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Show STANDARD OIL JO ?4S IGE-CUnERRAIKS Begins In New Jersey and West Virginia NEW TORK, Feb. I Employes et all the refineries of the Standard Oil company of New Jersey have voluntarily volun-tarily accepted a reduotlon of one-half one-half of their cost of living bonus effective ef-fective February IS, It was announced here today et the general offices of the company. The reduction Is equivalent equiv-alent to 10 per cent of their wages. Reports circulated in this city that the Standard Oil was planning a 10 per cent wage reduction affecting Its emploves In all parts of the Unite States were given added currency today to-day by newa of cuts made by Htanderd Oil subeldiariea In widely separated fields New Jersey and West Virginia. Vir-ginia. Employes of the Bsyonne snd Bay-way Bay-way (Elizabeth planta of the Standard Stand-ard Oil company of New Jersey considered, con-sidered, the proposed reduction st meetings last night, while reports came from Mannlngton, W. Vn, that employes of the Eureka Pipe Un company, Standard Oil eubsldlary, hsd been notified of a. similar reduction. reduc-tion. In the West Virginia field a number of employes of the South Pcnnj Oil company, also a Standard Oil subsidiary, sub-sidiary, have been ltld off. The proposed reduction lh pay, according ac-cording to employes who have been notified of the plan, will take the form of suspension of a 10 per cent wage bonus granted by the Standard Oil company during the war to offtet the pressure of high living costs. |