Standstill In Wages With Three Provisos
(N.Z.P.A.-
-Reuter
, Copyrzght)
Received Tuesday, 7 p.m. f LONDDN, Nov. 22. The " T.TT.C. special economic committee last night finally approved its report on the post-deval-uation wages policy, whicn is to be presented to the general council comorrow. The Dany Telegraph's indusirial correspondent says the committee's report urges the continuance of wages- restraint until the dol'iar gap crisis is over, with three qualifications: — Firstly, if , the retail prices index rises by six points— from 112 as„it is now to 118 — the wages position should he reconsidered; secondly, the. standstill should not apply to workers receiving sub-standard wages Uess than£5 weekly); thirdly, higher output should be rewarded with higner pay.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHRONL19491123.2.41.1
Bibliographic details
Chronicle (Levin), 23 November 1949, Page 5
Word Count
114Standstill In Wages With Three Provisos Chronicle (Levin), 23 November 1949, Page 5
Using This Item
NZME is the copyright owner for the Chronicle (Levin). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in