REDUCTION OF WAGES.
DECISIVE MOVE MADE IN GERMANY. 'USfITBD PSESa 43S0C1AT10S HI SLSCIRU TEt-BORAPK COPVaiOHT.i LONDON, November 10. Both sideß have accepted tho arbitration award reducing tho metal trades' wages. This represents a decisive step towards the general lowering of wages and prices, made necessary owing to the expectation that 4,750,000 will be unemployed in Germany by February, of whom 2,600,000 will be receiving insurance money amounting to £.750,000 for "crisis support," and 900,000 charitable support.
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Bibliographic details
Press, Volume LXVI, Issue 20083, 12 November 1930, Page 11
Word Count
76REDUCTION OF WAGES. Press, Volume LXVI, Issue 20083, 12 November 1930, Page 11
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