COTTON TRADE CRISIS
LOCK-OUP NOTICES EXPIRE IN FEW DAYS TROUBLE 1N WOOL INDUSTRY (Australian. and N.Z. I'rcss Associuliun) Read. noon. LONDON, Monday. There is no sign of the cotton employers withdrawing the lock~out notices. Trouble is also feared in the wool trade, following the employers’ motion at: the Industrial Council today for an all-round reduction of wages. The “Daily Herald” says less than a week has to elapse ‘before the ”lock—out" notices in connection with the Lancashire cotton industry expire. A stoppage seems to be inevitable. Any pressure upon the employers with pacific ends will undoubtedly receive full public support, says the paper. The employers know they cannot succeed in their attack on wages except by imposing a long period of suffering upon the operatives —-—a. process which the Government and the public cannot idly watch. It would be as well if the employers realised that now, without awaiting that event in the wool and textile industry, their policy in both is hopelessly out of date.
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Bibliographic details
Sun (Auckland), Volume III, Issue 722, 23 July 1929, Page 9
Word Count
166COTTON TRADE CRISIS Sun (Auckland), Volume III, Issue 722, 23 July 1929, Page 9
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