on railroad payrolls and 3 cent 3 per on rail rai workers workers' salaries Intended to raise funds with wih which tho the federal gov government will wi make pension payments to re re- re retired retired tired tred workers worker f P Tho The act attempts attempt to meet objections objections tons raised by the s supreme preme court against the original pension act by basing the tho systems on taxing pow- pow irs firs rs of congress rather than on congressional congressional con con- gressional authority to reg regulate lale in interstate interstate in- in commerce