THE RAILWAY STRIKE

Gisborne Times, Volume XXV, Issue 2233, 9 November 1907, Page 3

THE RAILWAY STRIKE

United Press Association —Copyright LONDON. Mr. Richard Bell, M. P. speaking at a dinner given by tho Sphinx Club, announced that, os tho result of conferences with Mr. Lloyd George, a settlement of the railway trouble has boon reached which ho hoped would bo satisfactory to everybody concerned. His Majesty tho King had interested himself in tho matter, and file result must be communicated to His Majesty before tho terms of settlement aro announced. The compromise respecting tho railwayman was secured through tho instrumentality of Mr. Lloyd George, It consists of the appointment of a Conciliation Board for each group of employes of every railway, and on tho largo systems of sectional Conciliation Boards, representing groups, and in the event of disputes regarding hours _ and wages remaining unsettled, the matter will bo referred to arbitrators chosen by the Speaker and Master of Rolls. Lord Claude Hamilton describes the scheme as very satisfactory, especially to non-unionists. The Times says Mr Lloyd-George ha's very notably enhanced his politieal reputation and personal prestige over the railway settlement. It adds: “The agreement, which is for six years, assures peace for seven years, as .twelve months’ notice is required to terminate it.” The President of the Amalgamated Society of Railwaymen considers the conciliation scheme an honorable settlement. It establishes the principle of collective bargaining. Mr Baines/ secretary of the Amalgamated Society, of Engineers, is very disappointed at the non-recog-nition of ithe unions. WIDESPREAD SATISFACTION AT SETTLEMENT. (Received Nov. 8, 9.20 p.m.) •LONDON, Nor. 8. ■There is widespread satisfaction at the settlement of the railway dispute. One result was a sharp advance in some of the railway shares. The Amalgamated Society of Railway (Servants resolved in favor of accepting an honorable settlement, and urges .members to give tho machinery a fair trial. ===== =