Reducing Wages.
ByTekgraph—Press Association—Copyright Melbourne, Nov. '29. At a meeting of Lite Broken Hiit Block Ten Cmupauv the report showed a loss 111 £13(1 on tile half-year's operations. caused by the depression in the price of metals, especially lead The . Federal tariff would lesson the earnine power of the mine by -ozone per annum The Chairman announced that tiie directors of Block ren. and Block Fourteen, and the South Mines had decided, in order to enable the mines to remain at work with metals at tlie present, low rates, to ask the employees to accept a reduction of ten per rent, in wages.'at:d to carry out other economies The meeting adopted the report, and carried a resolution endorsing tlie directors’ reduction proposals. and. if necessary, the shutting down of Block den.
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Bibliographic details
Gisborne Times, Volume VI, Issue 276, 30 November 1901, Page 1
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131Reducing Wages. Gisborne Times, Volume VI, Issue 276, 30 November 1901, Page 1
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