WAGE REDUCTIONS
«To the Editor.! Sir, —T think it i> an appropriate time for a. word on wage reductions. Having worked in three countries and visited two others, I claim to know a little about the subject. During ihe last few month*, flic parrot cry from most of our leading statesmen, and business men, has been, we must get bark to normal. Wages must be "deflated," etc. My experience has ibeen that the higher the wages the greater the power of consumption of the wage earner. The greater consumption is attended by greater production and employment. Workers of today as the result of high -wages have raised their own standard of living, and are demanding and consuming a greater quantity and variety of goods than they have ever done. To attempt to bring down wages to pre-war level will mean the ruination of hundreds of email business men whose livelihood depends on the prosperity of the wage-earner. High wages and a high standard of living constitute prosperity itself.—T am. etc.. RICHARD EDELSIEX.
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Auckland Star, Volume LIII, Issue 307, 28 December 1922, Page 3
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172WAGE REDUCTIONS Auckland Star, Volume LIII, Issue 307, 28 December 1922, Page 3
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