Monday, Nov. 24, 1924
To Carry On
The Nation-wide railway strike, which started a fortnight ago (TIME, Nov. 17) and had as two of its principal effects the resignation of Chancellor Ignaz Seipel and a threat to the League of Nations' reconstruction scheme, was ended. Due to the strike's tremendous unpopularity, it was believed that the strikers were utterly defeated. Following the settlement, the Central Committee of Parliament -- a body with wide powers -- requested Chancellor Seipel to carry on. The Chancellor accepted on condition that the opposition parties would pledge themselves to support the League's reconstruction plan. The necessary assurances were anticipated.