THE COTTON TRADE
ROUND-TABLE CONFERENCE. FIRST MEETING WITHOUT RESULT. (Press Association —By Telegraph—Copyright.) LONDON, January 17. (Received Jan. 18, at 5.5 p.m.) The first meeting of importance at the round-taole conference of cotton manufacturers and employees ended in a startling manner. The employers had not made any secret for some days of their ideas of improving the trade outlook, which entailed a 25 per cent, reduction of wages and an increase of hours to 52, instead of 48 weekly. The end of to-day’s meeting was that the employers’ secretary wanted the employees to agree to a communique merely stating that they had conferred and adjourned, but the employees’ representa tive promptly announced that the unions had straightaway informed the employers that under no circumstances would they even consider increased hours or reduced wages, but that they were willing to co operate with any effort to improve trade and discover the root causes of the prolonged depression, and suggested a request for a governmental inquiry.—A. and N.Z. Cable.
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Otago Daily Times, Issue 20310, 19 January 1928, Page 9
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167THE COTTON TRADE Otago Daily Times, Issue 20310, 19 January 1928, Page 9
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