WAGE REDUCTION SCHEME

Taranaki Daily News, 27 September 1930, Page 9

WAGE REDUCTION SCHEME

TRADE UNION RESENTMENT WOULD NOT RELIEVE EMPLOYER. WRITING DOWN VALUES URGED. By Telegraph.—Press Association. Wellmgtbii, Sept. 26. Strono- resentment was expressed at a meeting of” tlm^Tr’SKs' 7 Council last night at the proposal made by employers to -tlre~ acting-j?rime-Minister that legislation should be introduced to give the-Arbitration Court. poWer to reduce wages by .orders. A resolution wms carried to thisueSect.. It added that the council was fully alive to the hardship that had befallen the primary producer, to the sharp ■fall? in the value of products in the woild market. ATtedjictidn'in the wages "of workers awards of the Court would, ’however, not af-.-.'ford the pi-itaaryjcprdfimr any relief and his used by the Employers’. as an excuse to reduce If real relief was to be found attention must be directed to 'the very serious over-capitalisation '/in industries, and the writing doivn ; of-- values which were written up whilst .'high prices for primary products were..,obtaining would n-o much farther/in of relief. .’This should certjifily precede any reduction in the wages of workers, who by such reduction would be less able to assist the primary producers in the local markets. - . A-.- -