WAGES TOO HIGH
AUSTRALIAN IRON TRADE
SEVERE REDUCTIONS REQUIRED.
(WITIB PRIII AHOCIAtIOH—COMHI»rtt.> (Received' January 5, 10.30.a.m.) SYDNEY, This Day. Mr; Hoskins, managing director of, the Hoskins iron works, states fhat a fediic-" tipn of wages ia imperative if the locali ,iron and steel trade is to survive. Investors *t present find it mow profitable, to put their money into loans than,into buildings/ in consequence of the pro: hibitive coste. He suggests ? reduction of 20 to 25 per cent, in wages, and perhaps; more, as it is imperative that wages in Australia should not exceed those in America. .
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Bibliographic details
Evening Post, Volume CIII, Issue 3, 5 January 1922, Page 7
Word Count
97WAGES TOO HIGH Evening Post, Volume CIII, Issue 3, 5 January 1922, Page 7
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