DEPRESSION IN COTTON TRADE
MEETING OF EMPLOYERS AND EMPLOYEES A SUDDEN ENDING (By Electric Telegraph—Copyright) 'Australian & N.Z Cable Association) (Received 18th January. 2.10 p.m.) LONDON, 17th January. The first meeting of importance at the round-table conference of cotton manufacturers and employees ended startlingly.. The employers have not made any secret for some days of their ideas of improving tho trade outlook, which entailed a 25 per cent, reduction in wages and an increase of hours to 52, instead of 48 weekly. The end of to-day's meeting came when tho employers' secretary wanted the employees to' agree to a communique merely stating that the parties had conferred and adjourned. The employees' representative declined to agree and tlie unions informed the employers that under no circumstances would they even consioer increased hours or reduced wages, but were willing to co-operate with any effort to improve trade and discover the root causes of tho prolonged depression, and suggested that a request be made for'a Governmental inquiry.
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Nelson Evening Mail, Volume LXI, 18 January 1928, Page 2
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163DEPRESSION IN COTTON TRADE Nelson Evening Mail, Volume LXI, 18 January 1928, Page 2
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