WAGE REDUCTION.
PROPOSAL CONDEMNED. (FB.EBS ASSOCIATION TELXGBAM.) DUNEDIJSr, Deoember 9. The executive of the New Zealand Typographical Association has issued at statement that it views with grave concern the demand of the Employers' Federation for a reduction in wages. The demand is characterised as a step on the road to a "coolie level," acting as an incentive to other countries in. a vicious struggle for markets to drive their workers still further' down in an attempt to capture an already glutted, and limited market. Hope of increased consumption in these markets is dubbed as illusionary, since in those countries which are served purchasing power has been steadily reduced to the subsistence level. The statement concludes: "The employees are awakening to the need for encouragement of the market through greater purchasing power and consumption. The maintaining of a seven-hour day offers a practical, if Bighbr wages with -the introduction of partial, «oiutioJv"
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Press, Volume LXVI, Issue 20107, 10 December 1930, Page 13
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151WAGE REDUCTION. Press, Volume LXVI, Issue 20107, 10 December 1930, Page 13
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