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As reported in the New York Tribune, Tuesday, August 19, 1919.
Traction Strike Ends; Trains Start at Midnight; Men Get 25 Per Cent Increase, Possibly More Later, Gov. Smith and Lewis Nixon Effect Compromise.
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Mayor Hylan Barred From Conference at P. S. Commission Office on Strikers' Demand
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Conspiracy Charges
To Go to Grand Jury
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 City Suffers Worst Day of Street Congestion in Its History and Business Men Lose Heavily
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 New York's transportation strike is over. The Interborough has agreed to a 25 per cent increase in wages and the strikers were ordered back upon subway and elevated trains at midnight. The remainder of the 50 per cent increase deman-ded will be arbitrated.
It was expected normal service on both systems would be given by 4 o'clock this morning. Before early morning workers for the downtown district to-day the most peaceful car strike the city ever has seen will have passed into history.
 A three-car elevated train bound for South Ferry, was the first to leave the  Bronx Park terminal since the strike was settled. It got underway. At 12: 20 a. m. at 149th Street the cars were well filled. Cheers greeted the train at every station.The first train in the Lexington Avenue subway reached 125th Street at 12:12 this morning.
 All trains had to start from the northern terminals, having been laid up there when the strike was called.
INTERBOROUGH TO
TAKE 8-CENT FARE PLEA
TO LEGISLATURE
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In discussing the settlement of the strike last night, J. L. Quackenbush, chief counsel for the Interborough who with Frank Hedley, general manager, represented the company in the final negotiations, declared that they intended "to try every means to secure an increased fare."
 "We will try to put a bill through the Legislature," said Mr. Quackenbush, "giving the Public service Commission the authority to act in cases such as ours. We expect to con- tinue to use sweet reasonableness with the city officials."
 Asserting that the Interborough would not have to go into the hands of a receiver before January 1, despite the $4,800,000 added to the fixed charges by the twenty-five per cent increase in wages, and that then he hoped the bondholders would advance the amount necessary to cover the deficit, he further said in re- gard to the effect of the settlement on the finances of the company.-
"The report of the examining engineers who investigated the condition of the company shows that with a continuation of present conditions, or, I should say conditions as they were before the strike, at the end of the five years the company would be $5,000,000 behind. Now comes an added yearly expense, under the strike settlement, of nearly $5,000,000, which means $25,000,000 must be add- ed to that $15,000,000, increasing our deficit at the end of the next five years to $40,000,000. The meeting of this deficit is the problem which the Interborough is facing now for which it must find a solution if it is to escape a receivership.”
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New IRT Wage Chart 1919
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Updated January  20 , 2003