CAPITAL AND LABOUR
CO-ORDINATION OF SERVICE. LORD HALDANE'S VIEWS. Press Association—By Telegraph-Copyright. /r) . LONDON, October 24. (Received Oct. 25, at 0.10 a.m.) Lord Haldane, speaking at the inaugiual meeting of the Instituto of Industrial Administration, said : " The workers object to domination bv capital. We must substitute as a basic principle tfie notion that services are rendered in common. With a view to ensuring success in industry with the greatest output ancl profits, the profits should be divided amon" lose rendering the services according to their merits. The capitalists are entitled to and should receive interest commensulate with the risk they run, and adequate salaries should be paid to managers and specialists. A standard wage should be paid to the workers, the extra profits to eich " Kn ? c f. ordl "S to the services of !L "-0 believed 11 would bo Possible N ZCbl workers' support.—A. and
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19201025.2.45
Bibliographic details
Otago Daily Times, Issue 18075, 25 October 1920, Page 5
Word Count
146CAPITAL AND LABOUR Otago Daily Times, Issue 18075, 25 October 1920, Page 5
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.