DOWNWARD TREND OF WAGES
SPENDING POWER. NOT REDUCED. COST OF LIVING LOWER. (United Press Association —By 0 Electric Telegraph Copyright.} Received 2.30 p.m., to-day. LONDON, June 18. In the House of Commons Mr. Ramsay MacDonald said that the Government Itad given attention to every phase of trade depression, including last year’s downward tendency of wages. Generally speaking, wages had fallen less than the cost of living, therefore there wag. no reduction in spending power.
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Hawera Star, Volume LI, 19 June 1931, Page 9
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74DOWNWARD TREND OF WAGES Hawera Star, Volume LI, 19 June 1931, Page 9
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