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OVER-PRODUCTION PERIL

SHORTER HOURS THE REMEDY NEW YORK, Aug. 25. The spectre of a great industrial slump in (In' United States, brought about by over-production, has been presented to Mr. Coolidge by Air. William Green, the president of the American Federation of Labor, who with other Labor leaders is visiting tint President at White Pine Gamp, New York. While conditions in the Untied Stales generally are good for the moment. Air. Green warned the Preisideut that prosperity is being maintained in many branches of industry only ill the expensd of overproduction. The only remedy Mr. Green saw was to reduce the hours of labor as surpluses piled up, so as to keep labor constantly employed at. a. moderate rale rather than work overtime atone period and do nothiiio during another. Even in these prosperous times, the Labor leader declared, there was depression in (he sofl coal mini's and in the metal and leather trades, while in New England (he lextile Dade had 25 per eenl. of its employees out of work.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19261006.2.98

Bibliographic details

Poverty Bay Herald, Volume LII, Issue 17157, 6 October 1926, Page 8

Word Count
171

OVER-PRODUCTION PERIL Poverty Bay Herald, Volume LII, Issue 17157, 6 October 1926, Page 8

OVER-PRODUCTION PERIL Poverty Bay Herald, Volume LII, Issue 17157, 6 October 1926, Page 8