UNEMPLOYMENT
Sir, —One of the principal causes of unemployment has not been made the most of. I refer to the high wages expected and demanded. There are cases where a business does not warrant the payment of present-day wages. The consequence is that the works which might have been put in hand are not proceeded with, and men are ;added to the ever-in-creasing ranks of those looking for work. I am quite prepared for a storm of abuse from those who will not admit that high wages increase the cost of production, and that increased cost of production raises the cost of living. Just because the wages are high, prices are raised because it is expected the high wage-earners are able to pay the higher prices. As a matter of fact the cost of production should ideally be such that no matter what wages are paid the wageearner can live decently. Therefore, it does not matter what the wages are so long ns the wages and cost of living are properly adjusted, the one to the other. —I am. etc., ‘•WANT.” Wellington, July 31.
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Dominion, Volume 22, Issue 264, 3 August 1929, Page 13
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184UNEMPLOYMENT Dominion, Volume 22, Issue 264, 3 August 1929, Page 13
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