PRICES AND WAGES.
Sir,—W# CBJI quite cheerfully assume that the present tendency of omployers to talk wage reduction is not actuated so much by the decreased cost of living, as by tie inevitable law of supply and demand. But instead of asking the workerg to stand all the loss, suppose '.ye make this a co-operative ooncern in which all can have a share. Take for instance the building trade—houses are wanted as much as ever, and numerous big building projects are being held up I>y excessive costs. Yet labour, timber, bricks, cement and hardware are in oversupply, and money is still awaiting investment. Let all workers and employers concerned in every branch of the building trade, through their respective unions and associations, agree as follows: That the price of timber, bricks, cement and hardware, together with , wages, be reduced by. 10, 15 or 20 per cent, simultaneously. Then whatever the loss or whatever the gain all would share in it. The present vrait-a-while policy would end, and building could proceed as usual, the result being l a normal demand for labour and materials. Builder.
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New Zealand Herald, Volume LIX, Issue 18025, 25 February 1922, Page 7
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184PRICES AND WAGES. New Zealand Herald, Volume LIX, Issue 18025, 25 February 1922, Page 7
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