BAD TIMES AHEAD
GLOOMY JUDGE STRIKES WARNING NOTE WAGES AND PROFITS FALL Reed. 9.50 a.m. MELBOURNE, Today. Judge Beeby, in the Arbitration Court, issued a warning in view of the fall in the prices of wool and other primary produce. A general reconstruction in Australia was inevitable, he said. Unions must realise that lower wages were almost certain, and he suggested smaller profits would probably follow.
Everything pointed to the fact that the present depression was not temporary, but the result of post-war inflation. _____
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Sun (Auckland), Volume III, Issue 896, 13 February 1930, Page 11
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84BAD TIMES AHEAD Sun (Auckland), Volume III, Issue 896, 13 February 1930, Page 11
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