A dispute exists between the United Transportation Union and certain railroads represented by the National Carriers' Conference Committee of the National Railway Labor Conference designated on the list attached hereto and made a part hereof.

This dispute has not heretofore been adjusted under the provisions of the Railway Labor Act, as amended; and

This dispute, in the judgment of the National Mediation Board, threatens substantially to interrupt interstate commerce to a degree such as to deprive a section of the country of essential transportation service:

Now, Therefore, by the authority vested in me by Section 10 of the Railway Labor Act, as amended (45 U.S.C. 160), it is hereby ordered as follows:

1 - 101. Establishment of Board. There is established, effective immediately, a board of three members to be appointed by the President to investigate this dispute. No member of the board shall be pecuniarily or otherwise interested in any organization of railroad employees or any carrier.

1 - 102. Report. The board shall report its finding to the President with respect to the dispute within 30 days from the date of its establishment.

1 - 103. Maintaining Conditions. As provided by Section 10 of the Railway Labor Act, as amended, from the date of the creation of the Emergency Board and for 30 days after the board has made its report to the President, no change, except by agreement, shall be made by the carriers or by their employees, in the conditions out of which the dispute arose.

Ronald Reagan

The White House,

July 21, 1982.

[Filed with the Office of the Federal Register, 10:48 a.m., July 22, 1982]

Note: The list of railroads attached to Executive Order 12373 is printed in the Federal Register of July 23, 1982.

The text of the Executive order was released by the Office of the Press Secretary on July 22.