REDUCTION IN PRICES.
EFF ECT OF WAGE "CUTS."
i(y[VST COME MORE QUICKLY."
■jm. JUSTICE FRAZER'S VIEW.
(By T clegraph.-Press Association.) WELLINGTON, this day
A rem ark by Mr. F. D. Cornwell, a uni on advocate, that the wage-reduction rder of the Arbitration Court Had not suited in a reduction of costs to the public drew a reply from Mr. Justice Frazer to-day. • "The intention was to have a genera Auction in the costs of production, K Honor. "The Court said it laired and expected business people to dt s on that reduction to the conFnmers We do expect and hope that rtTcQ'ts of production and other inciStSl costs will be reduced." His Honor also said there was no imiht the price of manufactured goods J,! "out of step altogether" with tne Dr i c e of primary produce. He had to admit it took some time for the price of manufactures to come down, but the thin* had got to come, and, he thought, more quickly than it had yet, "and till it does we "shall not be in a healthy condition economically."
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Bibliographic details
Auckland Star, Volume LXII, Issue 215, 11 September 1931, Page 3
Word Count
183REDUCTION IN PRICES. Auckland Star, Volume LXII, Issue 215, 11 September 1931, Page 3
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