TRADE UNIONS.
LACK GF BUSINESS METHODS. DEFALCATIONS BY OFFICIALS. (Per Press Association—Copj-nght.) ("Sun.") (Received This Day, 9.35 a.m.) LONDON, January 6. The Registrar of Friendly Societies reports that in the general strike year the unions lost 300,000 members, and their funds were reduced by £4,000,000 to £8,600,000. The management cost 14s Id per member, while benefits were 17s Bd. The Registra7' criticised the lack of business methods, resulting in heavy losses due to defalcations by officials. He said, for instance, a trustee's neglect enabled an official to decamp with £3OOO.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AG19280107.2.42
Bibliographic details
Ashburton Guardian, Volume 48, Issue 74, 7 January 1928, Page 5
Word Count
90TRADE UNIONS. Ashburton Guardian, Volume 48, Issue 74, 7 January 1928, Page 5
Using This Item
Ashburton Guardian Ltd is the copyright owner for the Ashburton Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Ashburton Guardian Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in