On the record
This has caused a large reduction of the net income of roads, has led to the loss of dividends, and now to the reduction of wages of employees to rates scarcely sufficient to support life.
Source
gutenberg.orgJohn Sherman: “This has caused a large reduction of the net income of roads, has led to the loss of dividends, and now to the reduction…”
Editor's note · Context
Sherman highlights the negative consequences of railroad companies' financial practices on employee wages.
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What I have written is no doubt clouded with partisanship, but I would not be honest if I did not express my attachment to my party.
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