INDUSTRIAL BURDENS.

Press, Volume LXV, Issue 19622, 18 May 1929, Page 4

INDUSTRIAL BURDENS.

VFHOM: OTR owx coßnßspoKDEirr.) SYDNEY, May 9. The elysium in which employers ar© popularly supposed by many wageearners to live and have their bein" 1 looks at times to be something of an illusion, what with the risks of capital involved in big enterpises. legislative burden, &na the labyrinthic entanglements of strikes. The latest wages increase, consequent upon the new adjustment of the cost of living, has naturally not served to put employers iu a better frame of mind. The New South Wales Government is even more alarmed for the new Federal wage increase will Wl' e^OoT 1 ' !lhing; lik<> •» *Mitional J-oUU,(XX) a year. Enmlovers looked to the Bavin Government to'find some way of relieving them of the cMld endowment tax which i s only* one of industry s legisktive burdens in New Sjouth AY ales. The Government endeavoured to ease the burden by susoend" mg for a time.this tax on wages, S" it discovered that the endowment fund - th^-est ?nt of about £I,OCO.Oa . This meant the re-imposi-tion or the tax on wages until the funa is sufficient to meet the demands upon it. The Government promises then to review the whole position, but it is not inconceivable that, by that time it will be out of office. Employers are' feeling, and have felt for a long time, in fact, that the job of carrying the industrial baby is not one of unalloyed bliss.