DEPRESSION IN JAPAN
PROPOSED CUT IN WAjiES
SERIOUS LABOUR TROUBLES THREATENED
(United Press Association—By Electric Telegraph—Copyright)
TOKIO, 9th Ap-il
A proposed 30 per cent, wages reduction by the Kanegafufclii, it leading wealthy spinning company, because of business depression, is threaten jpg to create labour troubles throughout' the nation. Other companies will inevitably follow the example. Ir. the event of a strike workmen forfeit claims to participation in retirement pension funds. Tho latest developments are causing the Government the utmost misgivings. Rioting is reported at the Kanegafuchi mill, and there are similar outbreaks lit other mills.
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Bibliographic details
Nelson Evening Mail, Volume LXIV, 10 April 1930, Page 5
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95DEPRESSION IN JAPAN Nelson Evening Mail, Volume LXIV, 10 April 1930, Page 5
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