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TROUBLE LOOMING.

JAPANESE SPINNING MILLS. WAGES REDUCTION RESENTED. (United Press Association— Copyright.) (Received This Day, 8.55 a.m.) TOKIO, April 9. The proposed reduction of 30 per cent, in wages by Kanegafueln, a leading wealthy spinning company, because of business depression, is threatening to create labour troubles throughout the nation. . Other companies will inevitably follow the example. In the event of a strike, workmen forfeit their claims to-participation in the retirement pension-funds.

The latest developments are causing the Government the utmost misgivings. . .., Rioting is reported at Kanegafuchi s Osaka mill, and similar outbreaks have occurred at other millsi

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG19300410.2.31

Bibliographic details

Ashburton Guardian, Volume 50, Issue 153, 10 April 1930, Page 5

Word Count
97

TROUBLE LOOMING. Ashburton Guardian, Volume 50, Issue 153, 10 April 1930, Page 5

TROUBLE LOOMING. Ashburton Guardian, Volume 50, Issue 153, 10 April 1930, Page 5