WAGES IN AMERICA
FORD ANNOUNCES INCREASE. CONFERENCE WITH HOOVER. Washington, November 21. President Hoover conferred with leading industrialists, including Mr Ford, and they agreed not to reduce wages during the present financial readjustment. Mr Ford went even further in his statement following the conference when he said they must go up. It is generally felt that the greatest calamity that could happen at this time would be to cut wages, thereby decreasing 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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Southland Times, Issue 20939, 23 November 1929, Page 7
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94WAGES IN AMERICA Southland Times, Issue 20939, 23 November 1929, Page 7
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