Principles upon which the Arbitration Court works in regard to current ivage demands were stated by his Honor Mr Justice Frazer in the Arbitration Court to-day. “ Both sides must recognise that there is an economic limit,” said bis Honor. " The best we can do is not as good as the best we shall be able to do in live years’ time, perhaps. That is why we have to be so specially careful now in watching both sides. We don’t want to see wages brought down to anything like a low* rate. Still, the upper limit has a tendency to be kept in its place. It is rather hard to increase that limit as things are now. We quite recognise that the prosperity of the country is bound up with the physical and social weirare of the people. You can’t have a prosperous community with people living below the subsistence line. But, of course, we must always keep an eye <*j 1 the upper limit, : depends on the financial and ec.: .n .. ,;nit, which we can’t control.”
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Star (Christchurch), Issue 16496, 5 August 1921, Page 7
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176Untitled Star (Christchurch), Issue 16496, 5 August 1921, Page 7
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