WAIRUNA'S CREW.

Grey River Argus, 18 February 1932, Page 5

WAIRUNA'S CREW.

EFFECTS OF ADVERSE EXCHANGE ILLUSTRATED. DEPRECIATED WAGE PAYMENTS (Per Press Association). AUCKLAND, February 17. The Union steadier Wairuna is held up because of a dispute between .the company and the crew over the irate of exchange between New Zealand and the United States. The ship arrived on Saturday from the Pacific Coast, and the crew were paid on Monday. While in American ports, some of the crew received advances on wages allegedly- on the understanding that the drew would be at the Irate of three point forty-five dollars to the pound, the exchange rate then ruling. When these men were paid on Monday, the advances were deducted. The men claimed that tha money advanced to them, in America should have been at parity rate of four dollars eighty cents to the pound [instead of only three dollars 45 cents. I When the cargo was discharged, the men refused to sail until their

demands were met, the ship’s departure was then postponed from last night till noon, but at one, this afternoon, she had not sailed. It is understood that both sides are firm. A SETTLEMENT. (Per Press Association). AUCKLAND, February 17. In the Wairuna dispute a settlement was reached this afternoon. The terms were not announced. The vessel sailed this evening for Napier.