WAGE DEMANDS BY C.I.O.
LABOUR PUBLICATION’S ATTACK WASHINGTON, January 19. The American Federation of Labour publication, “Labour’s Monthly Survey,” attacking the wage demands by the Congress of Industrial Organisations, based on the Nathan report, which contends that total corporate business can support a 25 per cent, increase in wages without raising prices, says that while wage increases without price increases are vitally necessary, it is not true that industry can afford a 25 per cent, general wage increase in 1947. • The article adds that unions negotiate with thousands of companies, each of which is faced with different conditions. Some can pay more and some less, but there can be no pooling of profits as the Nathan report pre-sup-poses, except under a totalitarian State. ______
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Press, Volume LXXXIII, Issue 25088, 21 January 1947, Page 7
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123WAGE DEMANDS BY C.I.O. Press, Volume LXXXIII, Issue 25088, 21 January 1947, Page 7
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