DIVISION OF PROFITS.
WORKERS' SCHEME FAILS. Ey Telegraph.—Press Assn.—Copyright. Received Dec. 30, 11.35 p.m. New York, Dec. 30. After the workers first week's operations of the iron mill.at Newbern a division of profits resulted in such a small pro rata share that the employers unanimously paid them wages, new arrangements being mada by which the workers return io the wage scale, with the employers' proposed reduction.— Aus.-N.Z. Cable Assn.
[At a meeting between the workers and owners of a large iron-mill at Newbern, North Carolina, to discuss a 20 per |eent reduction of wages, resulted in an agreement by which all profit beyond |the operating expense? will be distributed among th* workeis in lieu of wages.]
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Taranaki Daily News, 31 December 1920, Page 5
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116DIVISION OF PROFITS. Taranaki Daily News, 31 December 1920, Page 5
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