COST OF LIVING
RELATION TO WAGES. CONCERN IN ENGLAND. United Press Association—Copyright.! LONDON, January 13. The potentially dangerous conflict between trade unions and the Government regarding the relation of wages and price changes, is disturbing city businessmen. Most economists warmly endorse Mr Chamberlain’s and Sir John Simon’s recent warnings about the vicious spiral which will result from rising wages and prices, and emphasise that the tendency to link wages and the cost of living is an alarming feature of the present economic situation. Public opinion is naturally less conscious of danger, but appears to favour a closer examination of the possibilities of a cost of living bonus. “The Times” strongly supports the system of family allowances, which it is believed may be introduced if the war is prolonged. The “Economist” says that sacrifices by those eai/iing under £250 sterling annually must be imposed by the hook of taxation or the crook of initiation.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AG19400115.2.58
Bibliographic details
Ashburton Guardian, Volume 60, Issue 80, 15 January 1940, Page 8
Word Count
153COST OF LIVING Ashburton Guardian, Volume 60, Issue 80, 15 January 1940, Page 8
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