UNEMPLOYMENT.
CAUSES SUGGESTED. LOW PRICES AND HIGH WAGES. '"The continuation of the uneeonomie methods of payment for services throughout the country has resulted in a critical situation having developed with regard to unemployment due to lowered prices, received for our primary products overseas," states tho annual report of the Canterbury Shecpoivners' Union. ''The committee feels that nnti) a financial and industrial readjustment is made, unemployment must continue to increase, and it is imperative that industry should be once more put on a basis of costs ot production, which will leave a margin on realisation ot the product of the labour and services, give sufficient to meet costs ol Government, etc., and leave a margin of profit on which industry generally can survive The new taxation, as proposed on incomes, for unemployment relief can only be considered as a palliative, and one which is applied at the exnense of thrift and industry generally, and while acknowledging tne gravitv of the present position, the committee feels that no permanent solution of present difficulties in this connexion is possible until the root cause of the trouble has been satisfactorily dealt with, and industry once more put on a payable basis."
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Bibliographic details
Press, Volume LXVII, Issue 20314, 13 August 1931, Page 13
Word Count
197UNEMPLOYMENT. Press, Volume LXVII, Issue 20314, 13 August 1931, Page 13
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