WOOL INDUSTRY.
CONDITIONS IN ENGLAND. LONDON, Nov. 28. The Times states that the wool industry in the West Riding is again on the edge of a crisis. No immediate dislocation of business is expected, but the dangers of an armed truce are obvipus. A majority of both parties is anxious to avoid a~ struggle, but the chance exists of an isolated firm precipitating trouble and preventing recovery from the depression which began in 1925. Wages in Yorkshire are now almost twice as high as before the war. There has been no adjustment since the return to a gold standard and the consequent fall in the cost of living. It would seem that the present wages in West Riding are somewhat higher than the industry can bear. ' There is widespread feeling among thoughtful operatives that the\ organisation of the industry leaves something to be desired, and in the present deadlock employers can well afford to make a gesture of conciliation.—Times.
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Manawatu Standard, Volume XLVII, Issue 306, 29 November 1927, Page 7
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159WOOL INDUSTRY. Manawatu Standard, Volume XLVII, Issue 306, 29 November 1927, Page 7
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