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Show Why Don't YOU Open a Checking Account? BUSINESS AND RAILROAD MEN ' Pay by Check! You can facilitate countless business busi-ness transactions when you pay by check. As for the "safety" element, that is quite apparent, for you need not carry sums of money on your person. per-son. Ask us for details! MEMBER FEDERAL DEPOSIT INSURANCE CORPORATION Milford State Bank DEPOSTORY FOR U. S. POSTAL SAVINGS THE labor unions have made their demands In addition, certain of these labor unions hav upon the railways of the United States and demanded advances in their pay not included through the railways upon the PUBLIC. These in the above figures, and more rules for the demands are vastly larger in proportion than any creation of unnecessary jobs. they have ever made. The economical and efficient operation of the railways is vital to the nation's The situation ,hen is his The total cost of defense effort. Therefore, the Western Railways complying with all the demands made would present to the public the following facts: be approximately 900 million dollars a yearl The labor unions representing engineers, fire- The average weekly earnings of railway employees men, conductors, brakemen and switchmen are are now 15 per cent higher than in the peak year demanding a 30 per cent increase in wages, 1929, while the cost of living is 12 per cent less. amounting to 190 million dollars a year t The demands of the railway labor unions are being although their present rates or pay are the . made when the entire nation has just been asked highest in history. ' to make a supreme effort for Notional Defense. Other unions representing a rrcarer number r m i i - The railways cannot meet these demands without or railway employees are demanding wage ' increases ranging as high as 95 per cent- a 3reat inc'case !" tho cst of transportation. They averaging 47 per cent-and amounting to 580 excced hY mor0 than 700 milIion G'oIIars he i"- million dollars a year-although their present corrse that fhe railways had left after paying their rates of pay also are the hicihcst m history. annual expenses, taxes and charges in 1940. Thus the wage increases being demanded by Tho railways have a vitally important job before the labor unions amount to 770 million dollars them. They need all their resources to continue a year, an average increase in excoss of adequately to serve you and contribute effectively 41 per cent. toward the National Dcfcnso Program. THE WESTER RAILWAYS Union Station, Chicago, III. |