HIGHER WAGES
WORKERS IN FORD COMPANIES. MINIMUM, SCALE INCREASED, (United Press Association.) (By Electric Telegraph—Copyright.) WASHINGTON, December 3. A report from Detroit states that, following Mr Henry Ford’s statement in Washington, hia son, Edsel, announced that the company will spend 20,000,000 dollars a year to raise the wages.of its workers, to hecome effective from December 1. The minimum scale is now increased from six to seven dollars a day. A previous message stated: President Hoover conferred with leading industrialists, including Mr Henry Ford. They agreed not to reduce wages during the< present financial readjustment. Mr Ford went even further in a statement following the .conference. He said they must go up. It is generally felt that the greatest calamity that could happen at this time tvould.be to cut.wages, thereby decreasing the normal purchases of the average family. Mr Ford later announced that he had decided on an immediate wage increase at his plants.
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Bibliographic details
Otago Daily Times, Issue 20892, 5 December 1929, Page 10
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153HIGHER WAGES Otago Daily Times, Issue 20892, 5 December 1929, Page 10
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