WAGES REDUCTIONS.
PROTESTS BY AMERICAN WORKERS. By Telegraph.—Press Assn.—Copyright. New York, March 11. Probably 150,000 men are affected by the wage reduction in Chicago. It is announced that practically every western and several important eastern railways are making reductions, in many cases to the amount of 22 per cent., and never less than 12J per cent. The movement is the' result of the extraordinary efforts of the railways to reach a profitable basis, following the return to private ownership after the war. Wages were greatly increased during the period of Government management and when returned 'by the Government the companies were compelled to take up huge deficits. The workers’ organisations are protesting by all available means and plan to take a strike vote. The Federal Board controlling wages must give its approval before the reductions can be enforced. The board in one ox two cases has refused to permit reductions but it is felt it will probably be compelled to approve general reductions inevitable bankruptcy or at least from acute financial stringency.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19210314.2.65
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, 14 March 1921, Page 6
Word count
Tapeke kupu
172WAGES REDUCTIONS. Taranaki Daily News, 14 March 1921, Page 6
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in