Page:United States Statutes at Large Volume 87.djvu/37

 87 STAT. ]

PUBLIC LAW 93-5-FEB. 9, 1973

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Public Law 93-5 JOINT RESOLUTION February 9, 1973

To extend the provisions of the Railway Labor Act and tot other purposes. [s. j. Res. 59] Whereas a labor dispute exists between the Penn Central Transportation Company and certain of its employees represented by the United Transportation Union, arising out of the Penn Central Transportation Company's implementation of a plan to eliminate approximately five thousand seven hundred train crew positions; and Whereas the recommendations of Presidential Emergency Board Number 1'80 did not result in a settlement of this dispute, and all procedures for resolving such dispute provided for in the Railway Labor Act have been exhausted; and Whereas such dispute has now resulted in a cessation of the Penn Central Transportation Company's rail carrier operations; and Whereas such cessation of operations by the Penn Central Transportation Company, a rail carrier which transports two hundred and twenty five thousand passengers a day and 20 per centum of the Nation's freight, and which provides many necessary connections with numerous other rail carriers operating throughout the Nation, threatens essential transportation services vital to the national health and safety; and Whereas the Penn Central Transportation Company is now undergoing reorganization proceedings under section 7Y of the Federal Bankruptcy Act, and its court-appointed trustees have indicated that present reorganization proceedings will not be successful, even with the eventual elimination of five thousand seven hundred train crew positions, alone, and that a massive infusion of Federal financial assistance would be needed; and Whereas the financial crisis of the Penn Central Transportation Company is so acute that cessation of its operations for even a short period of time, may make it financially impossible to resume operations; and Whereas failure of the Penn Central Transportation Company to resume operations, in addition to the previously stated impact on vital transportation services throughout the Nation, will further threaten the continued operation of other financially-imperiled rail carriers in the Northeast section of the Nation; and Whereas the President has not provided the Congress with any proposals for preserving essential rail services in the Northeast section of the Nation, including those services which would be jeopardized by financial collapse of the Penn Central Company; and Whereas the Congress finds that emergency measures are necessary to assure the continuity of essential rail transportation services: Now, therefore, in order to encourage the parties to the dispute to reach their own agreement, and to provide time for the submission to Congress of a comprehensive plan for preserving essential rail services in the Northeast section of the Nation, be it Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That the provi- Railroad labormanagement d i s sions of the final paragraph of section 10 of the Railway Labor Act p'ute (45 U.S.C. 160) shall apply and be extended for an additional period. strike prohibi commencing at the expiration of the thirty-day period provided for ' 44'st'au'5^86? in the third paragraph of section 10 of the Railway Labor Act (45 U.S.C. 160) and ending at 12:01 antemeridian May 9, 1973, so that during such period no change except by agreement shall be made by the Penn Central Transportation Company or its employees

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