U.S. STEEL WORKERS WIN PENSIONS

Grey River Argus, 9 November 1949, Page 5

U.S. STEEL WORKERS WIN PENSIONS

(Rec. 10.30). NEW YORK, Nov. 8. The firm of Jones and Laughlin, the fourth largest steel" producer in the United States, has signed an agreement with the Steel Workers’ Union ending the strike at the works. This agreement is the same as the one signed by the Union with the Bethlehem Steel Company last week. The agreement provides that the workers on completing a certain term of service shall each have a pension of 100 dollars per month. It becomes effective immediately. Canada Wants More N.Z. Produce AUCKLAND, Nov 8 The Canadian High Commissioner lor New Zealand, Mr A. Rive, on returning in the Aorangi to-day with his wife and family, after six months in Canada. He said. —“Canada is still ready to buy more of New Zealand’s primary produce than the Dominion can spare. Sterling devaluation Ims made little difference to the trade between the two countries. Canada’s' problem is to get multilateral trade restored. Now she has to buy from cne group of nations and sell to others and there is little balance of trade.”