THREAT TO INDUSTRY.
FOREIGN COMPETITION. LABOR ACCEPTS LOWER PAY. By Telegraph.—Press Assn —Copyright. Received July 25, 1 a.m. Sydney, July 24. Arising out of the threatened collapse of Ryland's wire-netting and nail manufacturing works and the Broken Hill Proprietary steel works at Newcastle, as the result of foreign competition and local high wages, in unofficial conference was held between employers and employees, with Judge Curlewis as chairman, to discuss a reduction of wages to enable the industries to be carried on. The outcome of this is that the railway workers’ industry branch of the Australian Workers’ Union, which is principally affected. decided that in order to solve the unemployment question and assist industries that are feeling the pinch of outside competition, members of the union should work for less than the award rates, provided that when times are good the industries concerned will make up the back pay.
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Taranaki Daily News, 25 July 1922, Page 5
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148THREAT TO INDUSTRY. Taranaki Daily News, 25 July 1922, Page 5
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