WAGES IN AMERICA
PRESIDENT ARRANGES NO REDUCTION FORD RAISES PAY RATES Recti. 9.5 a.m. WASHINGTON, Thurs. President Hoover conferred with leading industrialists, including Mr. Henry Ford, and they agreed not to reduce wages during the present financial readjustment. Mr. Ford went even further. In a statement following the conference, he
said: “The wages must go up.” It is generally felt that the greates calamity that could happen at thi time would be a cut in wages, thereb decreasing the normal purchases o the average family. Mr. Ford later announced that h had decided on an immediate wag> increase In his plants.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19291122.2.76
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Sun (Auckland), Volume III, Issue 827, 22 November 1929, Page 9
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101WAGES IN AMERICA Sun (Auckland), Volume III, Issue 827, 22 November 1929, Page 9
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