BRITISH COALMINERS.
PROFIT-SHARING SCHEME. OWNERS' OFFER CONSIDERED. Australian and N.Z. Cable Association. Weed. 10.35 D.m.) LONDON. July 2. The labour correspondent of the Daily Telegraph says the Misers' Federation is considering the proposals of the Mineowners' Association for a new wages agreement. The men havo framed a basis for an income-sharing plan. Under this wages would depend on the profit remaining after the payment of the working costs of a colliery. The workmen would take 87 per cent, and the owners 13 per cent. It is understood that the miners' executive is not prepared to discuss a disappearance of the minimum wage. It is stated on. reliable authority that the owners' proposals provide for a reversion to an eight-hours day, but if the miners will not agree to this the owners' offer to extend the seven-hours day. The owners propose to sweep away the existing general minimum wages of 33 1-3 per cent, on the standard wage. The miners' executive considered the proposals and regarded them as drastic and revolutionary in character. Strong opposition was expressed to the owners' proposal for each district to have its own minimum rates.
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New Zealand Herald, Volume LXII, Issue 19061, 4 July 1925, Page 11
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189BRITISH COALMINERS. New Zealand Herald, Volume LXII, Issue 19061, 4 July 1925, Page 11
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