WAGES REDUCTION.
The current >-ue of the “Industral Bulletin" of the New Zealand Employers' Federation, in referring to the pronouncement of the Arbitration Court on the question of wages reduction, remarks that in industrial disputes, as in games, it is unsportsmanlike to criticise the ruling of the umpire. "The claims of Liibnur have undoubtedly received generous consideration,” says the “Bulletin,” “but at. the same time we believe that the Court’s decision has merely postponed the hour for facing the real position. Il will delay the readjustment to normal wages and prices, and thus bring hardship to many industrial employers and employees. If Labour recognises that it has been more than fairly treated, eschews -trikes, and endeavours to raise its efficiency, and therefore the value of its services, the results to the employers will balance the account. Above all, both employers and employees must recognise that only by strict economy, the highest individual efficiency, and close team work, will the way lit l found out of our pre--ent difficulties. Optimists are cheerful people to meet, hut in the present situation anything that may be said to influence people to relax their economy and efficiency, or even to lessen their progress in these desirable directions, will do more harm than good. There is a long climb yet for industry and commerce before the easy going is reached on the road.”
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Manawatu Herald, Volume XLIV, Issue 2433, 25 May 1922, Page 2
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228WAGES REDUCTION. Manawatu Herald, Volume XLIV, Issue 2433, 25 May 1922, Page 2
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