WAGES IN AMERICA
INCREASES PROPOSED WASHINGTON. (Rec. 9.40 p.m.) Sept. 4. The Government has already undertaken a programme to raise each worker’s real wages 40 to 50 per cent, as rapidly as possible, stated Mr William Davis, director of Economic Stabilisation. He is confident that the programme will be completed within five years. The method was to keep prices about the present levels, and push up wages 50 per cent. An increase in wages, he said, was essential to provide for the consumption of goods, which in turn would ensure a high level of employment.
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Otago Daily Times, Issue 25941, 6 September 1945, Page 5
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95WAGES IN AMERICA Otago Daily Times, Issue 25941, 6 September 1945, Page 5
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