CRISIS INEVITABLE.

Auckland Star, Volume LX, Issue 172, 23 July 1929, Page 7

CRISIS INEVITABLE.

Serious Position In Cotton Industry. BRITISH STOPPAGE LIKELY. (Australian and N.Z. Press Association.) LONDON, July 22. The "Daily Herald" says less than a tveek has to elapse before the "lockout" notices in connection with the Lancashire cotton industry expire. A stoppage seems to be inevitable. Any pressure upon the employers with pacific ends will undoubtedly receive full public support, says the paper. The employers know they cannot succeed in their attack on wages except by imposing a long period of suffering upon the operatives—a process which the Government and the public cannot idly watch. It would be as well if the employers realised that now, without awaiting that event in the wool and textile industry, their policy in both is hopelessly out of date. WOOL TRADE. OWNERS SEEK CUT IN WAGES. (Australian and N.Z. Press Association.) (Received 12.30 p.m.) LONDON, July 22. There is no sign of the cotton employers withdrawing the "lock-out" notices. Trouble is also feared in the wool trade, following the employers' motion at the Industrial Council to-day for an all-round reduction of wages.