BRADFORD WOOL INDUSTRY
UN THE EDGE OF A CRISIS. NO IMMEDIATE DISLOCATION EXPECTED. London, Nov. 28. “The Times’’ says the wool inoustry in the W est Riding is again on the edge of a crisis. No immediate dislocation of business is expected, but the dangers of an armed truce are obvious. The majority of both parties are anxious to avoio a struggle, but the chance exists of an isolated firm precipitating the depression which began in 1925. Wages in Yorkshire are now almost twice as high as before the war. there nas been no adjustment since the return to the gold standard and the consequent fall in the cost of living, it would seem that at present wages in the West Riding are somewhat higher than the industry can bear. There is a widespread feeling among thoughtful operatives that the organisation of the industry leaves something to be desired, and in the present deadlock the employers can well afford Io make a gesture of conciliation.—(A. and N.Z.)
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Hawke's Bay Tribune, Volume XVII, 29 November 1927, Page 3
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167BRADFORD WOOL INDUSTRY Hawke's Bay Tribune, Volume XVII, 29 November 1927, Page 3
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