TRUSTING EMPLOYEES.

Grey River Argus, 26 July 1922, Page 6

TRUSTING EMPLOYEES.

WORK FOR LESS WAGES. ON A COMPANY’S PROMLSK [A. and N.Z. Cable Association.] SYDNEY, July 21. Arising out of the threatened collapse of Rylands’ wire netting and nails manufacturing works and the Broken Bill Proprietory’s steel works at Newcastle, as the result of foreign competition and local high wages, an I unofficial conference, was held between 'the employers and the employees, with Judge Curlewis as chairman, to discuss a reduction in wages to enable the industries to be carried on. The outcome of this is that the Railway Workers’ Industry branch of the Australian Workers’ Union, which is principally affected, decided that in order to solve the unemployment question and assist industries that arc feeling the pinch of outside competition, members of the union will work for less than the award rates, provided that when the times are good, the industries concerned will make up tho back pay.