AMERICAN PROSPERITY
- HUGE WAGE INCREASE. The wages of 250,000 men employed by the United States Steel Corporn.tion wore increased by" about to percent, on December 15th, according to an official- announcement recently made by the. company. This makes the third 10 per cent, advance that the Steel Corporation has made in Wildes to its workers in 10 10, and means an addition, approximately, of los a week in the pay of the unskilled labourers. Trie action of the directors is designed to meet the increased cost of living-. The increase in wnjres granted amounts to more than 50,000,000 dollars yearly, and brings the corporation's annual pay-roll to more than 20n,00.0,00 dollars.. The corporation, however, is enjoying' unprecedented prosperity, its net earnings now being around 1,00,000 dollars per day.
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Bibliographic details
Grey River Argus, 3 February 1917, Page 8
Word Count
128AMERICAN PROSPERITY Grey River Argus, 3 February 1917, Page 8
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